Big Data SaaS for Insurance broker


Solution for a data-driven assessment


Insurance industry is a highly competitive market which requires its players to constantly improve their value proposition. However, simple short-term strategies such as reducing prices and rendering discounts may lead to huge losses in a long run. Therefore, in order to be successful in the market, insurance companies have to be more and more creative in building and perfecting robust and precise models for proper insurance rate calculations and risk assessments.

Being aware of successful cooperation between Unicsoft and one of Lead Automotive Dealer, an International Insurance Broker (further referred as IB) contacted Unicsoft with an idea to develop a solution for a data-driven assessment. Being a partner of several automotive dealers, IB has an access to data received from in-car gauges and in-car smart devices. Therefore, there are two sources of available data: historical and descriptive data about users and the above mentioned data coming from devices, which build the foundation for increasing accuracy of the final model through determining a driving style and User’s proneness to an accident. All the abovementioned components were evaluated by Unicsoft as being crucial in terms of their impact on the final model and insurance rate respectively.



Key points of solution for IB were defined as:

  • choice of proper solution for handling streams coming from two data sources (internal from IB and external from ADs);
  • data cleaning, noise and outliers reduction;
  • development a Scoring model for risk level and proneness assessment;
  • machine learning and model improvement within a specified period of time after its launch.

Based on the identified solution parameters and goals Unicsoft set a team of Advanced Analytics experts along with DevOps and Data Warehousing specialists, which completed initial data cleaning and predictive model within two months and a deployment-ready version of solution within seven months; further, a support team was set up and introduced to IB.



The solution was successfully launched and had a commercial success with reaching the breakeven point within the first 18 months. The solution generated additional sales by offering a personal value proposition due to implementation of multi-feature risk assessment model and proper approach of rate evaluation for a particular User.

Having finished specified Model, IB underlined a very high level of Delivery process provided by Unicsoft, as well as a successful launch of the support team. Consequently, Unicsoft established a partnership with IB and was requested for development of yet another set of models outside Automotive domain.

TECHNOLOGY & TOOLS: PythonXGBoostMachine Learning

Platform: Web

Have an idea for an Artificial Intelligence or Blockchain project?

Let’s discuss it!

You will receive a reply within 24 hours.

    *As a result of submitting completed “Contact Us” form, your personal data will be processed by Unicsoft. We are committed to respecting your privacy. Read our Privacy Policy.
    Meet us in the UK

    Aleksey Zavgorodniy

    Chief Executive Officer

    Telephone +44 204 577 07 94

    Address 2nd Floor, 6 Market Place, London, Fitzrovia, W1W 8AF
    Other countries
    Meet us in Ukraine

    Aleksey Zavgorodniy

    Chief Executive Officer

    Telephone +38 091 481 99 97

    Address 39 Ivana Kudri str, office 11, Kyiv 01042
    Other countries
    Meet us in Singapore

    Glib Konotop

    Director Of Business Development

    Telephone +65 315 949 98

    Address The Signature, 51 Changi Business Park Central 2, Level 04-05, Singapore, 486066
    Other countries
    Meet us in Finland

    Dmytro Naumenko

    Business Development Director for Northern Europe

    Telephone +358145473477

    Address Innova 1, Piippukatu 11, 40100, Jyvaskyla
    Other countries
    Meet us in the Netherlands

    Dmytro Naumenko

    Business Development Director for Northern Europe

    Telephone +3197010280650

    Address c/o Fluwelensingel 27a, 2806 CB Gouda
    Other countries
    Meet us in Germany

    Glib Konotop

    Director Of Business Development

    Telephone +4908995457096

    Address Bahnhofstr. 4a Planegg 82152 Munich, Germany
    Other countries
    Meet us in the UAE

    Johnny Huntington

    Business Development Director (Middle East)

    Telephone +971 058 513 4869

    Other countries


    Get Inspired by our Blog