AI for Insurance

241 models ranked for insurance and risk management. Scored with bonuses for reasoning (risk assessment), large context (policy documents), JSON mode (structured claims), vision (damage assessment), and function calling.

How we rank: composite score (benchmark scores 90%, capabilities 5%, context window 5%) adjusted with use-case-specific capability bonuses.

#1 for Insurance

241

Total Ranked

241

Reasoning

236

128K+ Context

166

Vision

Insurance AI - Ranked by Insurance Score

#	Model	Provider	Score	$/1M Out	Context
1	Claude Fable 5Anthropic	Anthropic	97	$50.00	1M
2	Claude Fable 5 (batch)Anthropic	Anthropic	97	$25.00	1M
3	Claude Opus 5 (Fast)Anthropic	Anthropic	95	$50.00	1M
4	Claude Opus 5Anthropic	Anthropic	95	$25.00	1M
5	Claude Opus 4.8 (Fast)Anthropic	Anthropic	95	$50.00	1M
6	Claude Opus 4.8Anthropic	Anthropic	95	$25.00	1M
7	Claude Opus 4.7 (Fast)Anthropic	Anthropic	95	$150.00	1M
8	Claude Opus 4.7Anthropic	Anthropic	95	$25.00	1M
9	Claude Opus 4.7 (batch)Anthropic	Anthropic	95	$12.50	1M
10	Claude Opus 4.8 (batch)Anthropic	Anthropic	95	$12.50	1M
11	GPT-5.5 ProOpenAI	OpenAI	93	$180.00	1.1M
12	GPT-5.5 Pro (batch)OpenAI	OpenAI	93	$90.00	1.1M
13	GPT-5.5OpenAI	OpenAI	93	$30.00	1.1M
14	GPT-5.5 (batch)OpenAI	OpenAI	93	$15.00	1.1M
15	Gemini 3.1 Pro Preview Custom ToolsGoogle	Google	92	$12.00	1.0M
16	Gemini 3.1 Pro PreviewGoogle	Google	92	$12.00	1.0M
17	Gemini 3.1 Pro Preview (batch)Google	Google	92	$6.00	1.0M
18	GPT-5.4 ProOpenAI	OpenAI	92	$180.00	1.1M
19	GPT-5.4 Pro (batch)OpenAI	OpenAI	92	$90.00	1.1M
20	GPT-5.4OpenAI	OpenAI	92	$15.00	1.1M
21	GPT-5.4 (batch)OpenAI	OpenAI	92	$7.50	1.1M
22	GPT-5.3-CodexOpenAI	OpenAI	91	$14.00	400K
23	GPT-5.2-CodexOpenAI	OpenAI	91	$14.00	400K
24	GPT-5.2 ProOpenAI	OpenAI	91	$168.00	400K
25	GPT-5.2 Pro (batch)OpenAI	OpenAI	91	$84.00	400K
26	GPT-5.2OpenAI	OpenAI	91	$14.00	400K
27	GPT-5.2 (batch)OpenAI	OpenAI	91	$7.00	400K
28	Claude Opus 4.6Anthropic	Anthropic	90	$25.00	1M
29	Claude Opus 4.6 (batch)Anthropic	Anthropic	90	$12.50	1M
30	GPT-5.6 Luna ProOpenAI	OpenAI	89	$0.60	1.1M

AI for Insurance & Risk

Claims Processing

Automate claims intake, document extraction, and settlement calculations. Vision models assess damage from photos while JSON mode produces structured claim reports.

Risk Assessment

Evaluate risk profiles, analyze actuarial data, and price policies. Reasoning models weigh multiple risk factors and explain underwriting decisions.

Fraud Detection

Identify suspicious patterns in claims, flag inconsistencies, and cross-reference data. Large context processes full claim histories for pattern recognition.

Policy Analysis

Summarize policy documents, compare coverage options, and explain terms. Large context handles full policy contracts for comprehensive analysis.

Finance Legal Healthcare Reasoning Enterprise LLM Leaderboard Accounting Real Estate Business

Frequently Asked Questions

Vision models analyze damage photos and medical documents. Reasoning assesses claim validity against policy terms. Function calling integrates with claims management systems. JSON mode outputs structured claim assessments for adjuster review. Human oversight remains essential for final decisions.

Models analyze risk factors, process application data, and generate underwriting recommendations. Reasoning handles complex risk assessments with multiple variables. Web search accesses public records and industry databases. Large context processes lengthy medical records and financial statements.

Yes, chatbots handle quote requests, policy inquiries, and simple claims. Streaming provides real-time responses. Function calling integrates with policy management systems. For regulated communications, implement compliance review before AI-generated content reaches customers.

Reasoning identifies inconsistent claim narratives and suspicious patterns. Vision detects manipulated damage photos. Function calling cross-references claims databases. Large context processes claim histories for pattern analysis. Web search verifies external data points.