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Expert.ai Recognized Among Top InsurTech Companies in New Report by CNBC

4 September 2024

The inaugural report features the top 150 organizations shaping the future of the insurance industry, selected globally by Statista out of more than 1,000 eligible companies firms.

Expert.ai, the industry leader in providing AI-powered language solutions to enterprises, has been named in the “World’s Top InsurTech Companies 2024” report. The report, compiled by CNBC and market research firm Statista, recognizes the top 150 insurtech organizations shaping the future of the insurance industry across multiple categories, such as claims and fraud management, digital insurers, underwriting and risk analysis.

With AI-enabled enterprise solutions purpose-built to deliver tangible value along underwriting and claims processes (P&C, life, workers compensation, pet, etc.), expert.ai has been selected in the “Underwriting & Risk Analysis” category, which identifies companies that use data analytics, machine learning, large language models, generative AI and other technologies to streamline underwriting, improve risk assessment accuracy and enhance decision making.

“We’re honored to be recognized by CNBC and Statista as one of the world’s top insurtech companies,” said Umberto Pardi, SVP EMEA, expert.ai. “Despite the hype around the potential of AI and Generative AI within enterprise organizations, we deliver practical solutions that generate real business results. Our deep industry expertise and commitment to innovation enable us to provide cost-effective, high-impact tools that enhance even the most complex use cases, driving tangible value for our customers.”

To select the top companies from around the world, CNBC partnered with Statista, where a team of analysts examined more than 1,000 eligible companies across 10,000 data points and other KPIs, between March and May 2024.

The report can be viewed on the CNBC website: https://www.cnbc.com/the-worlds-top-150-insurtech-companies-2024/