Munich Re announces next-gen AI-powered underwriting solution

Predictor, which powers the solution, is also integrated with other automated Munich Re solutions like ALLFINANZ, SPARK, and NOVA. Through the proposition, the reinsurer handles the end-to-end process of AI model development, deployment, monitoring, management, and maintenance. Munich Re will also offer reinsurance on policies underwritten by these AI models as an optional service to further support insurers and provide alignment of interest and peace of mind.