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6 of the Top 10 Insurers are Improving Combined Ratios with Shift AI

With Shift, insurers can take steps now to lessen future profitability issues by applying advanced AI throughout the policy and claims lifecycle

Closing the Gap Between Claims Costs and Premiums using AI

According to the Insurance Information Institute, underwriting losses are forecast to extend throughout 2025 and the industry is expected to close out 2023 with an average combined ratio of more than 102%.

Insurers that can generate process efficiency, while at the same time reducing claims losses, are in the best position to improve loss ratios by as much as 3-6 points.