Built for global insurers, MGAs and brokers

Discover the power of real-time AI retail pricing

Make live adjustments to insurance product market pricing to maximise profitability and beat the competition.

Real-time pricing reacts to market conditions

Proprietary 
Reinforcement Learning algorithms

Secure, compliant and fully auditable

Bespoke user-configurable AI dashboard

A unique real-time pricing service that complements existing underwriting strategies

Nuon AI’s real-time AI pricing solves 3 distinct problems for insurance customers, enabling peak product performance across both new business and renewals.

1

Increase take-up rate

Maximise policy take-up by as much as 30%+ using our unique AI retail pricing solution.

2

Increase average premium

Find optimal price points for premium that allow for an average overall premium increase as high as 40%+.

3

React to market conditions fast

Adapt retail pricing faster than the competition, even during unplanned market events.

What could Nuon AI do for you?

Is Nuon AI’s real-time retail pricing right for my insurance product?

Entry requirements:

  • Digital insurers, MGAs, carriers, brokers or insurance software platforms
  • Personal lines insurance products or commercial lines processing a high volume of quotes
  • Able to make adjustments to prices
  • Able to pass real-time quote data via an API
  • Ambitious insurance organisations actively advancing their capabilities through technology projects

Read more from Nuon AI

Nuon - How to?

How Nuon AI works…

This real-world simulation shows how the Nuon algorithm identifies and responds to a competitor who makes a factor change. This particular scenario sees a price reduction on a motor product for legal cover.

Within two hours, the insurer using Nuon has learned, adapted and recovered its conversion rate.

Nuon dashboard header

AI you control with Nuon’s AI Dashboard

Once integrated with Nuon’s AI, insurance customers can access a powerful MI dashboard to monitor, gain insight and extract data on the AI’s performance. In this blog, we walk through just some of the live metrics covered within the dashboard, putting an insurer in complete control of the AI.

Proudly partnered with

Ignite a Verisk Business
Socotra