The insurance industry, like most other sectors of the economy, is being transformed by AI. This cuts across all parts of the insurance business from marketing, sales and policy documentation to fraud detection and claims management. 3 key factors are accelerating AI-driven change for insurers: Users are increasingly expecting insurers to provide digital tools to manage … [Read more...] about How AI is transforming self-service inspections for insurers through computer vision technology
Information Matters publishes independent research on the ways that companies are applying artificial intelligence (AI) to improve their business operations and outcompete rivals.
Zurich Insurance Group has announced it is to acquire AlphaChat, an Estonian provider of conversational AI. The technology will bolster Zurich's customer service automation efforts and take the firm further down the digital transformation path. AlphaChat has created a messaging automation solution capable of understanding natural language, authenticating users, providing … [Read more...] about Zurich doubles down on digital investments with purchase of AlphaChat
Manchester-based Sourceful has raised £8.8m in a seed funding round let by Index Ventures. The company will be launching its supply-chain platform in 2022 which aims to help companies source and manage eco-friendly products. The company claims its platform will enable companies to find, customise and design sustainable products while offsetting their carbon footprint. Adopting … [Read more...] about Sourceful raises £8.8m to develop supply chain platform
Data sharing solutions for the manufacturing sector got a boost with the announcement of Fractory's £6.5m investment for its supply chain platform. Based in Manchester, Fractory has developed a supply chain solution for the metalworking sector that helps automate the process of uploading CAD files, securing quotes from manufacturers as well arranging packaging and … [Read more...] about Fractory raises £6.5m for its metalworking supply chain platform
The finance data sharing integration platform for small businesses, Aurelia, has raised £2.2m in a seed funding round led by Blossom Capital. Other investors in this round include Guillaume Pousaz, founder and CEO of Checkout.com and Erez Mathan of GoCardless. Co-founded by Sebastian Trif, Aurelia plans to allow SMEs across Europe to run their finances more efficiently through … [Read more...] about Aurelia raises £2.2m for its finance integration platform