Risk Scoring
Risk Scoring is an Initask AI agent that builds risk scoring based on client, object, and history data, ranks risks, and suggests terms. Replaces intuitive assessment with a numerical model within risk appetite.
How it works in practice
A new client for car insurance. The agent calculates the risk score based on profile, claims history, and car data, recommending a premium and deductible that balance volume and loss ratio.
Target: what changes and when
- 1 month
Risk assessed by numerical model
- 3 months
More accurate underwriting decisions
- 6 months
Improved portfolio loss ratio
Cost and timeline
- Implementation
- $3 500-5 500
- Subscription
- $150 / mo
- Time to launch
- 4-5 weeks
- Payback
- 5-8 months
The range is indicative and depends on volumes and the state of your data.
Data sources and integrations
- insurance platform
- BI
- external data
Counterparty check
A dossier on any company in the world from 64 sources and 184 sanctions and watch lists, with a deterministic risk score and a source link for every fact. Three checks free.
3 checks free, no card. Then from 149 UAH one-off.
Frequently asked questions
What does the Risk Scoring agent do?
Risk Scoring builds risk scoring based on client, object, and history data, ranks risks, and suggests terms. Replaces intuitive assessment with a numerical model within risk appetite.
How does it work in practice?
A new client for car insurance. The agent calculates the risk score based on profile, claims history, and car data, recommending a premium and deductible that balance volume and loss ratio.
Which systems does Risk Scoring work with?
Typical data sources for this agent: insurance platform, BI, external data. If your system is not on the list, the connection is built for the specific case: via API, exports or a buffer database.
How much does Risk Scoring cost and when does it pay off?
Indicative: implementation $3 500-5 500, subscription $150 per month, payback 5-8 months. The number comes from the real role the agent offloads, and the exact price is calculated on your volumes after a short process review.
How long does the launch take?
Roughly 4-5 weeks from the moment data access is in place. Before production there is a parallel period when the agent computes alongside your people and its numbers are reconciled with yours.