Accenture, by way of its enterprise capital arm Accenture Ventures, has invested in UK-based insurtech start-up Rehuman to enhance buyer engagement within the insurance coverage sector.
This funding goals to assist insurance coverage firms leverage information and AI to boost personalised buyer interactions, thereby selling stronger buyer relationships.
Accenture’s monetary assist will enable Rehuman to broaden its operations and combine AI additional into insurer and dealer methods.
Rehuman will even take part in Accenture Ventures’ Venture Highlight programme designed to assist information and AI start-ups with Accenture’s business experience and consumer community.
Accenture Insurance coverage business group lead Khalid Lahraoui mentioned: “Insurance coverage firms right now want digital instruments that don’t simply inform however genuinely empower policyholders.
“Our funding in Rehuman’s AI-powered pockets goes past digital comfort – it transforms how insurers and brokers have interaction with policyholders, creating extra seamless, personalised and significant experiences.”
Rehuman gives an AI-driven platform and digital pockets for brokers to bolster consumer relations and buyer loyalty.
The platform offers automated notifications on renewals, coverage lapses and customised insurance coverage recommendation, serving to brokers keep buyer engagement and retention charges.
Policyholders can use Rehuman’s digital pockets to handle and securely retailer insurance coverage insurance policies akin to auto, well being and life in a single place.
The platform employs superior AI to interpret complicated protection particulars, determine protection gaps and evaluate completely different insurance coverage choices.
Rehuman founder and CEO Aaron Sherwood mentioned: “The Rehuman digital pockets is just the start of our greater imaginative and prescient to empower brokers, managing basic brokers (MGAs), insurance coverage and bancassurance firms with an actual aggressive benefit.
“Powered by a customized AI mannequin, we’re giving them the flexibility to show buyer engagement into enterprise income.”
Accenture is knowledgeable companies firm supporting companies, governments and organisations in constructing digital infrastructure and optimising operations.
With round 779,000 workers in additional than 120 international locations, Accenture focuses on expertise, cloud, information and AI to ship business expertise and experience.
