NEW YORK CITY (September 8, 2021) - Montoux, the Decision Science platform for life and health insurers, is recognized in the AIFinTech100 by a panel of industry experts and analysts. FinTech Global’s AIFinTech100 recognizes ‘The world’s most innovative companies developing AI technologies in Financial Services that every financial institution needs to know about in 2021.’
Montoux's Decision Science platform bridges the gap between data and the people who make decisions, enabling life and health insurers to combine clear, granular data insights with human experience to make the decision best aligned with company specific strategy and objectives, short- and long-term.
“We’re thrilled to be recognized as one of the world’s leading AI-based companies providing solutions for the Financial Services industry,” says Montoux CEO, Geoff Keast. “Having come from banking, and seeing the way AI technologies transformed that industry, I’m excited to see the insurance industry change in a similar way. Today, more and more life and health insurers are working with AI-based solution providers like Montoux to become leaner, smarter, and more geared towards modern customers.”
The platform combines cutting edge AI and ML technologies, actuarial science, data science, and cloud scalability. It allows insurance executives to analyze a wide variety of data sources to explore the possibilities, opportunities, and trade-offs of different outcomes while leveraging both data science and an actuarial perspective which is unique to the life and health industry.
FinTech Global director Richard Sachar says, "Now, more than ever, established financial institutions need to be aware of the latest AI and data analytics technology innovations in the market to ensure they deliver competitive financial products and reach new customers.”
"The AIFinTech100 list helps senior management filter through all the solution providers in the market by highlighting the most innovative artificial intelligence companies in areas such as Insurance, Banking, Investment & Trading, Lending, Customer Experience, Compliance and Fraud Prevention,” he adds.