Afairi.io

Afairi.io is a company in semi-stealth developing a next-generation risk platform on DataMesh and SkyCompute technology. Personalized direct offerings and embedded solutions require a cost-effective way to design, price, and distribute insurance products. Machine learning and DataMesh enable to quickly turn ideas into auto-generated risk solutions. SkyCompute enables smart orchestration for quick deployment. The Afairx team provides an end-to-end solution to automate the actuarial and underwriting workflow of building and pricing P&C insurance products. We automate data engineering by unifying heterogenous data sources into a single distribution through GenAI and provide a toolset of DeepFM pipelines to automate data modelling. Our MLOps model encapsulates insurance products and enables to optimize for both price and customer-customized insurance features (“overwriting”). Our approach enables to cut R&D costs – enabling to target niche insurance products and provide better customer-customization for existing insurance products. We provide software and services through Afaira platform and will additionally launch an MGA/network to distribute from risk carriers direct-to-consumer white-label products under the Afairi brand by 2025.