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Finance

Model Ops for Dynamic Pricing in Insurance

Provided by TIBCO

Category Finance

Type White Paper

Publish Date May 17 2020

Overview

Companies that stick to traditional software for dynamic pricing find it hard to stay competitive in today's digital economy. Conventional black box point solutions leave little scope to react to market trends and regulations and to keep pace with the increasing amount and complexity of data. The insurance industry has now started to leave these outdated solutions behind and is increasingly shifting its interest to dynamic pricing systems that are operated by artificial intelligence (AI). This white paper shows how modern AI solutions enable insurers to react quickly to market changes - and thus remain competitive.

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