Intellect Design Arena Ltd.

BSE: 538835 | NSE: INTELLECT
Small Cap | IT - Software
1020.70
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Foresight inks deal with Intellect Design Arena for IntellectAI products

Date: 25-10-2022

Foresight, the tech-enabled Workers Compensation MGU, has inked deal with Intellect Design Arena to use of Intellect’s AI-powered and full suite of underwriting platform. The use of the IntellectAI products (Magic Submission, Risk Analyst and Xponent) will enable Foresight to intelligently automate the quote intake process, and leverage data for submission prioritization and risk selection.

By selecting IntellectAI’s underwriting platform, Foresight can continue to support their mission of preventing workplace accidents and reducing claims through best-in-class workers’ compensation insurance, powered by data-driven safety engagement technology.

Intellect Design Arena, a global leader when it comes to applying true digital technology, is the world’s first financial tech company that covers the entire spectrum of banking and insurance needs with its wide suite of products.