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German Insurtech omni:us Joins Forces With Rokk3r to Enter Latin American Insurance Market

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omni:us, an insurance-focused artificial intelligence (AI) solution business based in Germany, announced this week it has joined forces with Rokk3r, a global innovation technology and consulting company, to enter the Latin American insurance market. As previously reported, omni:us is an Artificial Intelligence as a Service (AIaaS) provider for cognitive claims management. The company revealed:

“Built on a fully data-driven approach, omni:us is transforming the way insurers interact with their insured parties. It provides all the necessary tools and information to make fast, transparent and empathetic claims decisions, whilst improving operational efficiency and reducing loss adjustment expenses.”

Through the partnership, Rokk3r and omni:us will help insurers with the following:

  • Enabling clean data at the start of the claims process by automating document intake
  • Reducing manual efforts related to data-intense tasks
  • Empowering core business with decision support and insights

Speaking about the partnership, Rupin Mago, VP of North America at omni:us, stated:

“We value the agility and entrepreneurial flair of Rokk3r, and we are convinced it will help omni:us to build scale as we enter the Latin American insurance market, as well as accelerating our planned growth in North America.”

The partnership with Rokk3r comes just a couple of months after omni:us secured $13 million through its Series A investment round, which was led by CommerzVentures with participation from Viola FinTech and Uniqa Ventures. The company also received a €1.6 million grant from the EU Commission’s European Innovation Council late last year. 

Source: https://www.crowdfundinsider.com/2020/05/161236-german-insurtech-omnius-joins-forces-with-rokk3r-to-enter-latin-american-insurance-market/

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