Soteris

Description of Product or Services you would like to promote in the Association:

We're an InsurTech company that ingests submission and claims data from program administrators and builds machine learning models on top of that data to create data analytics products that can provide highly accurate risk selection and technical pricing.

How does your product or service specifically target/benefit Program Administrators:

It's designed specifically for program administrators - our product sits on top of their pricing modules to make split-second underwriting decisions to help them avoid the risks that are likely to seriously affect their underwriting profitability adversely. As an example, in two years of working with the specialty auto underwriting division of AmWINS, our software has demonstrated an ability to improve loss ratios 8-10pts.

What differentiates your product from others in the marketplace?

We don't know of other products like this in the marketplace. We're an insurtech
company, one of the few focused on pricing, and we believe we're creating a new
technological product category for the industry.