Simplifai, a firm specialising in AI-powered solutions, has been recognised for demonstrating the most strategic impact in the insurance industry.
The company was awarded the Diamond Award at this year’s ITC DIA Europe event in Amsterdam.
This accolade was given for their collaborative work with Van Ameyde, a global claims and risk management company, during a Deep Dive session titled “Leveraging Generative AI in Claims”.
The presentation showcased how intelligent automation and generative AI can revolutionise claims processing.
Marco Valkenburg, a Van Ameyde veteran of over 20 years, remarked, “We do not claim the Diamond Award for ourselves, but, rather, for our clients. The strategic impact that we presented is the action that we take and the lengths that we reach to ensure that we consistently provide our clients with the best possible services by keeping up industry trends and embedding state of the art technology in our processes.”
The presentation highlighted the seamless integration of Simplifai’s AI capabilities with Van Ameyde’s existing claims handling platform, ECHO. By leveraging AI, the collaboration aims to enhance the speed and accuracy of claims processing, setting a new benchmark in the industry.
Simplifai, known for its AI Automation solutions, has developed InsuranceGPT, an advanced tool designed to streamline and optimizs the claims process.
The combination of Van Ameyde’s robust platform and Simplifai’s cutting-edge AI technology promises a transformative approach to handling claims, ensuring faster resolutions and improved customer satisfaction.
Erik Leung, Chief Product Officer and Co-Founder at Simplifai, emphasized the significance of this collaboration, “We aimed to provide users at ITC DIA with a new way of processing claims. With our two solutions working together; Van Ameyde’s claims handling platform, ECHO, and our InsuranceGPT, this acknowledgement is special to us both.”
The recognition by industry professionals at the ITC DIA Europe event underscores the importance of innovation and technological advancement in the insurance sector.
Simplifai and Van Ameyde’s collaborative effort exemplifies how embracing AI and automation can lead to substantial strategic benefits, ultimately enhancing service delivery and operational efficiency.
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