Algorithmic-follow

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More brokers want to offer clients the speed and efficiency of algorithmic underwriting. But insurers building their own algorithmic underwriting solution can face high development and maintenance costs.

Neuron overcomes this.

Neuron overcomes this by enabling insurers to differentiate using algorithmically enabled trading without the time, talent and cost outlays of building in-house solutions. And you can do this all while retaining control of your pricing and rating tools.

If you’ve already built your own algorithmic underwriting capability, you can integrate your existing engines with Neuron and maximise the value of your investment.

Are you ready to plug into Neuron?

Boost efficiency and profitability

Algorithmic follow powered by Neuron means your business can:

Offer brokers algorithmic underwriting capacity while maintaining control.

Be more agile with algorithmic underwriting that lets you flex and deploy rule changes quickly and easily.

Widen your existing distribution, exploring new lines of business by plugging into Neuron’s network.

Compete smarter for the risks you want; walk away from those you don’t, at speed and at scale.

Redeploy your underwriting talent to value-adding work across your portfolio or to refining your algorithms for enhanced profitability.

Refocus limited resources on your broker relationships and away from manual administrative tasks.

Connect your strategy and appetite directly to brokers with the right opportunities.

Price risk-by-risk or at a portfolio level, giving you the broadest appetite and participation in the market.

Manage your portfolio of risk classes more dynamically, adapting quickly to market and external factors.

Test and learn what works using Neuron’s algorithmic underwriting capabilities in line with your growth aspirations.

Flex and change your underwriting rules with total control to be agile and differentiate your way.

Execute your pricing decisions quickly without waiting for your updated underwriting rules to be deployed.

Digitally trade in line with your own business objectives, not someone else’s – unlike other digital trading platforms, we don’t make you follow lead insurers’ pricing.

Choose algorithmic underwriting for one or all of your risks as we expand the lines of business you can trade on Neuron.

Accelerate your digital trading with Neuron

Algorithmic underwriting dashboard

Control your own algorithmic underwriting

Flex and change your underwriting rules with total control to be agile and differentiate your way.

Real-time submission response

Receive digital submissions and quote within seconds

Execute your pricing decisions quickly without waiting for your updated underwriting rules to be deployed.

Submission and response analytics

Richer portfolio insights

Test and learn from new data and improve risk assessment models over time, leading to more accurate and dynamic underwriting decisions.

Get started with algorithmic underwriting from Neuron

You could be trading algorithmic underwriting follow business in as little as 12 weeks, from your first call with us, through to your first trade. Explore our tailored discovery, onboarding and implementation process, with each step supported by insurance technology specialists