SAN MATEO, Calif., Feb. 6, 2025 /PRNewswire/ -- Pinpoint Predictive, Inc., the leading risk assessment platform for Property and Casualty (P&C) insurers, is pleased to announce a strategic partnership with Lightspeed Specialty Insurance Solutions, a prominent provider of innovative insurance products. This collaboration aims to integrate Pinpoint's advanced loss predictions into Lightspeed's pricing models, enhancing underwriting accuracy and operational efficiency highlighting their transformative role in the insurance industry.

Pinpoint Predictive leverages full automation, advanced machine learning, and novel behavioral economics datapoints to deliver precise loss predictions, enabling insurers to materially improve loss ratios. By incorporating Pinpoint's technology, Lightspeed Insurance intends to refine its pricing strategies, ensuring more accurate risk selection and optimized premium structures.

"We are excited to partner with Lightspeed Insurance to bring our predictive analytics capabilities to their pricing processes," said Scott Ham, CEO of Pinpoint Predictive. "This collaboration underscores our commitment to empowering insurers with innovative tools that drive profitability and enhance customer satisfaction."
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Lightspeed Specialty Insurance Solutions is a team of proven California property experts operating as an MGA, delivering homeowners and landlord coverage solutions through select California retail agents. Their solutions are underwritten on behalf of exceptional underwriters at Lloyd's of London, along with other top carriers.

"Integrating Pinpoint's predictive analytics into our pricing models represents a significant advancement in our underwriting capabilities," said Zak Belanger, Chief Underwriting Officer at Lightspeed Insurance. "This partnership enables us to better assess risk and offer more competitive pricing to our customers.

"This partnership reflects a shared vision between Pinpoint Predictive and Lightspeed Insurance to harness advanced technology for improved risk assessment and customer-centric solutions.

For partnership opportunities, contact info@pinpoint.ai.