InsurTech Futures: Azur to use AI to better analyse risk

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Provider says new data platform will give underwriters more time to focus on building relationships with brokers.

Azur has partnered with technology firm Logical Glue to implement algorithms that it said will enable better risk analysis in order to free up underwriters to focus on broker relationships.

The managing digital agent explained that the technology would help it move towards straight through processing on simpler risks, allowing underwriters to work on the more complex risks.

According to Azur the solution puts customer data at the centre of operations to allow for real-time pricing and risk

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