About
Lumnion is state-of-the-art AI-driven pricing platform for P&C and Health Insurance
We allow actuaries to model risk in all ML algorithms.
With the use of Artificial Intelligence and Machine Learning, About connecting to any core system, Lumnion provides a unique Lumnion offers a unique end to end platform that can connect to any core system, automating data preparation with more precise risk pricing, impact analysis, and dynamic pricing.
Lumnion’s open platform allows the use of all widely accepted Machine Learning Algorithms, including XG Boost, Random Forest, Decision Tree, as well as GLM and GAM for risk modeling. Moreover, Lumnion has also developed its own methodology to make any black box machine learning algorithms transparent to become operationally usable.
Our Vision
We want to improve doing business and revolutionize insurance pricing process using groundbreaking ML and AI technologies.
We make the results of the black box machine learning algorithms transparent.
Lumnion has developed its methodology to make the results of the black box machine learning algorithms transparent so that they become operationally usable, even with the legacy core systems.
With Lumnion’s platform, the results of any ML algorithms are transparent, showing which variables to be used, their significance, and possible interaction combinations, which allows actuaries to see the results.
Our Mission
We ensure that every insurance policy gets the correct pricing in the fastest way possible for its risk.
Better and Faster Decisions
Lumnion's advisory module improves model results and frees actuaries from operational work, boosting efficiency and accuracy.
Dynamic Pricing Solutions
Lumnion's Pricing Engine reduces IT dependency and streamlines commercial pricing decisions with its integrated Rule and Rating Engine.
360 View of The Customer
Lumnion's pricing platform offers a 360-degree view of the customer by leveraging external data and enabling personalized pricing optimization.
Experienced Team
Lumnion has an experienced and dynamic team of data scientists, actuaries, software developers, sales and marketing.
Our Values
Shaping Strategy and Culture through Our Guiding Principles
Game Changer Team
Tech-Driven Process
Entrepreneurial Approach
Customer Oriented
Socially Conscious
Contact Us
Get in touch with our team
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
