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Average Ratings 0 Ratings

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features
design
support

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Write a Review

Description

Athenium Analytics provides insurance companies with tools to uncover fresh pathways for growth, enhance efficiency, and foster ongoing improvement. Our cutting-edge insurtech software equips carriers with the means to elevate quality, boost performance, and make informed business decisions through the use of predictive analytics and actionable insights. By utilizing AI-driven imagery analytics, predictive modeling, and unique risk scores, clients can effectively pinpoint and mitigate risks. The IRIS platform facilitates swift identification of property features and aids in managing portfolio exposure through AI-enhanced computer vision and geospatial imagery. Additionally, our diverse range of risk management solutions empowers underwriting and claims teams to gain better control over risk factors. Together, these tools create a comprehensive approach to navigating the complexities of the insurance landscape.

Description

In recent decades, extreme wildfire conditions have surged by 50% as a result of climate change, leading to a staggering $31 billion in property damages. Consequently, many insurance firms have chosen to withdraw coverage from homes and businesses in California, significantly impacting their profitability. Terrafuse's innovative wildfire AI risk scores assess the true likelihood of property combustion a year in advance. Our wildfire risk solution empowers insurance providers to underwrite a broader range of businesses while limiting non-renewals to properties deemed to have the highest risk of burning, and it allows them to price premiums according to actual risk levels. We enhance our models by analyzing over 50 interconnected environmental factors, such as building density, dead fuel moisture, and vegetation types, to evaluate loss severity over time. Additionally, we incorporate atmospheric physics into our models through sophisticated machine learning methodologies, ensuring a comprehensive understanding of wildfire risks. This approach not only aids in better risk assessment but also fosters a more resilient insurance market in the face of escalating wildfire threats.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

Athenium Analytics

Country

United States

Website

www.athenium.com

Vendor Details

Company Name

Terrafuse AI

Founded

2018

Country

United States

Website

www.terrafuse-ai.com

Product Features

Insurance Agency Management

Claims Management No 
Commission Management No 
Contact Management No 
Document Management No 
Insurance Rating No 
Life & Health No 
Policy Management No 
Property & Casualty No 
Quote Management No 

Product Features

Risk Management

Alerts/Notifications No 
Auditing No 
Business Process Control No 
Compliance Management No 
Corrective Actions (CAPA) No 
Dashboard No 
Exceptions Management No 
IT Risk Management No 
Internal Controls Management No 
Legal Risk Management No 
Mobile Access No 
Operational Risk Management No 
Predictive Analytics No 
Reputation Risk Management No 
Response Management No 
Risk Assessment No 

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