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Nord CS

AI-based price forecasting for the insurance companies according to the geological and environmental conditions

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  • Germany


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💎 Idea

Forecasting weather condition based on satellite analysis to predict the best insurance rate for tempoarly insurances(e.g., Wedding ceremony insurance, Car rental insurance, Party insurance, Boot rental etc.)

🛰️ EU space technologies

Using received satellites data regarding the weather condition and based on an AI analysis forecast the risk and propose a price for insurance companies during that period 

🏦 Space for the Financial World

1. Providing a risk analysis based on the geographical  and weather condition

2. allows insurance companies to make the  dynamic price model

3.  Provide a long-term forecast regarding the profit& loss

🤼 Team

We have a coder and technology analyst