UrbanStat is a comprehensive underwriting solution that empowers decision makers in the insurance industry. Their full-suite offering, designed specifically for underwriting experts, utilizes procedural and human intelligence assets in unison with advanced data analytics & machine learning techniques. UrbanStat’s AI-based risk scoring algorithm can improve loss ratios by 3 to 7 points.
Using UrbanStat’s three components – Core, Signal, and Vue – carriers can modernize their underwriting, improve technical profitability, and run analyses in seconds. With Duck Creek and UrbanStat’s Anywhere Enabled Integration, Duck Creek customers can select better risks using spatial algorithms, hazard models, and advanced machine learning methods.