Munich Re has announced a next-generation AI underwriting system

Predictor, which powers the solution, is also integrated with Munich Re’s other automation solutions such as ALLFINANZ, SPARK, and NOVA. Through this process, the reinsurer handles end-to-end AI model development, deployment, monitoring, control, and maintenance. Munich Re will also offer insurance on policies underwritten by AI models as an optional service to support insurers and provide satisfaction and peace of mind.

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