FINGERMOTION, INC. FILES (8-K) Disclosing Regulation FD Disclosure, Financial Statements and Exhibits
Item 7.01 Regulation FD Disclosure
On
a news release to announce that its subsidiary,
Technology Co., Ltd.
reinsurer, have set the stage for extension of their ongoing behavioral research
and analytic studies into commercial implementation in the
a proprietary behavior intelligence system developed by "Sapientus", the
analytic innovation development arm of
bring forward their jointly developed model algorithms and analytic insights for
productionized applications and wider market adoption.
Continuing from our initial collaboration, this subsequent step marks the
beginning of a journey towards commercial realization of our joint research and
data intelligence, leveraging Munich Re's insurance expertise and industry
experience, coupled with Sapientus' proprietary analytic approach and behavioral
indicators. Following months of research and calibration of our datasets and
models, we are ready to put into practice our behavioral rating services driven
by new insights derived from emerging sources of information and advanced
analytical techniques for enhancing the predictability of insured behaviors and
risk propensities.
The analytic system we have built together could catalyze numerous benefits for
the industry. We are guided by our commitment in pushing forward a more
efficient and intelligent insurance business model through finer delineation of
customer profiles and risk groupings, as well as smarter claims and fraud
management solutions. Our collaborative exploration to date and progressing
undertakings will commercially enable a wide array of value enhancing
initiatives and competitive advantages across the chain - improving underwriting
excellence, preferred risk selection and new product innovations, just to name a
few.
"We are launching a behavioral rating services platform with
Sapientus following our initial collaborative research study. Leveraging our
joint data resources and analytic expertise, we will continue to expand our data
inventories and finesse the model algorithms. We look to apply what we have
learned through our behavioral research and analysis to practical use for the
benefit of our clients and insurance consumers in the
Zhao
"We are excited to walk together with Munich Re in driving commercial
application of our work", said
news reinforces a longer-term strategic mission to reinvent the way our partners
provide insurance to customers in the future. We cannot stress more on
addressing consumer demands for a more convenient insurance experience through
analytic innovation. With this collaboration, we are well on our way towards
realizing this common goal with our insurer partners in the near future."
A copy of the news release is attached as Exhibit 99.1 hereto.
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Item 9.01 Financial Statements and Exhibits
(d) Exhibits Exhibit Description 99.1 News Release datedDecember 9, 2022 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document) - 2 -
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