1. Underwriting & Portfolio Risk Assessment Benefits:-
Pricing accuracy can be increased
Build models for autonomous underwriting
2. Inspection Optimization Benefits:-
Costly onsite inspections can be decreased
Selection for inspection based on data can be optimized
High fidelity data can be obtained
3. Customer Targeting & Engagement Benefits:-
Segment and target customers with precision
Increase speed to complete rate and quote
4. Management Benefits:-
Reduce expenses
Reduce response time and adjustment costs