Sunday Insurance Delivers Lower-Cost Premiums Using AWS

Опубликовано 13 марта 2019, 17:29

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Sunday Insurance, headquartered in Thailand, is a leading InsurTech company that uses technology to boost the efficiency of traditional insurance services. They use machine-learning algorithms to provide customers with a broader range of insurance policies, covering properties and possessions, and highly customized premiums that deliver greater value to customers.
By using AWS, they enable customers to obtain insurance policies that reflect the underlying risks more accurately which often results in 10 to 20 percent lower premiums than with traditional insurers for lower-risk groups, such as married couples or experienced motorists. Since launching in August 2017, Sunday Insurance’s revenue has been increasing by 30 percent month-on-month as the company attracts more customers thanks to the performance of its machine-learning software running on AWS.