AI Powered Insurance
Product Lifecycle

Nuon’s vision is to apply AI across the full Insurance Product Lifecycle, from quote and purchase stage, through to claims and renewal.

Like adding an advanced ‘digital brain’ Nuon provides insurers with a deep insight and competitive advantage.  Once connected, Nuon AI learns fast as it runs millions of experiments. Insurers can choose to apply changes live or review retrospectively as validation. 

The outcome is simple: insurers attract and retain the right risks, which improves Combined Operating Ratio (COR). While customers receive ‘fair value’ and an enhanced product experience.

How Nuon AI works

The Nuon AI platform becomes a central ‘brain’ for the insurer, broker or MGA.

How Nuon AI works sketch
Reinforcement learning

Reinforcement Learning (RL)

The heart of Nuon’s Artificial Intelligence is a set of proprietary algorithms based on Reinforcement Learning (RL). RL allows Nuon to run experiments on live quotation and sales data, on claims or renewals data, identifying trends, patterns and applying learnings.

In ‘RL-speak’ this breaks down as:

Reinforcement learning

Reinforcement Learning (RL)

The heart of Nuon’s Artificial Intelligence is a set of proprietary algorithms based on Reinforcement Learning (RL). RL allows Nuon to run experiments on live quotation and sales data, on claims or renewals data, identifying trends, patterns and applying learnings.

In ‘RL-speak’ this breaks down as: 

Retain total control of prices & your data​

The Nuon Customer Dashboard provides a real-time view of data and AI suggested price changes, this keeps you the customer, in total control.

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Download price performance example

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Premium Pattern Boost API​

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Want to know more? Please download our pricing example here: