Cohort: Cohort 2, 2019
Focus in insurance value chain/workflow: Point of underwriting I Claims
Founded: 2012
Status: Operating, still in insurance
Company type: Data transformation
Head office: United Kingdom
Main global offices: United Kingdom
Locations served: Global
Employee count: 1-10
Retechnica is an artificial intelligence company, its product Ingenia helps companies automatically extract and analyse information from their documents, helping them to automate manual processes and to extract insights from large amounts of content.
Primary way aimed to improve insurance processes and tools whilst in the Accelerator: Improving policy and claims admin I Improving UW tools and processes I Enhancing back-end data efficiencies I Improving claims process
During its time in the Lab, Retechnica made contact with several insurance businesses and had in-depth conversations with some to support Retechnica’s go-to-market strategy in insurance.
"It was a pleasure to participate in the Lloyd's Lab. It enabled Retechnica, an AI solution provider, to get in-depth exposure to key actors in the insurance market, leading us to the development of highly innovative and relevant solutions."Marco Lannone, Founder and Chief Executive Officer
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