Insurance

Harness data to meet customers’ changing needs while effectively assessing and protecting against new horizons of risk.

Harnessing the power of data in insurance

In today’s competitive landscape, customers view insurance policies as replaceable if their needs aren’t being met by the provider, making it more important than ever for insurance companies to leverage their data and develop advanced, meaningful strategies.

RapidMiner empowers insurance companies to do just that! With our leading analytics software, you can harness the power of your data to meet customers’ needs while protecting your business against risk.

Insurance Industry Use Cases

Drive Revenue

Cut Costs

Avoid Risks

Why AI Now?

Getting it right in insurance is harder than ever. The complexity of risk is rising due to climate change, terrorism and cybercrime. Smart homes and autonomous vehicles are creating a complex, new industry dynamics and unprecedented considerations when crafting policies.

The analytics behind today’s underwriting, valuation and fraud detection need to be re-invented to be lightning fast, laser accurate and adaptable to changing demands. Failure to deliver means, at best, lower profit and dissatisfied customers. At worst, it exposes insurers to massive losses.

What Our Customers Say

"RapidMiner Best In Class Data Science And Machine Learning Platforms"
Sr Business Intelligence Data Analyst in the Finance Industry
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The RapidMiner team has been amazing from day one. We have a small RapidMiner footprint but are treated like a top tier customer. The availability of a Data Scientist to help with real-world problems was an added benefit that is priceless.

Read the full review on Gartner Peer Insights
"Great Data Mining Function"
Director in the Services Industry
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This tool has helped our company grow better over the past few years since we started using it. We use it to execute data mining activities of all types quickly and easily. It works smoothly regardless of the data source. Our business intelligence performance has been totally improved since we have it.

Read the full review on Gartner Peer Insights
"RapidMiner Is The One-Stop-Shop For Creating And Delivering Data Science Solutions"
Data Scientist in the Finance Industry
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RapidMiner has improved the time to market in delivering data science solutions to our stakeholders. Operationalizing data science projects has never been easier! Highly recommend the product, if the objective is to create an end-to-end data science solution that wasn't otherwise easily attainable with just Python, Notebooks or Rstudio.

Read the full review on Gartner Peer Insights
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Gartner Peer Insights reviews constitute the subjective opinions of individual end users based on their own experiences, and do not represent the views of Gartner or its affiliates.

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Related Resources. Take a Look!

RapidMiner_Insurance
Solutions Snapshot

Data Science for Insurance

Learn how RapidMiner helps harness data to meet customers’ changing needs, while effectively assessing and protecting against new horizons of risk.

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Let's talk about how data science can help you adapt to new horizons and meet new demands to drive revenue, cut costs, and avoid risks.