Sompo partners Palantir for AI-driven digital transformation

These technologies are expected to deliver efficiency gains and improve response times for Sompo’s customers and partners. Credit: T. Schneider/Shutterstock. Sompo has joined forces with Palantir Technologies , focusing on implementation of artificial intelligence (AI) solutions to accelerate digital transformation. This collaboration will see the insurer invest in a data integration and AI solution over the coming three years, aiming to enhance decision-making processes in pricing, underwriting, and risk management. Under the partnership with Palantir, Palantir Foundry and Palantir’s Artificial Intelligence Platform (AIP) will be integrated into the insurer’s operations. These technologies are expected to deliver efficiency gains and improve response times for Sompo’s customers and partners. The use of data analytics and AI is central to Sompo’s strategy, with the aim of developing intelligent assistants to enhance pricing accuracy and operational efficiency, benefiting both the insurer and its clients. Sompo’s marine insurance unit in Brazil is already using the Palantir software. How well do you really know your competitors? Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge. Company Profile – free sample Not ready to buy yet? Download a free sample We are confident about the unique […]

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