Sector
Fintech & InsurtechInsurtech
Target Customer
Financial ServicesFinancial InstitutionsRegulationFinancial ProductsInsuranceHealthcare & Life SciencesHealthcareInsurance Companies
Core Technology
Artificial IntelligenceMachine LearningDeep LearningData StorageCloudPlatforms & InterfacesSoftwareAPI
Tags (13)
legaltechbig-datapersonalizationmachine-learningrisk-managementinsurance-companiesbig-data-analyticspredictive-analyticscustomer-engagementartificial-intelligencefinancial-institutionshealthcare-providersinsurtech
Facio News
1 article
New Self-learning Algorithm "Facio" Immunizes Against Insurance Disruptors
Facio Ltd, an insurance BigData start-up, has released its self-learning algorithm metrics that outperform any other technology in calculating insurance. Over 100 insurance carriers have engaged with Facio to compete with Lemonades artificial intelligence technology. Facios algorithm achieved a superhuman performance level of insurance predictive capabilities and underwritten insurance policies in less than an hour. Facio offers an end-to-end insurance SaaS starting at $1 per policy, potentially allowing companies like State Farm to offer smart insurance products and cut expenses by more than 90%. The article highlights the impact of Facios technology on the insurance industry and the potential for significant growth.
CustomersInvestment
Facio Team
Liav Geffen
Co-founder & Chairman
Founder
Uriel Aharoni
Co-founder & CEO
Founder
Employee Info
| Employees (range) | 1-10 |
| Exact count | 3 |
| Team members | 2 |
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