Insurance Risk Predictor with Dynamic Form Creation
Solution We Delivered
Optimizing Insurance Recommendations with an AI-Powered Risk Predictor and Dynamic Form Engine
Assessing consumer risk accurately is essential for offering the right insurance products, yet traditional methods rely heavily on static forms and manual evaluation—leading to generic recommendations and potential underwriting gaps.
To address this, an AI-powered Proof of Concept was developed that dynamically generates question forms using Angular and calculates a user’s risk profile through machine learning algorithms. As users respond, the system processes their inputs in real time, integrates third-party data sources, and predicts an overall risk score. Based on this score, it intelligently recommends the most suitable insurance plans.
This solution not only automates risk assessment but also personalizes product recommendations, enhances user experience, and supports agile product creation. By combining dynamic UI generation with intelligent decision-making, the tool enables insurers to offer more relevant and data-driven policy suggestions.
Technology Used
Python Machine Learning (For Risk Prediction) Angular 8 for UI
What we did
AI-Driven Insurance Risk Prediction
Used machine learning algorithms to calculate individual risk profiles—enabling data-backed recommendations before insurance purchase.
Dynamic Form Generation
Allowed creation of customizable question forms in Angular—tailored to gather relevant user inputs for accurate risk evaluation.
Seamless Third-Party Data Integration
Integrated with external data sources to enrich user responses and enhance prediction reliability.
Smart Product Recommendation Engine
Recommended optimal insurance plans based on calculated risk scores—improving customer alignment and product suitability.