Zurich Insurance Group (Zurich)’s global startup programme seeks to find the most innovative startups and to collaborate with them on solutions tailored to the needs of customers and the insurance industry. This year, a record 3,500 entered the competition. Zurich has selected omni:us as one of 13 global winners.
It will join the other winners in a four-month accelerator programme with Zurich, where they will test the viability of their initiatives and benefit from financial and non-financial support, including coaching from Zurich executives, in addition to advice from internal and external topic expert.
“We are honoured that Zurich has recognised the great benefits which our AI-powered end-to-end claim automation solution, the Digital Claims Adjuster, can deliver to insurance companies and their customers,” said omni:us Chief Executive Officer Thomas Hauschild. “Zurich also recognised that our technology is scalable, and we know look forward to working with the Zurich team this year to demonstrate what value we can bring to their
customers.”
The AI-powered Digital Claims Adjuster solution demonstrated by omni:us seamlessly integrates end-to-end claims automation into existing insurance systems. The platform’s AI- powered claims decision-making technology not only reduces process costs by up to 35%, but also significantly improves customer satisfaction and efficiency.
“Through collaborating with startups, we continue to source the bold and forward-thinking ideas that are needed to create a real impact for our customers,” said Ericson Chan, Zurich Group Chief Information & Digital Officer. “With this year’s winning initiatives, we continue to push the boundaries of today’s insurance.”
Paolo Manero, Zurich Group Chief Strategy Officer, added: “In recent years, the insurtech market has bloomed and we see many opportunities to leverage those new ideas and technologies and embed them in the way we work. These initiatives tackle important areas where we believe embracing transformation is crucial for the future of insurance.
omni:us in the marketplace
omni:us is the leading provider of AI-powered end-2-end insurance claims automation. The omni:us Digital Claims Adjuster (DCA) enables seamlessly integrated E2E claims automation within legacy applications and existing insurance core systems, such as Guidewire, Sapiens & SAP. Integrated reference claims processes for P&C and Health, as well as a comprehensive AI-powered claims decision catalogue, help insurers reduce
process costs by up to 35 percent – while drastically increasing efficiency, speed of
settlement and customer satisfaction.
Launched in 2015, the company consists of 76 AI and insurance experts from more than 20 nations. As a thought leader with over 320 publications on the topics of computer vision, artificial intelligence, and deep learning, omni:us enables insurers to develop data-driven products and services and thus act even more effectively and customer-oriented.
Source: omni:us
