The role of AI in commercial insurance
One of the definitions of Artificial Intelligence provided by Forbes is “A branch of computer science dealing with the simulation of intelligent behavior in computers.” We believe that the combination of AI with commercial underwriting models can get incredible results, that is why today we would like to talk about the role of AI in Commercial Insurance. New […]
Wenalyze wins the Capital4Startups Pitch Day by Startup Valencia
Best Growth Startup Wenalyze wins the Capital4Startups Pitch Day by Startup Valencia as Best Growth Startup. The event organized by Startup Valencia aims to expose entrepreneurial talent to the local, national, and international investment community, promote contact between both groups for potential investment, commercial or strategic agreements and empower the startups that participated at the […]
INFINITECH interviewed Carlos Albo, CEO Wenalyze
Wenalyze is part of the H2020 Project INFINITECH, a project with the goal of joint effort of global leaders in ICT and finance towards lowering the barriers for BigData/IoT/AI driven innovation, boosting regulatory compliance and stimulating additional investments. For this reason, Infinitech interviewed us. As part of this consortium, our CEO Carlos Albo had an […]
Why do we need a technological transformation inside the insurance sector
The insurance sector is known for its invariable services. Since its origins, it has been always offering the same: insurance products that satisfied certain needs. But, what about now? As we have already discussed in previous entries, we are living in the digital era but, to which extent do we need to apply the technological transformation inside the insurance sector? Today we will […]
What are the drivers of change inside the Insurance Sector?
The clients became digital, that means, they use technology in/for all different types of sectors. This fact makes them become more demanding when searching for the more adequate insurance product for their necessities. Also, as we already talked about, the new clients are used to fast, easy and innovative products. This is the reason why the insurance sector must […]
Trends in the insurance sector
As we highlighted already in previous posts, we are walking towards a hyper-digitalized world in which environments of volatility, uncertainty, complexity and ambiguity (VUCA) lead the way. And unfortunately, those who do not get adapted to the changes, end up being forgotten. For this reason, today we are sharing with you 7 trends in the […]
We discussed about the insurance sector of the future in “El Mundo Que Viene”
“El mundo que viene” was organized by Banco Sabadell and Startup Valencia for Hub Empresas. On April 20th, Carlos Albo (CEO and founder at Wenalyze) participated in the monthly virtual event “El mundo que viene”, organized by BStartup of Banco Sabadell and Startup Valencia for Hub Empresa. In this case, the event was focused on […]
How can Open Data help commercial insurers improve their loss ratio?
During the last 3-4 years we have seen emerging data analytics startups in all industries including the insurance sector. Data analytics departments have been created or received investment and we have no doubt about the power of data. Quality and origin of the data are the most basic aspects to consider when working with any […]
Wenalyze will participate at Commercial Lines Innovation USA
Roger Ferrandis, our COO and co-founder of Wenalyze will be participating at Commercial Lines Innovation USA Virtual (May 18 – 20) along with 1000+ attendees, 40+ speakers and 12+ hours of content (all available live and on demand). This event means a great opportunity to hear top-level commercial insurance experts debate how to kickstart digital […]
5 Benefits of the implementation of Insurtech
The fourth industrial revolution is here. Thanks to the constant development of Artificial Intelligence, new business models have been developing during the last years. Inside of the insurance sector, a sector that is well-known by its more traditional methods, this revolution comes from the hand of Insurtech, the technology that is designed to increase the efficiency and efficacy of […]
