Gradient AI provides AI solutions for the insurance industry, leveraging vast industry data for accurate predictions. Their technology leverages AI to enhance underwriting, claims management, and other critical insurance processes. By utilizing advanced machine learning models, Gradient AI aims to improve accuracy, efficiency, and decision-making within insurance companies, leading to better risk assessment and customer service.

Sapiens is a provider of software solutions for the insurance industry, with a growing presence in the financial services sector. They offer end-to-end solutions to the general insurance, property and casualty, life, pension and annuities, reinsurance, and retirement markets, as well as business decision management software.

Shift Technology delivers AI-native decision automation and optimization solutions built specifically for the global insurance industry. Addressing several critical processes across the insurance policy lifecycle, Shift helps insurers achieve faster, more accurate claims and policy resolutions. Shift has analyzed billions of insurance transactions to date and was presented Frost & Sullivan’s 2020 Global Claims Solutions for Insurance Market Leadership Award.

Friss is the provider of analytics software for fraud, risk, and compliance for P&C insurers. Friss has 100% dedication to fraud, risk, and compliance for non-life insurance companies worldwide. FRISS helps insurers to achieve profitable portfolio growth and improve their perception in the market as trustworthy insurer. FRISS is a ready-to-use business solution and improves the insurers' loss ratios by identifying high risks and fraud at quotation, underwriting, and claim handling across all private and commercial lines. The FRISS® Score enables better decisions since it indicates the risk for each quotation, policy or claim. FRISS is global market leader with 150+ implementations in over 30 countries. FRISS (www.friss.com) offers a complete solution for fraud, risk and compliance. ☆ Risk assessment at underwriting ☆ Generate profitable growth for your portfolio by real-time automated detection and assessment of risks during the underwriting process. It is important to prevent fraud and assess risks by having a holistic view of prospects before they enter your portfolio. The FRISS underwriting solution provides an intelligent and uniform risk estimation, which is proven to improve the combined ratio significantly. ☆ Prevent and detect fraud at claims ☆ The general assumption is that, at average, around 10% of all Insurance Claims are tied to some sort of fraud. In order to finance these malicious claims, we all pay additional for our Insurance Policies. Three things are important: - How to detect fraud correctly and efficiently? - How to detect malicious customers in time? - How do you handle this in your daily operational business? Reduce your loss ratio by increasing the chances of detecting fraud and limit false positives to a minimum. Use automated fraud detection during the claims process to make an accurate and objective estimation of the risks related to a claim. It improves straight through processing (STP), and claims that need further attention will be recognized directly. ☆ Become and stay compliant ☆ Compliance concerns all insurance processes. Become and stay compliant with the latest legislation and regulations. Knowing and screening your customers will prevent reputational damage and avoids high penalties. Gain insight into Ultimate Beneficial Owners (UBOs). This will enhance the quality of your underwriting process. Furthermore, administrative burdens will be reduced to a minimum. FRISS is recognized by Gartner in 2014 as the European market leader and striving to become the global leader.

Each year, the healthcare insurance industry loses nearly half a trillion dollars due to Fraud, Waste and Abuse. With our state-of-the-art artificial intelligence solutions, fraud, waste and abuse are identified at source and inefficiencies are reduced across the board. KironAI is the most advanced and specialized AI solution in the healthcare insurance market, and our proprietary algorithms allow the platform to handle millions of complex claims with ease. By combining the techniques of AI and our extensive industry knowledge of medical claims data, Kirontech will change the way health insurance works for good. There is a growing consensus that AI technology has a vital role to play in the future of health insurance, in the elimination of fraud, waste and abuse, the streamlining and reinforcing of risk assessment processes, and in network optimization. But how? Kirontech works with extensive medical claims data, using machine learning AI to improve the bottom line of insurers, third party administrators and reinsurers, and increase quality of care through better monitoring and management of providers. KironAI uses dynamic “graph–based” learning, which means it discovers rules and patterns from within the data, rather than simply scanning for pre-specified ones; it observes, learns and adapts to new relevant patterns too complicated for the human eye to pick up. The system is ultra-fast and resilient, designed to learn even from scarce data. Kirontech is based in Cambridge, an internationally recognized technology hub. With a presence in London, the largest centre for underwriting commercial and specialty risk in the world, Kirontech is perfectly positioned to make use of its top technical and domain expertise to address the serious issues which impede the health insurance business today. But more than anything else, Kirontech is about its people. With its unique combination of skills and expertise, our team works to innovate the healthcare industry through the application of new technology that has already proved its value across many other domains.

AI Insurance builds artificial-intelligence backed software for running an insurance company. By introducing digital workflows and predictive analytics into the 300-year-old insurance space, AI Insurance is helping incumbent insurers run like InsurTechs.

Quantemplate enables business users to take raw data sources, cleanse and harmonise them with tools powered by machine learning, then perform analysis to develop competitive advantage through proprietary insights. Leading insurance businesses use Quantemplate to grow their business, collapse their costs and enable digital transformation. The company was recently named a European FinTech Top50 company and a Global InsurTech Top21.

BlockFrauds develops big data management software to simplify workflows and build business resilience. Its platform utilizes AI and machine learning that offers workflow automation, a single touchpoint data ecosystem, automated data collection, and personalized data insights. The company was founded in 2019 and is headquartered in London.

Stratyfy offers predictive model development and decision optimization solutions for financial institutions built around that deliver the accuracy of machine learning without black box pitfalls. In addition to cutting edge accuracy, all models built on the platform are truly transparent and explainable, allowing the lenders to make consistent, ethical and regulatory compliant data driven decisions. Stratyfy Solutions are powered by Smartificial Intelligence™, our proprietary explainable AI technology portfolio that combines AI with IQ to augment human expertise instead of trying to replace it with overly complex models. The transparency of our proprietary algorithms allows our solutions to address a range of important problems for financial institutions where machine learning has struggled to deliver value. Please contact us at info@stratyfy.com to learn more about our solutions and see the benefits they can deliver to your business.

Fraud keeper is a digital platform based on automation and machine learning that allows detecting, preventing, mitigating, and managing fraudulent transactions in the underwriting and claims processes. They provides SaaS platform, fast implementation, machine & deep learning, real time processing, minimal demand from your it team, external sources, business user friendly, secure, and return. They provides insurance solution for underwriting, fraud prevention, claims management, churn prediction, cross, up selling, docs and images automatic verification, identity validation, money laundering, car inspection, and damage detection.

Équité is a national not-for-profit organization that assists Canadian property and casualty insurers in addressing insurance fraud and crime. The association employs advanced analytics, intelligence methodologies, and coordinated investigations to address issues such as auto theft, staged collisions, and fraudulent claims. Through collaborations with law enforcement, regulatory bodies, and industry partners, Équité enhances cross-insurer investigations and asset recovery efforts. Initiatives like the ''Scams Leave Lasting Scars'' campaign aim to raise public awareness about the impacts of insurance fraud. The organization also monitors and reports on trends in insurance crime to inform stakeholders and support preventive measures.​

AI claims platform for health & life insurance

Sprout.ai, the advanced claims automation solution, harnesses the power of Contextual AI to revolutionise the insurance experience for global insurers and their consumers alike. The solution leverages proprietary Optical Character Recognition (OCR) and Natural Language Processing (NLP) technologies to deliver significantly reduced claim settlement times, increased fraud detection and industrial grade security to insurers. The solution is already deployed across three continents focusing on the property, motor and health insurance verticals. www.sprout.ai.

Alivia Analytics offers AI-driven payment integrity solutions for healthcare claim payers and processors. Leveraging machine learning and predictive modeling, Alivia’s solutions help public, private insurers and third-party administrators make quantum leaps in both process improvement and the scale of improper claim identification.

Using proprietary algorithms and proven AI, Carpe Data harnesses the power of emerging and alternative data for insurance carriers around the globe. Utilizing Carpe Data’s data, insurers gain deeper insight into risks and significantly enhance many aspects of the insurance life cycle, including underwriting, claims, and book assessment.

Developer of a fraud prevention platform designed to hunt down and prevent fraud. The company's product features include addiction prevention, healthcare fraud, national security, suicide prevention, worker's comp fraud, and more, thereby empowering its users through specialized AI and ML technology to identify difficult-to-find insights.

Developer of an insurance insights platform designed to detect cost and litigation propensity patterns in insurance claims. The company's platform offers a set of sophisticated claims optimization tools, including an artificial intelligence (AI) enabled chatbot providing recommendations and suggested actions, an alert system that identifies red flags and suspicious patterns by leveraging cognitive analysis, and a pre-litigation prediction tool that utilizes emotion and sentiment analysis, enabling clients to receive an unprecedented level of oversight, resulting in an improved loss ratio.

Blankfactor is a team of engineers, project managers, issue solvers & tech consultants committed to developing & innovating tech solutions.

Verikai is an insurance technology company. It leverages alternative data and machine learning to change the way the insurance industry views risk. Focused primarily on underwriting efficiency, Verikai provides insurance companies with risk reports to optimize the underwriting process. This greater insight helps increase new business, reduce losses, and ultimately provide consumers and businesses with greater access to a broader range of insurance products.

H2O.ai is an AI cloud company, on a mission to democratize AI for everyone. Customers use the H2O AI Hybrid Cloud platform to rapidly solve complex business problems and accelerate the discovery of new ideas. H2O.ai is the trusted AI partner to more than 20,000 global organizations, including AT&T, Allergan, Bon Secours Mercy Health, Capital One, Commonwealth Bank of Australia, GlaxoSmithKline, Hitachi, Kaiser Permanente, Procter & Gamble, PayPal, PwC, Reckitt, Unilever, and Walgreens, over half of the Fortune 500 and one million data scientists. Goldman Sachs, NVIDIA, and Wells Fargo are not only customers and partners, but strategic investors in the company. H2O.ai’s customers have honored the company with a Net Promoter Score (NPS) of 78— the highest in the industry based on breadth of technology and deep employee expertise. The world’s top 20 Kaggle Grandmasters (the community of best-in-the-world machine learning practitioners and data scientists) are employees of H2O.ai. A strong AI for Good ethos to make the world a better place and Responsible AI drive the company’s purpose. Please join our movement at www.H2O.ai.

Developer of AI-powered fraud detection and prevention solutions. Aquila serves businesses across industries with customizable platforms that automate fraud detection processes and offer data analytics and advanced reporting. The company's services include link analysis and predictive analytics to identify anomalous patterns and connections.

CLARA Analytics improves claims outcomes in commercial insurance with easy-to-use AI-based products. The company’s product suite applies image recognition, natural language processing, and other AI-based techniques to unlock insights from medical notes, bills and other documents surrounding a claim. CLARA’s predictive insight gives adjusters “AI superpowers” that help them reduce claim costs and optimize outcomes for the carrier, customer and claimant. CLARA’s customers include companies from the top 25 global insurance carriers to large third-party administrators and self-insured organizations.

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