SoterisWe write ML software to more accurately select & price insurance risk.

Soteris - Auto Insurance Underwriting

Revolutionize Your Auto Insurance Underwriting Process with the Power of Machine Learning

Key Features

• Machine Learning Integration: Harnesses advanced machine learning to improve risk selection.
• SaaS Platform: Easily integrates with existing systems and rate filings.
• Policy-Level Intelligence: Provides precise predictions for individual policies.
• Rapid Processing: Scores each policy in less than one second.
• Segment Activation: Allows all segments to remain active while selecting adequately-rated risks.

Use Cases

• Risk Selection: Accurately select and quote only adequately-rated risks at the point of sale.
• Profitability Improvement: Drive down loss ratios while growing your business.
• Rate Adjustment: Precisely adjust rates to capture future market share.
• Data-Driven Decisions: Generate ratemaking data based on your own book’s loss experience.

Pricing

Our SaaS model is accessible and affordable for insurers of all sizes. Implementation can be completed in just four months, ensuring a quick return on investment.

Teams

Soteris provides dedicated data science and machine learning resources, previously only accessible to large insurers. Our team ensures seamless integration and ongoing support to maximize the benefits of our underwriting solution.