Numerati® Partners Co-Hosts the Second InsurTech Alliance (ITA) Science & Engineering Expo
"The 2020 InsurTech Alliance Science & Engineering Expo demonstrates our ongoing commitment to advancement at the leading edge of rigorous, substantive, science-based, industry-focused innovation which are relevant across the global insurance and reinsurance sector. We are pleased to continue our collaboration with Guy Carpenter via the
The second ITA Science & Engineering Expo (Expo) marks the completion of Numerati® Partners' first cycle with the ITA, in addition to the concurrently ongoing second cycle. During the first cycle, Numerati® Partners conducted five deep-dive technical assessments -- Proofs-of-Concept (PoCs) -- of emerging technology offerings, and performed research on another 60 technology offerings, created quarterly bootcamps comprised of hands-on technical and scientific demonstrations, presentations and exhibits for ITA Founders and Subscribers.
These bootcamps, including substantive interactive presentations focusing on automotive telematics, Internet-of-Things (IoT) and cybersecurity, were designed in conjunction with scientists, engineers and technologists enlisted from the Numerati® Partners ecosystem of technical experts at the leading edge of their respective fields including those associated with RiskEcon® Lab @
The Expo showcased the following three technology offerings with whom Numerati® Partners conducted a deep-dive technical assessment and has proposed for further engagement with Guy Carpenter, the ITA, and the broader insurance and reinsurance sectors:
- Geospatial Insight: global satellite imagery analytics,
- NavVid: an automotive telematics risk-safety software application, and
- Talespin: an extended reality (XR) platform for workforce knowledge transfer and skill alignment.
"Prudent adoption and responsible deployment of technology by insurers and reinsurers require ongoing commitment to technical assessment by specialists and functional testing by experts at a fundamental level, as a foundation for reliable insurance and reinsurance innovation," said
"Challenges and disruption from evolving technology have been facing the insurance business since the use of fire marks. The Expo and its
"The ITA Science & Engineering Expo, curated by Numerati® Partners and co-hosted by Guy Carpenter, is part of a scientific and engineering program designed to help insurers better understand technologies that are transforming the way insurance is and will be provided. As the 21st Century unfolds, having access to scientific and engineering expertise will be the difference between success and failure," said
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