There are significant factors putting pressure on the insurance market. Factors such as high premium prices, social inflation and unpredictable large-scale weather are adding to carrier and customers’ woes. Pinpoint CEO, Scott Ham talks us through why insurers today should be leveraging AI to improve profits while continuing to provide solutions for consumers. Looking for…
Artificial Intelligence (AI) capabilities are quickly becoming a must-have core competency for insurers wishing to succeed. Leading insurers are materially enhancing operational capabilities and profitability by partnering with AI Insurtechs. This has helped them improve their loss ratios, risk selection processes and customer experience. But many insurers that want to leverage AI in their businesses are…
Profiles in Risk Host Tony Canas meets with Pinpoint’s CEO, Scott Ham to discuss all things insurance while focusing on the impact Pinpoint provides to P&C insurers in helping identify the cost of risks associated with prospects and existing customers, and to grow intelligently.
Profiles in Risk Host Tony Canas meets with Pinpoint’s CEO, Scott Ham to discuss all things insurance while focusing on the impact Pinpoint can provide to P&C insurers to help identify the cost of risks associated with prospects and existing customers, and to grow intelligently.
Overview Insurance companies have been benefiting from data-driven processes that allow micro-segmentation strategies to help keep losses and risks off their books. However, like many emerging technologies, concerns come along with them. Pinpoint has created a guide 5 Questions to Ask AI Insurtechs to help you confidently assess a potential AI Insurtech partner and benefit…
Pinpoint Predictive Inc., a pioneering behavioral deep learning Insurtech, is thrilled to announce the appointment of Nick Gerhart to its distinguished Board of Directors. An insurance industry insider with an impressive background in business strategy, regulation, law and compliance, Nick’s addition to the board reinforces the company’s commitment to innovation and strategic growth. Nick Gerhart…
Pinpoint helped reduce Loss Ratio by 7 points by focusing on Book Acquisition Strategy Client: National Home Insurance Carrier Line of Business: Home Insurance Number of Policies: 200,000 Average Premium: $2,813 Use Case Focus: Book Roll A national home insurance carrier used Pinpoint’s platform to generate Loss Predictions. Their existing models were only available after the…
Unpriceable risks pose a significant challenge for P&C insurance underwriters, as traditional actuarial models may struggle to account for the complex and unforeseen nature of these events, requiring innovative approaches to risk assessment and management. Pinpoint’s Shannon Shallcross breaks down unpriceable risk and how Pinpoint Predictive can support insurers with insights to drive profitability.
Check out the full Press Release here. San Mateo, California, July 06, 2023 (GLOBE NEWSWIRE) — Pinpoint Predictive Inc., an AI-powered platform that delivers the earliest and most accurate loss predictions and risk scores, is providing an alternative for P&C insurers who are under immense pressure to exit states. In recent weeks, the withdrawal of major…
Overview P&C Insurers need to be strategic and act fast when facing challenges of profitable growth, severe weather events, and high inflation. We have put together a guide with some valuable information to help insurers balance the needs of serving policyholders and their communities with the financial realities of running a profitable business.
