Sompo , a top Brazilian insurer, has partnered with Palantir Technologies Inc. (NYSE: PLTR) to enhance its digital transformation. The multi-year investment will implement Palantir’s Foundry and Artificial Intelligence Platform (AIP) to improve decision-making in pricing, underwriting, and risk management . This collaboration aims to boost efficiency and response times for customers and partners. The partnership builds on Palantir’s existing relationship with Sompo Holdings in Japan. Marine Insurance , where Sompo leads the Brazilian market, is the first segment to integrate the software into pricing processes. The implementation involves smart models that interpret documents and propose values based on historical pricing and risk factors. This marks Palantir’s first partnership in the Brazilian insurance sector, reflecting its growing presence in the country. The collaboration underscores Sompo’s commitment to leveraging Data Analytics and AI for strategic insights and improved decision-making across the organization. Positive Partnership with Palantir to enhance digital transformation and AI capabilities Implementation of Palantir Foundry and AIP to improve pricing, underwriting, and risk management Expected efficiency gains and faster response times for customers and partners Integration of smart models in Marine Insurance pricing processes Potential for improved decision-making and competitive advantage in the Brazilian market Negative None. Sompo’s […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
