Lumnion’s open platform allows the use of all widely accepted Machine Learning Algorithms including XgBoost, Random Forest, Decision Tree as well as GLM for risk modeling. We provide an end-to-end platform that takes care of data preparation, risk modeling, commercial optimization, and behavioral pricing.

In our platform, which is fully integrated to core systems and cloud enabled, we allow actuaries to model risk in all widely used algorithms and compare them side by side.

Lumnion has developed its own methodology to make results of the black box machine learning algorithms transparent, so that they become operationally usable instantly even with the legacy core systems.

The results of any of the ML algorithms are made transparent, showing which variables to be used, their significance and possible interaction combinations, which allows actuaries to see into the results.