Insurance

AI-ready analytics for insurers facing faster markets and stricter regulators

Climate volatility, real-time pricing, and evolving fraud patterns demand analytics that legacy tools can't deliver. Posit Team gives actuaries, underwriters, and data scientists the governed R and Python platform to build, validate, and deploy models with the audit trails and reproducibility that NAIC, GLBA, GDPR, and HIPAA require.

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Pricing analytics

Combine actuarial risk models with demand, contract duration, and price sensitivity data to set competitive rates. Work with GLMs, gradient boosting, and survival analysis packages in R and Python, then publish interactive dashboards so pricing teams can run scenarios against live portfolio data. 

Fraud detection

Identify suspicious claims patterns, network fraud rings, and staged accidents using AI, anomaly detection, and graph analytics in R and Python.

Actuarial modeling

Use ChainLadder, actuar, and scikit-learn in Posit Workbench to build auditable reserving, pricing, and capital models. Deploy them as interactive applications on Posit Connect with audit trails and version control for regulatory review. Document assumptions and results with Quarto for rate filing, regulatory review, and actuarial opinion sign-off.

Develop and iterate in your environment

Work in the IDE you prefer like RStudio, VS Code, JupyterLab, or Positron. Access data wherever it lives, manage reproducible environments with renv or conda, and publish interactive Shiny, Streamlit, or Dash applications for fast stakeholder feedback.

Posit Workbench
Posit Package Manager

Govern with confidence

Maintain control of your data science infrastructure with SAML/OIDC SSO, validated package repos, role-based access controls, and audit logs exportable to your SIEM. Meet compliance needs for NAIC Model Laws, GLBA, GDPR, CCPA, HIPPA, and FCRA from a single admin interface built for regulated environments. Deploy on-premises, in your VPC, or on managed Kubernetes. Use Quarto to generate documented, reproducible actuarial model outputs with integrated narratives, automated calculations, and full provenance for rate filings and regulatory review.

Reduce cost and complexity

Consolidate fragmented replace high-cost MATLAB and Excel-based actuarial workflows with a single governed platform built on open source R and Python. Right-size compute resources, keep your code portable, and if you ever move on, your work comes with you.

Posit Connect

Proven results

Measurable outcomes at insurance companies

Data science teams at insurers and reinsurers ship faster, automate manual processes, and give underwriters and pricing teams direct access to the analysis behind their decisions.

Scaling Bayesian models in insurance

We're building out our Posit Workbench and Team deployment now... You can run Python, you can serve Python models from there, you can serve our R models from there." 

 

— Kevin Dalton, Senior Data Scientist, Great American Insurance

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Production-ready model deployment

Recently we implemented proper deployment release management for all our models so nothing goes to production without going through the deployment." 

 

— Mythili Krishnaraj, Global Delivery Lead Pricing and Analytics Platform, AXA XL

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More precise pricing models

Generali integrated demand, contract duration, and price sensitivity data to build more competitive pricing methodologies. 

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Self-serve underwriting analytics

The Hartford's data science team deployed interactive applications on Posit Connect that let underwriters run sophisticated analyses independently, freeing data scientists for higher-value modeling work.

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Featured resources

See how Posit works for insurance teams