Elevator Pitch
Insurers drive their artificial intelligence transformation and we are their co-pilot thanks to our Max-ICS platform.
We combine remote sensing data and computer vision techniques to generate analytics that can be used in the whole insurance value chain. We co-create Artificial Intelligence models with our early adopters:
- For underwriting: use of imagery datasets to automate the detection structural elements of buildings for past claims explanation
- For pricing: integrate derivated metrics into a vulnerability model for ratemaking and accumulation control
- For claims: use change detection pre/post disasters from different image sources for a first claim triage
Problem Solved
SoRisk3 enables regulated entities to divide their Risk Management and Compliance costs (Advisory, Calculation, Data, Reporting):
- by up to 10
- by exploiting smart technologies
- and by fulfilling with their legal requirements.
Solution / Technology
SoRisk3 is the cloud-based solution indexed on smart technologies: altogether APIs, Blockchain, and Machine Learning.
Competitive
1) Team expertise in:
- Quantitative Risk Management
- Qualitative Risk Management
- Compliance
- Smart technologies
2) Complementarity between the “SaaS business” and the “advisory business” in regulatory risk management & compliance
3) Close collaboration with academic areas, with a focus on R&D backing our proprietary algorithms in risk & compliance
4) Custom-made and affordable solutions
Market Size
>653 M€ only in Luxembourg
Relevant Links
https://sorisk3.com
