Members directory

Cyence

Cyence empowers the insurance industry to understand the impact of cyber risk in the context of dollars and probabilities. Cyence?s unique approach combines economic/risk modeling, cybersecurity and big data analytics to create an economic cyber risk modeling platform. Cyence Platform and analytics are leveraged by leaders across the insurance industry to help understand and manage cyber risk as well as to roll out new transformative insurance products. Cyence is located in Silicon Valley and its investors include New Enterprise Associates, Institutional Venture Partners, and Dowling Capital Partners, spanning both Silicon Valley and the insurance industry. To learn more about Cyence, please visit our website

Fitsense

Lifestyle and wellbeing is at the core of every human's health, happiness and productivity. Today's technology has given us an incredible opportunity to leverage lifestyle and wellbeing data for engaging and educating in a digitally-enhanced environment. ? FitSense has mastered this digitally-enhanced environment for you and built a wellbeing ecosystem. A seamless, educational and engaging experience. We help and encourage people to adopt healthy habits and improve their health and wellbeing.

Friss

FRISS is 100% focused on automated fraud and risk detection for P&C insurance companies worldwide. The AI-powered detection solutions for underwriting, claims and SIU help 175+ insurers grow their business. FRISS detects fraud, mitigates risks and supports digital transformation. Insurers go live within 4 months, realize up to 10 times ROI and 80% increase in straight through processing of policy application and claims. FRISS solutions help lower loss ratios, enable profitable portfolio growth, and improve the customer experience. The real time FRISS Score is the core of our solutions and indicates the risk for each policy or claim. The AI-powered score combines Text Mining, Machine Learning, Predictive Models and Network Analysis with Expert Business Knowledge out of 15+ years of insurance experience, your specific business configuration, proprietary data and external data sources. It provides you a white box, holistic view on fraud and risks, which delivers you actionable insights so you stay in control.

Goqii

GOQii is headquartered in California with offices in Mumbai and Shenzhen. It is dedicated to enabling a permanent shift to a healthier lifestyle with the combination of advanced wearable technology, the world?s leading experts, coaches and karma. GOQii focuses on sustained engagement & goal reinforcement and offers a complete ecosystem as a single integrated solution, which is a powerful combination of technology and human connection. GOQii is a collaboration of some of the world?s leading experts and an amazing management team who are driven by a passion for healthy sustainable living, and who believe that all of us contain boundless potential. GOQii?s goal is to enable millions of people across the world to ?be the force? by helping them unleash their untapped potential.

H2O.ai

H2O.ai is the open source leader in AI and automatic machine learning with Driverless AI. Its mission is to democratize AI for all. H2O.ai is transforming the use of AI with software with its category-creating visionary open source machine learning platform, H2O. More than 18,000 companies use open-source H2O in mission-critical use cases for Finance, Insurance, Healthcare, Retail, Telco, Sales, and Marketing. H2O.ai launched Driverless AI that uses AI to do AI in order to provide an easier, faster and effective means of implementing data science. H2O.ai partners with leading technology companies such as NVIDIA, IBM, Intel, AWS, Azure and Google and is proud of its growing customer base which includes Capital One, Progressive Insurance, Comcast, Walgreens and PayPal.

HyperScience

Hyperscience is a technology company blazing a new path in enterprise automation with a reimagined approach to building and powering processes. The Hyperscience Platform is the world?s first Software-Defined, Input-to-Outcome Automation platform used by the global 2000s and government organizations around the world to build and run mission-critical processes with ease and speed. Hyperscience helps enterprises quickly build and roll out new business processes with built-in automations, reduce manual errors, increase high and low-skill employees productivity, and eliminate the need for costly transformation. Hyperscience Intelligent Document Processing solution has been implemented at some of the world?s leading financial services, insurance, healthcare and government organizations, including TD Ameritrade, QBE Insurance Group Limited and Voya Financial, helping them lower costs, reduce error rates by 67% and increase employee capacity by 10x.

Lapetus Solutions

Lapetus Solutions, Inc. (LSI) is an Artificial Intelligence (AI) company that leverages world renowned scientist and technologist to partner and develop products and services that is revolutionizing the prediction of life events. By combining biodemography, dynamic questioning, and facial analytics, while harnessing the power of cloud computing, our scientific approach delivers faster, more accurate results in real time.

Lemonade

Lemonade Insurance Company is a licensed insurance carrier, offering homeowners and renters insurance powered by artificial intelligence and behavioral economics. By replacing brokers and bureaucracy with bots and machine learning, Lemonade promises zero paperwork and instant everything. And as a Certified B-Corp, where underwriting profits go to nonprofits, Lemonade is remaking insurance as a social good, rather than a necessary evil.

Mendix

Mendix, a Siemens business and the global leader in enterprise low-code, is fundamentally reinventing the way applications are built in the digital enterprise. With the Mendix platform, enterprises can ?Make with More,? by broadening an enterprise?s development capability to conquer the software development bottleneck; ?Make it Smart,? by making apps with rich native experiences that are intelligent, proactive, and contextual; and ?Make at Scale,? to modernize core systems and build large app portfolios to keep pace with business growth.

Metromile

Metromile is the leading pay-per-mile car insurance company in the U.S. Recognized by Forrester as a top insurance carrier in user experience, it is creating a loyal community of drivers with personalized insurance that is customized to each driver to be more affordable. Powered by machine learning and customer-centric design, Metromile is at the forefront of disrupting a $280 billion personal auto insurance industry that has gone unchanged for decades. Through Metromile Enterprise, our software-as-a-service business group, we license our proprietary artificial intelligence claims platform to automate claims, reduce losses associated with fraud, and unlock the productivity of insurance carriers' employees so they can work on higher-impact experiences. We're a diverse team that combines Silicon Valley's best technologists with veterans from Fortune 500 insurers and financial service institutions. This approach ensures that we're as equally focused on loss ratios, unit economics and profitability as on customer experience and technology innovation. Metromile has raised $293 million in private funding and is backed by top-tier Silicon Valley investors, including First Round Capital, Index Ventures, NEA and others, as well as the top property and casualty insurers around the world, such as Intact Ventures, Tokio Marine and others.

Neos

Neos partners with leading insurance businesses around the globe to bring their smart property insurance strategy to life.

Nuxeo

Nuxeo, maker of the leading, cloud-native content services platform, is reinventing enterprise content and digital asset management. Nuxeo is fundamentally changing how people work with both data and content to realize new value from digital information. Its cloud-native, hyper-scalable content services platform has been deployed by large enterprises, mid-sized businesses and government agencies worldwide.

Octo Telematics

Octo is the #1 global provider of telematics and data analytics solutions for the auto insurance industry. Founded in 2002, we invented the insurance telematics industry. Today, we are the largest and most experienced insurance telematics company in the world, providing actionable intelligence to 100+ industry partners. We have 5,6 million connected users and the largest global database of telematics data, with more than 228 billion miles of driving data collected and over 456,000 crashes and insurance events analysed (as of 31.12.18). Auto insurance premiums have historically been based on specific static risk category indicators such as age, vehicle type and crash history, rather than actual driving behaviour. This significantly constrains an insurer?s ability to correctly assess risk and accurately price premiums. As the data revolution gathers pace and as data analytics become critical to the success of many companies, traditional approaches to insurance are falling short. Octo collects contextual driver and vehicle data and applies proprietary algorithms to transform it into actionable intelligence, informing solutions that benefit both auto insurers and policyholders. Octo?s insurance partners are able to drive innovation and improve their loss ratio by up to 20% through more accurate pricing of risk, more efficient crash and claims processes, and deepened customer relationships. Policyholders benefit from personalised insurance premiums that can be 30% lower than a standardised bill, improved claims management, and access to services that provide an enhanced driving experience.

Shift Technology

Shift Technology provides insurance companies with an innovative SaaS solution to improve and scale fraud detection and claims handling. The analyses performed by Shift are fast and thorough, quantitative and qualitative. Its efficient algorithms are tailored to reproduce fraud handlers'? deductive reasoning, making investigations quicker and easier than ever.

Tractable

Tractable develops artificial intelligence for accident and disaster recovery. We are on a journey to help the world recover faster from accidents and disasters that affect hundreds of millions of lives, from car accidents and burst piping, to full-scale floods and hurricanes. Accident and disaster recovery starts with visual damage appraisal: assess the damage, calculate the cost, unlock the funds and rebuild. However, the first stage of assessing the problem can take days to weeks. Our belief is that when accidents and disasters hit, the response could be 10 times faster, thanks to AI. We are starting with motor damage. 100 million car claims happen every year globally. Our AI assesses damage to any car, whether in Europe, North America or Asia, and we work with the world's leading insurers in over 10 countries across the world, including Tokio Marine in Japan, Ageas in the UK, Cov?a in France, and Talanx-Warta in Poland. Founded in 2014, Tractable has a world-class research and development team with over 30 years of combined research experience, and its solution is built on five years of dedicated research and development work undertaken by a team of Oxford/Cambridge-trained researchers. Tractable has raised $55m from Georgian Partners, Insight Partners and other top-tier investors, and the company is based in London, with offices in New York City and Tokyo.

Vitality

We?re here to help you live a longer, healthier and more financially secure life. Our positively different health insurance, life insurance and investments reward you for being healthy. By incentivising you to take a more active role in managing your own wellness, you can develop positive long-term lifestyle and financial habits that are good for you, good for us and good for society. That?s why more than a million Vitality members (as at June 2018) are now enjoying better health, better protection and better financial security, living the life they want.

Zego

Welcome to Zego, where insurance makes sense. The problem with traditional insurance is that it holds businesses back, but it's an essential. It's time consuming and too expensive. We think that's wrong, so we are changing it. Designed for the way businesses want insurance to work, our products save time and money. This clears the path for businesses to focus on what really matters, unlocking their full potential.

Zendrive

Zendrive is leading the evolution of safety in an era of transportation innovation and mobile ubiquity. We've measured and analyzed 185-billion miles of driving data and are using it to better predict risk, reduce collisions, and save lives and money. Our transportation system is evolving. Car ownership in urban centers is peaking and consumers are increasingly choosing on-demand and shared ride services over driving themselves. At the same time, commercial and on-demand fleets are becoming increasingly reliant on mobile technology, and autonomous cars are making the move from science fiction to reality. As miles driven shift away from personal vehicles to commercial or shared fleets, a new framework is required for addressing safety. Through our product suite, we leverage mobile sensor data to provide actionable insights that improve safety for all road users worldwide.