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Israeli startup GEOX to assess damage to millions of Japanese buildings for insurance giant Sompo

The company’s AI technology for analyzing 3D aerial images will help the Japanese conglomerate to improve the accuracy of the risk assessment and underwriting processes

Japan's Sompo to use GeoX platform for property insurance

Sompo will use the Israeli company's technology to improve risk assessment and underwriting accuracy in property insurance.

Tech personalities of 2021

Sompo partners with AI insurtech to automate commercial insurance

The insurer expects its operation expenses to reduce dramatically through this partnership.

Japanese Insurance Giant Sompo Japan Selects Planck to Automate Commercial Insurance, Significantly Saving Insurer Operating Expenses

Breakout insurtech Planck has announced that it has signed an agreement with Sompo Japan, Japan’ s second largest insurance company, to provide underwriting insights and improved decision-making. While dozens of insurance companies in the United States, such as Attune, Chubb and Republic Indemnity, are already benefiting from Planck's solution, Sompo marks.