PRODUCT API DEMO
Industry Prediction Service
SLICE MIND
Turning Data Into Action
Many companies have multiple disconnected sources of data with no easy way to make sense of what’s useful and what’s not. We use behavioural science, AI and machine learning to unlock deeper levels of insight.
See one of our many Slice Mind services in action. Try it yourself!
The Power of Slice Mind
Slice Mind gives insurers deeper insights so together we can enhance the insurance experience.
Here are a few examples of Slice Mind services:
Here are a few examples of Slice Mind services:
Industry Codes
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Classifying business activity is an imprecise art. Slice Mind’s AI-powered business context service can classify business activity based on a website, a series of keywords, or a single sentence. This service can return NAICS or SIC codes, or be custom-trained on internal classification systems. In addition, this service can classify businesses working across multiple industries, which permits precise definition of complex business risk for insurance.
Cyber Risk
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Calculate a real-time cyber risk score using externally visible data and non-intrusive algorithms. With user permission, it can also perform a ‘deep scan’, which probes for more subtle vulnerabilities. Our model then returns a comprehensive dataset and report suggesting actionable ways to reduce cyber risk.
Geographical Scoring
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By revealing the geographic distribution of risk, Slice Mind’s geographic scoring API service helps insurers make ongoing pricing, underwriting, and claim settlement decisions with continuous adjustments from ML and AI. It facilitates evidence-based decision making and up-to-date insights into geographic risks and environmental hazards.
Claims Fraud
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Our fraud detection service employs sophisticated AI methods to uncover subtle patterns of behavior present during the claims process. The claims fraud solution is always learning, discovering new schemes of fraud as when they appear.
“Technology and data without an understanding of the mind will only take us so far. The combination is powerful.
Slice Mind is ready to meet that challenge.”
– Max H. Bazerman, Jesse Isidor Straus Professor of Business Administration at the Harvard Business School and the co-founder and inaugural co-chair of the Behavioural Insights Group at Harvard University
We’ve done it before, let us do it for you!
AI/Machine Learning Data Capabilities
US Homeshare
Using a combination of open real estate data and machine learning, we built an underwriting model based on > 25 million dwellings
UK Homeshare
Using open energy assessment data and home sales data across 12 million properties to calculate rebuilding cost
US Cyber
We used a dataset of nearly 30 million US companies to build a Cyber insurance smart underwriting model
US Rideshare
Built a test app that generated thousands of signals per trip; used this data to calculate distance, stopping vs. movement, & sensor fusion to determine the best way to price and underwrite Rideshare
Drive your data further.
The goal is to solve the industry’s toughest and seemingly impossible problems through effective use of data and the new, innovative insight engine from Slice Mind.
With Slice Mind:
Predict
- forecast specifics for risks, events, customers, products, incidents and apply insights to influence actual results
Experiment
- develop a hypothesis, test, observe, measure and drive the right change at the right time
Simulate
- learn with models that reproduce outcomes and drive future change based on historical insights
Nudge
- encourage and promote actions and behaviours throughout all your customer engagements