Canopius taps Arturo's AI-powered tech to improve risk management

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Specialty re/insurer Canopius has partnered with technology start-up Arturo on artificial intelligence (AI) and deep-learning property analytics. The integration of Arturo's AI-powered technology will enable Canopius to gain access to the physical property characteristic and predictive analytics using the latest satellite, aerial, and ground-level data. As a result, Canopius will be able to make more informed and differentiated pricing decisions at the point of underwriting. Canopius chief digital officer Marek Shafer said: "Arturo's, AI-powered image analytics capability is hugely impressive. Canopius is excited to be harnessing this pioneering technology, which will help to fine-tune our risk selection process and improve point-of-sale underwriting."