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Lumnion is a state-of-the-art AI-driven pricing platform for the Non-Life and Health Insurance industry. It automates data preparation and risk modeling using various machine learning algorithms,…

Lumnion is a state-of-the-art AI-driven pricing platform for the Non-Life and Health Insurance industry. It automates data preparation and risk modeling using various machine learning algorithms,…
Product: AI-driven end-to-end pricing platform and rate engine for P&C and Health insurers
Tech: Supports XGBoost, Random Forest, Decision Tree, GLM, GAM; transparency methods for black-box models
Team size: 22 employees (reported)
Funding: Seed stage; disclosed investment activity including a March 8, 2024 entry
Insurance pricing and rate engineering for property & casualty and health insurance
Insurtech
March 8, 2024 investment entry lists Vakif Katilim as a lead investor
“Named investors include Maxis, OBSS Ventures, and Vakif Katilim”
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