Upload, Enrich and Customize Risk Assessment Models with BOX Solution

Do it in 3 easy steps and share with your Actuarial or Big Data team and experience an average 2% decrease in loss ratio and claim frequency (with up to a 6% decrease in loss ratio and a 9% decrease in claim frequency in selected cases) by harnessing the power of the K2G AI BOX solution!

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Pricing teams are able to create individual risk-adjusted pricing in hours(!) for each policy using Self-Service BOX solution

To support insurers turning their strategy into reality, K2G cleanses and enriches anonymized policy data provided by the insurer, based on which effective ISO 27001 complaint AI models are built. Here is how it works:

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Step 1

Data upload

The system allows you to upload CSV or XLSX files with data for modelling. The function of downloading the initial data from the database is also available on a separate request.

Step 1 - screenshot
Step 2

Data validation

The user can clean his dataset using the pre-installed rules or create his own rules to prepare the dataset for modelling

Step 2 - screenshot
Step 3

Data enrichment

There are multiple available parameters in the K2G Data Lake to enrich your datasets.

Alternative datasets depends on the region of use, original data, and your business strategy.

Step 3 - parameters (text+icons)
Step 4

Choose your model

The system will prompt you to select one of the top 10 models with minor distribution differences.

To make your choice easier, you can compare the training and test datasets, the ROC curve (receiver operating characteristic curve), and the target ranking curve.

Save the models you like and automatically generate an API for risk assessment of new policy holders (response time 0.8 sec) or use the models to assess renewal contracts using CSV or XLSX files.

Step 4 - screenshot

Neural Models are Stable now with K2G Model Ensemble method!

The stability issue arises from various factors. Training a neural network multiple times on the same dataset can yield different configurations due to the initial weight selection, Stochastic Gradient Descent, and Dropout algorithms. However, our data scientists have developed a patented K2G Model Ensemble method that effectively addresses this problem.

Learn how it works!

Instantly use .CSV files for renewals!

For actuaries seeking Data-driven price adjustment coefficients, the K2G BOX solution offers an efficient tool. By utilizing a stable neural network enhanced with alternative data, the K2G methodology ensures robust and reliable calculations. Actuaries can easily download the CSV document containing these coefficients, streamlining their workflow and enhancing accuracy of underwriting assessments.

CSV-file-download

New price inquires instantly processed by API

For pricing and underwriting teams looking to process new inquiries seamlessly, the K2G BOX solution provides a powerful API. Leveraging a stable neural network enriched with alternative data, the K2G methodology ensures accurate and consistent results. By integrating this API, actuaries and underwriters can efficiently handle new inquiries, enhancing their assessment capabilities and improving response times.

API integration

Unlocking advantages

Actuaries, Underwriters Sales and Marketing

Enhanced predictive capabilities

Our AI models uncover hidden patterns within vast datasets, empowering teams to make real-time driven predictions.

Individual pricing solutions

Fine-tune risk pricing strategies with unparalleled accuracy and profitability.

Tailored coverage

Customized and adaptable pricing that reflects the customer's risk profile and preferences, aligned with the insurer's business and financial goals.

Improved customer satisfaction

Reduce instances of anti-selection, enhancing customer satisfaction and fostering loyalty.


Dynamic pricing customization

Precisely tailor prices to match the unique needs and characteristics of each customer, improving engagement and conversion.

Agile response to market dynamics

Stay agile in response to market dynamics, including shifts in demand and competitive trends.

Flexible and efficient marketing

Implement versatile marketing strategies that efficiently reach your target audience and maximize impact.

Identifying advertising opportunities

Discover untapped opportunities for advertising campaigns, expanding your reach and driving growth.

Analyzing advertising effectiveness

Gain insights into the effectiveness of your advertising efforts, optimizing ROI and maximizing returns on marketing investments.

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The figures from K2G convinced us in the proof of concept and we therefore decided to use AI technology in our pricing to be able to make the best offer to the best customers

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Dr. Michael Amman

Chief Underwriting Officer

Let's talk!

Discover our approach for building advanced, high-performance models.

Frequently asked questions

Everything you need to know about the product and billing.

We use country-specific data sets in our modelling and have a dedicated team that gathers data from all over the world. The data for your region is available before we enter into a contract and start a project with our clients.
No. We provide price adjustment coefficients for your existing pricing, based on enhanced Risk assessment (on a policy level). We use our proprietary technology to build stable AI-powered models, enriched by alternative data sets.
We have global knowledge and experts in the data science field, together with your company's experts we will be able to discover and explore the possibilities of how you can benefit from our data and AI solution.
All insurance companies worldwide strive to optimize their predictive models and access more datasets – a logical endeavor. At K2G, we invite you to explore new methods and datasets. It has taken us six years to enrich our datasets and AI capabilities to reach this level. We believe now is the opportune moment to collaborate with us and explore this unique approach.
On average, we demonstrate a 1500% return on investment (ROI) for the funds invested by the insurance company in our services. We would be delighted to provide examples from our case studies.
We are still growing and have now expanded to 19 countries around the world, including Germany, Switzerland, Israel, Poland, Greece, the UK, the Netherlands, etc.
1. Imagine the impact of not working with us when everyone else is. Be the first to gain the maximum advantage in a new country. 2. In countries where we're already established, as Generalized Linear Models (GLM) and other calculation models became standard in the international insurance market, in the same manner incorporating AI and alternative data will also become a standard. Most importantly, it's not just about outperforming your competitors, it's about accurately pricing your clients.
No. We provide price adjustment coefficient based on better understanding of individual risk, enhanced by alternative data. You keep your own pricing strategy in place.
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Locate your representative for seamless communication and support.

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Arina Man

CEO

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Arina Man

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Arina Man

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Arina Man

CEO

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Olena Horshkova

Senior Expert Actuary and Underwriter

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Arina Man

CEO

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