Announcement: Specialized AI fund CuriosityVC becomes a strategic investor at Onesurance

Announcement: Specialized AI fund CuriosityVC becomes a strategic investor at Onesurance

Announcement: Specialized AI fund CuriosityVC becomes a strategic investor at Onesurance

Jan 31, 2024

Onesurance announces partnership with Insurance Data

Insurance Data and Onesurance are proud to announce a strategic partnership, combining their unique strengths to dramatically transform the use of data in the insurance market. This marks a new phase of advancement in the industry.

As a leading expert in streamlining, integrating, and visualizing insurance data, Insurance Data has built an impressive track record in advanced Business Intelligence. Complementing this, Onesurance's team of experienced AI engineers has developed a cutting-edge AI Engine. This modular design is specifically tailored for insurers, delegated authorities, and intermediaries, providing advanced churn predictions or highly accurate AI underwriting for business risks.
 
Jack Vos: “This collaboration enhances our market impact as we serve the same select clientele.”
 
Lex De Bruijn: “This alliance not only offers more visibility but also allows us to add direct value for our clients.”
 
The urgency to utilize data and AI on critical themes such as active customer management, efficient workflows, scalable growth, and compliance is driven by consolidation with ever-growing portfolios on one hand and an increasing scarcity of qualified staff on the other. Because intensive development of the AI Engine has been underway behind the scenes for over 12 months by the data experts from both companies, a rapid time-to-value for clients can now be realized.
 
In the insurance world, timing is crucial. The AI Engine addresses this issue while maintaining accuracy and customer focus, keeping you one step ahead of the competition.
An example is the generic M&A module, where portfolio valuations are predicted using algorithms. Detailed information about this will be shared within two weeks.
 
To quickly meet the growing market demand, Frank Rensen (RGA) has been appointed as an experienced insurance expert. He is a well-known figure in the market. Both companies are maintaining full legal and economic autonomy alongside this collaboration.

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©2024 Onesurance B.V.

©2024 Onesurance B.V.

©2024 Onesurance B.V.