(Image source: Omniscience homepage.)
“An entirely new business model is needed for the insurance industry, which faces challenges and stresses from more directions than ever before,” comments Pallavi Ramnarain, VP, Business Development & Strategy, Omniscience. “The ability to use, verify, and manipulate every piece of information digitally is an important element of Computational Insurance.”
The Omniscience AI being used by the newly announced Sompo Himawari Linkx Health Tri service provides the ability to retrieve Japanese language health screening data from images, giving Sompo Himawari a way to better understand its customers, according to an Omniscience statement. This Omniscience capability complements a systematic suite of what the company calls Computational Insurance products and technologies that it is currently launching.