Kiribatu Labs Ltd.
Computer Software - , ,
Kiribatu Labs Ltd. Employees
Kiribatu Labs Ltd. Details
Kiribatu Labs Ltd. (www.kiribatulabs.com) is a Canadian company that provides predictive analytics based software (Kiribatu Risk Management Suite) and predictive modeling services to the P&C insurance industry to optimize profitability assessment and client life cycle management. The fundamental advantage of predictive modeling is that it more accurately assesses risk than historical actuarial methods and Generalized Linear Modeling (GLM) methods. More accurate Risk Scoring is the foundation that drives more insightful business decision-making process from an underwriting, policy pricing, Risk Sharing Pool (RSP) ceding, marketing and client life-cycle management perspective. Kiribatu's advanced Risk Scoring technology helps insurers acquire profitable clients, retain profitable clients, understand and react to critical business trends, deeply leverage Big Data repositories, make more informed business decisions and uncover answers to complex business questions. The Kiribatu Risk Management Suite (RMS) consists of the Kiribatu RSP Ceding solution, the Kiribatu Risk Scoring solution and the Kiribatu Risk Visualization solution. Kiribatu's solutions can double an insurer's underwriting profit.
