Investment: Three Companies Buy a Slice of Omniscience

Omniscience today announced that both RGAX, LLC and Guardian Life Insurance Company of America have made equity investments in the company. Omniscience’s breakthrough computing platform and artificial intelligence (AI) are assets for these investors and the insurance industry.

“Machine learning and AI have the promise to solve many insurance industry challenges,” shares Chandra Reddy, Head of Japan, RGAX. “Through the Omniscience platform, we are currently working to solve some of those challenges in Asia.”

Omniscience offers a platform for processing all the data presented in a problem set rather than just basing analysis on approximations.  When this unique capability is combined with Omniscience AI technology and applications, insurance customers can transform their business more rapidly by speeding and automating risk decisions, deploying capital more efficiently, and finding new business opportunities that have previously been overlooked.

For more information, please let me know or see

About alastair walker 11354 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

Be the first to comment

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.