Sunnyvale, California-based Mulberri, an artificial intelligence insurance platform, on Tuesday announced the launch of its Risk Engine, a risk assessment tool for workers compensation underwriters.
The Risk Engine uses machine learning models to determine factors that impact claims based on information including previous loss experience. The cloud-based product allows access to claim frequency, probability and severity predictions on demand and enables users to analyze and score prospects one at a time or in bulk, according to a Mulberri statement.