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Learn how NeuralMetrics leverages artificial intelligence to tackle the small data problem in commercial underwriting. Our AI-driven solutions provide 93% classification accuracy for businesses listed online, even those with fewer than five employees.

One significant solution for commercial insurance is the advancement of AI-powered data platforms to streamline precise underwriting and assist with straight-through processing for submissions and quotes.

Generative AI data engines for commercial insurance classification and risk assessment can now address the “small data problem” of providing appropriate coverages and premium pricing for small businesses.

When leveraging AI-sourced data and analytics to transform underwriting speed and precision, digitally savvy and collaborative solution providers can be ideal partners.

A careful assessment of trade-offs between speed and quality of insights from AI-driven risk data platforms can lead to more effective risk evaluation and better outcomes for both insurers and policyholders.

With the integration of advanced technology and data enablement, agents can focus on expanding their roles as trusted advisers, offering valuable insights and guidance to their clients.

Insurers can grow by adopting the mindset of disruption as a focus on improvements on, rather than wholesale replacement of, processes and workflows.

AI-driven data transparency enables more accurate, efficient underwriting, superior policyholder service, and more business.

NeuralMetrics CEO Prakash Vasant talks about how AI is enabling positive disruption and elevating confidence in risk-quality data from public sources for commercial underwriters.