SNOWFLAKE USE CASE

Underwriting, Pricing and Risk Selection

Leverage data to accurately assess risk, tailor pricing and underwriting processes to different customer segments and adapt to changing market conditions.

Transform Your Data Pipelines

Aggregate, synthesize, and cleanse data from various internal and external sources to feed sophisticated risk assessment models and algorithms for developing a comprehensive understanding of risk. 

Build Sophisticated Pricing Models

Coding in the language of your choice, leverage a vast collection of 3rd party data sets to provide additional insights into potential risk factors that aid in pricing more accurately and competitively.

Modernize Collaboration with Native Applications

Create native applications that simplify the development, deployment and scaling of AI/ML and advanced analytic solutions to functional areas of the enterprise, including Underwriting, Product Development, Claims, Actuarial, Sales & Distribution and Marketing.

Digital, documents and collaboration with a business team working together in an office for future growth. Data, finance and teamwork with a female employee and colleague talking while reading paper.
Quote Icon

With the Snowflake Data Cloud, we can create a single source of truth and improve the accessibility, findability, and usefulness of the data.

Sudaman Thoppan Mohanchandralal
Regional Chief Data and Analytics Officer and AI Researcher, Allianz Benelux
EBOOK

Insurance Data Trends: How Data And Analytics Continue to Transform the Insurance Industry

In this eBook, learn how insurers are building cloud-native enterprise data strategies that allow them to power use case transformation.

More to Explore

Snowflake Partner Network logo

Snowflake Partners

Access industry-leading Powered by Snowflake solutions that meet your insurance underwriting needs.

Logos of media & entertainment data providers on Snowflake Marketplace

Snowflake Marketplace

Find and test alternative data, including demographic, consumer, and underwriting data, on Snowflake Marketplace.

Light Bulb

Snowflake Solutions

See how Snowflake can support the insurance underwriting, pricing and risk selection use case with the Solution Center.

Solutions Partners

Start your 30-DayFree Trial

Try Snowflake free for 30 days and experience the AI Data Cloud that helps eliminate the complexity, cost and constraints inherent with other solutions.