The Sayata Risk Engine product line was created in response to the changing demands of MGAs and insurance carriers looking for cutting-edge ways to effectively evaluate and manage risk in the SMB market.

In order to reliably identify high-risk accounts, the solution uses powerful AI algorithms. This allows insurers to increase their appetite for risk, accelerate the development of their premiums, and minimize possible losses.

The Sayata Risk Engine's key components include a patented approach to minimize overfitting and SmartExtrapolation technology, which is intended to generate logical conclusions even in situations when standard data sources are restricted.

Sayata also lowers costs and complexity for insurers by ensuring the dependability of data sources through stringent vetting and integration procedures.

"With a single goal in mind: to give insurers a strategic advantage, our team of experts in AI, data, actuarial sciences, and insurance underwriting worked tirelessly to develop the Sayata Risk Engine," said Asaf Lifshitz, CEO of Sayata. We provide a safety net so that our partners can increase their overall profitability while taking on more risk.

"Carriers are inherently doubtful, particularly when we inform them of the anticipated impact's size. Therefore, we demonstrate to them using a straightforward test on their own data, which creates an impact baseline.