Insurance Underwriting and Risk Pricing

Extracts facts from applications and supporting documents and scores risk to set insurance terms and prices.

multimodal LLM OCR and document tabularunverified

0named models

290candidates

0deployments

0in Indonesia

Named Models

The research names no model for this use case.

Where this comes from

Models the research names for this use case. Research, with sources on each model record.

Who Runs It

No deployment is recorded for this use case.

Where this comes from

Documented uses by named organisations. The evidence column says who made the claim.

Candidate Models

Artificial Analysis Intelligence Index: AA leaderboard, 205 current models

A general benchmark for this model class, not a test on this use case. Composite intelligence score across AA evaluations. index. Higher is better. Showing 10 of 17.

Claude Opus 5.5Anthropic independent58

Claude Sonnet 5.5Anthropic independent56

Claude Fable 5.1Anthropic independent53

GPT-6 AstraOpenAI independent53

GPT-6.1 SolOpenAI independent52

Muse Spark 1.3Meta independent48

Grok 4.7SpaceXAI (xAI) independent46

MiMo-V2.6-ProXiaomi independent46

Qwen3.8 MaxAlibaba (Qwen) independent45

Kimi K3Moonshot AI independent44

050100

Apertus v1.5 70BSwiss AI (EPFL, ETH Zurich, CSCS), multimodal LLMReleasedSep 2026open weightsIndonesian statedhas scoreslast 18 months

Muse Glimmer 30BMeta, multimodal LLMReleasedAug 2026open weightsIndonesian statedhas scoreslast 18 months

Mistral Medium 3.5 (v26.04)Mistral AI, multimodal LLMReleasedApr 2026open weightsIndonesian statedhas scoreslast 18 months

Gemma 4 31BGoogle, Google DeepMind, multimodal LLMReleasedApr 2026open weightsIndonesian statedhas scoreslast 18 months

Qwen3.6-27BAlibaba (Qwen), multimodal LLMReleasedApr 2026open weightsIndonesian statedhas scoreslast 18 months

Qwen3.5-4BAlibaba (Qwen), multimodal LLMReleasedMar 2026open weightsruns on edgehas scoreslast 18 months

Qwen3.5-122B-A10BAlibaba (Qwen), multimodal LLMReleasedFeb 2026open weightsIndonesian statedhas scoreslast 18 months

MERaLiON-2-3BA*STAR (Institute for Infocomm Research, I2R), multimodal LLMReleasedMay 2025open weightsIndonesian statedhas scoreslast 18 months

MERaLiON-2-10BA*STAR (Institute for Infocomm Research, I2R), multimodal LLMReleasedMay 2025open weightsIndonesian statedhas scoreslast 18 months

MiMo-V2.6-FlashXiaomi, multimodal LLMReleasedSep 2026open weightshas scoreslast 18 months

Showing 10 of 290. All models of this class

Where this comes from

Derived, not researched: models in the directory whose class matches a class this use case uses, excluding family records and models shut down or deprecated. Ranked by how many fit facts they meet, then by release date. Each fit fact is read from the model record.

Use Case

Industry: finance and insurance
Model classes: multimodal LLMOCR and documenttabularunverified
Benchmarks or datasets: not in the notes
Regulatory notes: Surat Edaran Menkominfo 9/2023 Etika Kecerdasan Artifisial, Kementerian Komunikasi dan Informatika (now Kementerian Komunikasi dan Digital)Insurance underwriting and risk pricing is an AI-based service run by an electronic system operator, and the circular asks such operators to build and use AI on the values of inclusivity, transparency, humanity and security.
UU 27/2022 Pelindungan Data Pribadi, DPR and President of the Republic of Indonesia (administered by Kementerian Komunikasi dan Digital)Insurance underwriting and risk pricing processes personal and financial data of customers, which the law treats as a specific category of personal data, so the controller needs a lawful basis, must protect the data and must honour data subject rights.
POJK 22/2023 Pelindungan Konsumen dan Masyarakat di Sektor Jasa Keuangan, Otoritas Jasa Keuangan (OJK)Insurance underwriting and risk pricing deals directly with financial consumers, so the provider's duties on fair treatment, clear information, data protection and complaint handling apply.
EU AI Act, Regulation (EU) 2024/1689 (international), European UnionInsurance underwriting and risk pricing decides access to an essential private service; the EU AI Act gives credit scoring as an example of a high-risk use, relevant when the system is offered in the EU market.

Where this comes from

From the industry tracks T08 to T10 of the research notes.

R&D Topics

Links to R&D topics are awaiting review.

Where this comes from

Which R&D topics would most change this use case. Drafted by Claude from the topic definitions and the use case; proposed until approved.

Incidents

California Homeowner Reportedly Loses Insurance After Purported Aerial Imagery-Based Roof AssessmentUnited States, 2024-04-06, financialA California homeowner's insurance policy was reportedly not renewed after CSAA relied on aerial imagery, purportedly analyzed by an AI system, to assess the roof as having reached the end of its life.
Auto Insurers Allegedly Are Surreptitiously Collecting and Scoring Driver Data2024-06-09, privacyThe insurance industry allegedly uses AI and telematics to score drivers based on behaviors tracked by automakers and apps like Life360.
Chinese Insurer Ping An Employed Facial Recognition to Determine Customers’ Untrustworthiness, Which Critics Alleged to Likely Make Errors and DiscriminateChina, 2016-04-15, discriminationCustomers’ untrustworthiness and unprofitability were reportedly determined by Ping An, a large insurance company in China, via facial-recognition measurements of micro-expressions and body-mass indices (BMI), which critics argue was likely to make mistakes, discriminate against certain ethnic groups, and undermine its own industry.

Where this comes from

Documented failures, harms or misuse in this kind of use, Indonesia first, then the region, then well-known cases elsewhere (AI Incident Database, OECD AI incidents monitor, reputable news). Not a claim about any deployment listed here.

Opportunities

Opportunities are awaiting review.

Where this comes from

Gaps found by rule in what the directory holds for this use case. Each is a proposal for review.

Links

IndustryFinance29 use cases, 46 deployments

Use CaseInsurance Underwriting and Risk PricingFinance

Modelsnone recorded

Who Runs Itnone recorded

Graph

Sources

cloud.google.com/transform/101-real-world-generative-ai-use-ca... https://cloud.google.com/transform/101-real-world-generative-ai-use-cases-from-industry-leaders
oecd.ai/en/catalogue/tool-use-cases https://oecd.ai/en/catalogue/tool-use-cases

To cite this page: Project AURION, AI Use-Cases Research & Innovation, "Insurance Underwriting and Risk Pricing", https://aurion.semai.id/usecases/fin-insurance-underwriting/, records of October 2026.