Insurtech data company Smart Ratio has been launched to offer data to insurers using natural language processing and machine learning. The New York-based firm said its NeuralMetrics platform would use unstructured public data to provide information for underwriting, classifying and intelligent prospecting. Co-founder and CEO Prakash Vasant said the firm would help transform underwriting accuracy. Fellow founder Marcus Daley said its main target was the small- and medium-enterprise sector.
Insurtech data company NeuralMetrics has been launched to offer data to insurers using natural language processing and machine learning. The New York-based firm said its Smart Ratio platform would use unstructured public data to provide information for underwriting, classifying and intelligent prospecting. Co-founder and CEO Prakash Vasant said the firm would help transform underwriting accuracy. Fellow founder Marcus Daley said its main target was the small- and medium-enterprise sector.