Greater Than’s pattern AI technology provides a new dimension in motor risk pricing.
Currently, motor insurers use age, location, occupation and driving behavior, among other factors, to segmentize drivers into different risk buckets.
Our AI identifies the 15% of drivers contributing to 50% of risk in each pricing bucket, as well as the 85% of drivers who are most profitable, due to a lower risk attitude. This deeper insight into driver risk across a whole portfolio puts insurers in greater control of renewal decisions, risk mitigation and profitability.