FIS - AI and Machine Learning: Predictive Analytics, Experience and Rating Manager
Type of system
- Analytics
- Pricing
- Clustering experience analysis
- proxy models
- process management
- fraud detection
- claims decisions
- underwriting decisions
- anomaly and outlier detection
Type of platform
- Cloud
- SaaS
Has the product an open API? Yes / No?
Yes
What are the typical implementation costs for your product?
Implementation costs vary depending on the scope of the project. The main solution is SaaS hence provides a much more streamlined implementation. Thanks to our extensive out-of -the-box functionality, which cover the latest machine learning algorithms and approaches clients can build new models very quickly.
How long does your product take to implement on site?
Again, implementation timeframes vary according to the project’s scope. But extensive out-of-the-box functionality make it easier for insurers to rapidly deploy our software and develop predictive models to meet internal risk needs.
Please name companies that use the system/product
Globally, more than 1,000 client sites in over 80 countries use the solution. We do not disclose all of our clients but a range of case studies are available.
Product summary: Please summarise your product’s key points for re/insurers in no more than 100 words.
A no-code fully functioning predictive analytics tool that includes the latest machine learning models alongside metrics, interpretation, explanation, validation and visualisation running in a scalable cloud environment.
Website
www.fisglobal.com/products/fis-insurance-risk-suite
