What’s happening in the DIA Community Vol. 6 | DIA Community News
You know that we highly value the insurtechs we had on stage. Of course that also includes the insurtechs that are part of the line up of the next DIA Amsterdam edition, on 25-27 June. Take a look at the latest updates and get a sneak peek of what to expect!
Now your car can call an ambulance for you thanks to MDGo
New technology from Israel’s national EMS service and tech startup MDGo automatically notifies dispatchers of car accidents requiring an ambulance. Beginning in February 2019, late-model cars involved in crashes in Israel have started to call for ambulances autonomously, reporting the exact location as well as the specifics of any injuries. In tests conducted with about 250,000 vehicles in Israel since June 2018, the MDGo system was 100 percent accurate in reporting car accidents and 92% accurate in projecting the injuries sustained compared to field assessments made by MDA emergency medical technicians arriving on the scene.
AmeriTrust selects Xponent Underwriting Workstation form Intellect SEEC for underwriting transformation
AmeriTrust Group, Inc., a leading specialty commercial insurance company based in the U.S., has chosen Xponent Underwriting Workstation from Intellect SEEC for underwriting transformation. Intellect Xponent, a big data and AI-based underwriting workstation, will be deployed to improve the company’s underwriting efficiency and boost profitability. The product provides access to thousands of third-party data sources which, when combined with internal data, generates a well-rounded risk profile of the client. It makes underwriting account-centric, giving an underwriter complete visibility into an insured, across all business lines and products. And most importantly, it enables underwriters and agents to seamlessly collaborate in real time.
Click here to read more about Intellect SEEC
FloowDrive: One Year On
Last year The Floow presented their solution FloowDrive at DIA Amsterdam 2018. Now, one year on from the launch of FloowDrive, they have learnt a lot! “It’s been an exciting and interesting 12 months which has seen us celebrate many successes and implement many changes as we continue to work towards delivering unparalleled capabilities for the benefit of our clients and their customers with FloowDrive sitting right at the heart of this. Currently, we have pilots running across Europe and the US. The reaction to FloowDrive from the market has been extremely positive to date and it is great to see that insurers are excited about the possibilities of telematics which FloowDrive has opened up to them.” – Michael Rose, Senior Business Analyst at The Floow.
FloowDrive was the beginning of The Floow’s move to a product focus allowing them to focus further on innovation projects to improve and continually develop their capabilities.
Check out their journey here
Nordic Capital acquires digital identity pioneer Signicat
Nordic Capital Fund IX (“Nordic Capital”) recently announced the acquisition of Signicat, a high-growth provider of digital identity and signatures solutions that operates the leading digital identity hub in the market. Signicat leads innovation in verified digital identity solutions, reducing risk while providing a smart and intuitive user experience. The company’s solutions are also increasingly adopted across new verticals, being used for instance by blue-chip companies such as BMW, Konica Minolta and Schibsted Media Group.
Click here to read more about Signicat
Turning data into drops: How DataRobot’s technology helps developing nations access water
From the outset, the team at Global Water Challenge knew that analysing data from water pumps could be used to help provide the vital resource in areas where access was scarce. The issue for Brian Banks, director of strategic initiatives at the campaigning group Global Water Challenge, was that he didn’t know how. Thanks to DataRobot’s technology, they obtained the skills to upload information “on the fly” and select the solution the model needed to solve and “click start”.
Click here to read more about this innovative use of technology
Spanish insurtech startup Bdeo raises €1 million
Madrid-based insurtech and visual intelligence startup Bdeo has raised €1 million in funding from Big Sur Ventures and K Fund. Bdeo helps insurance companies to go through the digital transformation by offering what it calls a “visual intelligence” platform. The startup digitises the processes of purchasing an insurance policy and registering a claim with a video calling technology that allows collecting all the documents and evidence necessary. The list of the startup’s clients includes Mutua Madrileña and Zurich in Spain, Fidelidade in Portugal, and BBVA Bancomer in Mexico.
Click here to read more about bdeo
Tieto and Haltian partner to make workplaces empathic – Accelerating employee experience with the help of data and IoT
We’re all about customer engagement – but we strongly believe that this can only be done successfully if ‘employee empowerment’ is implemented as well. That’s why we’re excited by this update which is aimed at creating better work environments. Oulu-based IoT and product development company Haltian and internationally-operating Nordic software and services company Tieto, have agreed a multiannual commercial cooperation concerning Tieto’s Empathic Building service. The aim of the Empathic Building service is to increase the happiness and satisfaction of employees with respect to their work environments.
Click here to read more about Tieto
SWORD Health: AI-Powered Physical Therapy Shown to Beat Traditional Physical Therapy
Some promising study results showing the power of technology in health! Recovery from knee injuries is faster and longer lasting with a unique remote physical therapy approach than with traditional physical therapy, two scientific studies show. The Digital Therapist, developed by tech-enabled physical therapy provider SWORD Health, was twice as strong in recovering patients than traditional patient-to-therapist intervention all the while presenting durable effects. SWORD Health, which has digital therapists delivering physical therapy to patients at home while human clinical teams remotely supervise the recovery process, proved their approach was effective in both studies, outperforming traditional physical therapy in recovery time, but also in treatment engagement and quality of life parameters.
Click here to read more about SWORD Health
Norway’s biggest bank automated 51% of its online chat traffic with Boost.ai
There is just so much that insurance carriers can learn from their colleagues in the banking sector. DNB turned to boost.ai to manage the high volume of chat traffic to its customer center, developing a digital banking advisor that successfully automated half of all online chat interactions in just four months. They needed a way to free up staff from repetitive work while continuing to provide their customers with always-available, 24/7 support. DNB worked with boost.ai to help develop and launch Aino, an advanced digital banking advisor – powered by conversational AI – with capabilities far superior to those of a typical chatbot.
Excited to see them on stage at DIA Amsterdam 25-27 June!
Click here to read more about boost.ai
Europ Assistance – the next Telemedico’s business partner
Europ Assistance Polska (EAP) is another company providing assistance services, which enlarged the group of Telemedico’s business partners. EAP is a part of Europ Assistance Group – the global leader in terms of the number of cases handled as well as the quality of services offered. The cooperation is about providing telemedical services to EAP patients via chat, videochat or by phone. Apart from telemedical eVisits, they provide unlimited access to medical documentation (referrals, prescriptions and e-prescriptions included) and SMS communications as well.
Click here to read more about Telemedico