Pand.ai, known for providing AI solutions to financial institutions, has officially announced the launch of a new company called Pangentic. This new venture focuses specifically on the insurance technology sector, aiming to leverage AI to enhance various aspects of the insurance industry.
The leadership at Pangentic includes former MariBank CEO, who brings valuable experience from the banking sector to this new role. This combination of expertise in finance and technology positions Pangentic to develop innovative solutions tailored for insurance providers.
Pangentic plans to utilize artificial intelligence to streamline operations and improve customer experiences within the insurance space. By focusing on automating certain processes and offering data-driven insights, the company hopes to address key challenges faced by traditional insurers.
This announcement may have implications for insurance companies looking to modernize their operations through technology. Existing players in the market will need to stay agile and aware of the solutions that Pangentic could introduce, especially as AI continues to reshape how various industries operate.
As the insurance sector gradually embraces AI technologies, Pangentic's introduction could signal a shift towards more innovative, efficient practices. While it remains to be seen how the company will differentiate itself, the backing of experienced professionals suggests a thoughtful approach to market needs.
Original Source: https://fintechnews.sg/119077/ai/pand-ai-pangentic/