With the use of Artificial Intelligence and Machine Learning, About connecting to any core system, Lumnion provides a unique Lumnion offers a unique end to end platform that can connect to any core system, automating data preparation with more precise risk pricing, impact analysis, and dynamic pricing.
Lumnion’s open platform allows the use of all widely accepted Machine Learning Algorithms, including XG Boost, Random Forest, Decision Tree, as well as GLM and GAM for risk modeling. Moreover, Lumnion has also developed its own methodology to make any black box machine learning algorithms transparent to become operationally usable.
Lumnion has developed its methodology to make the results of the black box machine learning algorithms transparent so that they become operationally usable, even with the legacy core systems.
With Lumnion’s platform, the results of any ML algorithms are transparent, showing which variables to be used, their significance, and possible interaction combinations, which allows actuaries to see the results.
Lumnion's advisory module improves model results and frees actuaries from operational work, boosting efficiency and accuracy.
Lumnion's Pricing Engine reduces IT dependency and streamlines commercial pricing decisions with its integrated Rule and Rating Engine.
Lumnion's pricing platform offers a 360-degree view of the customer by leveraging external data and enabling personalized pricing optimization.
Lumnion has an experienced and dynamic team of data scientists, actuaries, software developers, sales and marketing.