The share of respondents using machine learning for rate-setting to the full scale in their insurance businesses in 2020 was significantly elevated. However, no submitted plans for applying machine learning models in calculation of insurance reserves were reported by nearly of the polled experts. Machine learning was rather widely implemented by Russian insurers for sales and marketing purposes in that year as well.
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KPMG. (July 29, 2021). Degree of machine learning model employment in Russian insurance industry in 2021, by business segment [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 25, 2026, from /statistics/1091414/russia-machine-learning-usage-in-insurance-market/
KPMG. "Degree of machine learning model employment in Russian insurance industry in 2021, by business segment." Chart. July 29, 2021. ÌÇÐÄÆƽâ°æ. Accessed July 25, 2026. /statistics/1091414/russia-machine-learning-usage-in-insurance-market/
KPMG. (2021). Degree of machine learning model employment in Russian insurance industry in 2021, by business segment. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 25, 2026. /statistics/1091414/russia-machine-learning-usage-in-insurance-market/
KPMG. "Degree of Machine Learning Model Employment in Russian Insurance Industry in 2021, by Business Segment." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 29 Jul 2021, /statistics/1091414/russia-machine-learning-usage-in-insurance-market/
KPMG, Degree of machine learning model employment in Russian insurance industry in 2021, by business segment ÌÇÐÄÆƽâ°æ, /statistics/1091414/russia-machine-learning-usage-in-insurance-market/ (last visited July 25, 2026)
Degree of machine learning model employment in Russian insurance industry in 2021, by business segment [Graph], KPMG, July 29, 2021. [Online]. Available: /statistics/1091414/russia-machine-learning-usage-in-insurance-market/
