Success story about the development of an AI-based insurance premium calculator. Every policyholder has their individual rate. It all started with a successful project at Signal Iduna Insurance in 2018. Since then, we have had the pleasure of welcoming the third and fourth largest insurance companies in China and the No. 5 in Japan as clients. In the fascinating world of insurance, specifically travel insurance, HighPots has reached a milestone. Our AI product for travel insurance has changed the way premiums are calculated and exceeded the expectations of insurance companies. Previously, travel insurance premiums depended on rigid statistical calculations, where actuaries relied on historical data to make risk assessments. These traditional approaches led to standard rates that often could not keep pace with the dynamic…