Pentation, which offers analytics software,is working to secure a pilot project with one company and completing a second with another,which it hopes will translate into its first U.S. revenue.
Pentation Analytics had nominated their proprietary platform (Insurance Analytics Suite)that provides self-service analytics for insurers and intermediaries, enabling digital dealership via machine learning, computer vision, and more.The key parameters used to judge the entry were business impact, scalability, robustness, societal impact, and market potential.
With an interactive and innovative user-flow in place, the new version of Insurance Analytics Suite is especially developed with the business user as the end consumer. The aim is to shift the onus from the business analysts to the business owners, who are by default better suited to make the most out of the business analytics processes.
Pentation Analytics has launched the all-new version of its proprietary analytics platform Insurance Analytics Suite™. Aimed for the ease of business users in the insurance industry, the new version of the Suite has got a series of updates across functionalities, UI or workflow or consumption of output which the Suite generates.
Insurance Analytics Suite® has been designed to address the core problem faced by insurers and intermediaries around the globe - realizing maximizing value of their customers.
Insurance Analytics Suite™ enables insurance organizations mitigate customer attrition with risk insights - risk scores for retention and cross-sell based on industry-level Machine Learning models, each at the level of every customer and each policy.
The new version comes with three layers - Insurance Data Model, Machine Learning Scoring Engine and Use-Cases. This layered format ensures that Insurance Analytics Suite takes care of everything from data management, risk insights, to planning monitoring and execution all at one place.
The Suite now follows a sequential workflow that navigates the end-user right from data handling to customer-level intelligence to actions, as well as modify this intelligence for more specific actions.
Along with large-scale and transformative investments in their front-office capabilities, insurers are turning their attention to underwriting.
The annual magazine showcasing Connecticut's many economic development opportunities, and the attributes that make Connecticut a special place to work, live and play.
CTNext spent some time with Pentation Analytics to understand the drivers behind the decision to relocate and aspirations for the future.
Aimed for the ease of business users in the insurance industry, the updated version of the Suite has got a series of whole new updates, be it terms of functionalities, UI or workflow or consumption of output which the Suite generates.
Pentation Analytics being one of the startups announced relocating to Hartford; two more hope to build teams here and several said they've vastly changed their businesses based on their time in the accelerator.
Owing to Insurance Analytics Suite that provides risk of renewals scores and cross-sell scores based on Machine Learning predictive models to help insurers maximize customer value through retention and cross-sales, Pentation Analytics was featured under the "Customer Intelligence" bracket of Insurtechs
India's select 40 startups have left for Silicon Valley to meet the biggies in the tech space. The week-long programme starting from April 30 will include conference and networking sessions, as well as, investor connect and accelerator visit.
At least three participants (including Pentation Analytics) have launched operations in the city due to their involvement in the accelerator.
The startup is currently solidifying two pilots with Connecticut-based carriers and is establishing an office in Hartford.
The InsurTech Accelerator, part of Hartford InsurTech Hub powered by Startupbootcamp InsurTech, hosted its first Demo Day at The Bushnell Theatre, in Hartford, Connecticut. Pentation Analytics, being a part of the cohort, presented Insurance Analytics Suite before a hall full of investors, insurers, mentors, and experts from the global insurance technology community.
While analytics has touched upon every field, Pentation Analytics, a 2015 founded startup, as an InsurTech is providing state-of-the art analytics applications to the insurance industry.
Pentation Analytics, a Mumbai-based firm, marked a breakthrough selection among the Top 10 InsurTechs for Hartford Insurtech Hub's inaugural 'InsurTech Accelerator' Program. The selection was among a stupendous 4000 applicant companies across 96 countries.
Pentation Analytics, a Mumbai based Big Data & Analytics Company announced the launch of its process automation & predictive intelligence enabled product for Insurance Companies and Intermediaries.Insurance Analytics Suite is an analytics solution for Life, P&C, Health and motor insurance.
Pentation Analytics Partner Program enables organisations to offer the company's product - Insurance Analytics Suite, to their clients.
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