Ana Sigorta Starts Its Transition to Artificial Intelligence Driven Pricing System with Lumnion

Ana Sigorta and Lumnion launched a collaboration to manage Ana Sigorta's pricing process through Lumnion's artificial intelligence-driven platform.

Lumnion, an expert in the field of insurance pricing, especially in machine learning modeling, will support Ana Sigorta in the development of the pricing process through its artificial intelligence-driven platform, with the aim of providing accessible solutions for all stakeholders.

Cenk Tabakoğlu, CEO of Lumnion, said, "We are pleased to support the development of Ana Sigorta's pricing processes with our artificial intelligence-driven platform, an end-to-end platform that can connect to any core system, automating data preparation, using ML extensively for more precise risk pricing, impact analysis and dynamic pricing. The pricing platform developed by Lumnion is the only platform in the entire industry that can perform modeling both in an algorithm called GLM, which everyone is familiar with, and in all new advanced machine learning algorithms at the same time. We also make the results of these different machine learning algorithms transparent and available.

We continue our work with the awareness that we can increase insurance penetration in the sector by pricing the right risk at the right price. We are aware of the importance of the digitalization processes of insurance companies in Turkey for the sector. Our main goal is to make machine learning, new technologies and artificial intelligence available in the insurance industry. In line with this goal, we believe that we will carry out good works with Ana Sigorta to develop the insurance sector.

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