Breaking #AI
#Stock News: Intellagents, a FatBrain AI (OTCQB: $LZGI) Company, Announces
Hiring of Insurtech Industry Veteran as Chief Revenue Officer; @Fatbrainai #artificialintelligence
NEW
YORK, NY - November 2, 2022 (Investorideas.com Newswire) FatBrain AI (LZG
International, Inc.) (OTCQB: LZGI), the leader in powerful and
easy-to-use artificial intelligence (AI) solutions for star enterprises of
tomorrow, announces the hiring of Euan King, an experienced and respected
Insurtech industry leader as Chief Revenue Officer for insurance technology-focused
subsidiary Intellagents.
Read
this news, featuring LZGI in full at https://www.investorideas.com/CO/LZGI/news/2022/11021Intellagents-Chief-Revenue-Officer.asp
King
will be responsible for leading Intellagents in its next phase of growth and
oversee all sales, strategic partnership efforts and customer experience.
For
nearly 40 years King has worked in technology, primarily insurance software and
services. He has extensive leadership experience working for global
organizations including IBM (NYSE: IBM),
the Innovation Group, Instanda US, and most recently Sapiens Americas (NASDAQ: SPNS) where he was Chief Business Officer
responsible for the growth and expansion of the Americas organization. He is
also a board member of Charlee.ai, an AI platform providing deep insights and
predictions into claims.
King's
career spans sales, marketing, business development, professional services,
operations and executive management together with the experience of working in
the US, Canada, UK, Europe and South Africa.
"The
Intellagents platform enables our clients to access a comprehensive ecosystem
enabling rapid innovation and growth with a simple, self-service experience to
harness the power of data and AI," said Mark Stender, CEO and co-founder
of Intellagents. "With Euan's network and experience, we'll bring the
power of many 'best-in-class' insurance capabilities connected together, each
continuously learning to improve individual performance, to the overall
insurance marketplace."
"I
am highly energized to join Intellagents and return to the cutting edge of
Insurtech enabling the gap between the disparate parts of the insurance value
chain to be bridged using our cloud platform" said Euan King.
"The
FatBrain and Intellagents combination empowers businesses, brokers and insurers
to leverage Peer Intelligence technologies to optimize transactions, score
risk, enhance productivity and simplify actionable insights for everyone across
the insurance supply chain creating never-seen-before opportunities for
growth," said Shawn Carey, chief operating officer at FatBrain AI and
co-founder, CTO-emeritus at iPipeline, a Roper Technologies, Inc. (NYSE: ROP) company.
"We
are excited to welcome Euan into the family," said Peter B. Ritz,
co-founder and CEO of FatBrain. "With his network and experience, we'll
bring Intellagents innovations and powerful automation to advance dynamic peer
intelligence networks, currently only used by large industry leaders, to many
more businesses across the board, leveling the technology playing field."
This
release does not constitute an offer to sell or a solicitation of offers to buy
any securities of any entity. This release contains certain forward-looking
statements based on our current expectations, forecasts and assumptions that
involve risks and uncertainties. Forward-looking statements in this release are
based on information available to us as of the date hereof. Our actual results
may differ materially from those stated or implied in such forward-looking
statements, due to risks and uncertainties associated with our business, which
include the risk factors disclosed in our Form 10-K filed with the Securities
and Exchange Commission on September 13, 2022. Forward-looking statements include
statements regarding our expectations, beliefs, intentions, or strategies
regarding the future and can be identified by forward-looking words such as
"anticipate," "believe," "could,"
"estimate," "expect," "intend," "may,"
"should," and "would" or similar words. All forecasts
provided by management in this release are based on information available at
this time and management expects that internal projections and expectations may
change over time. In addition, the forecasts are based entirely on management's
best estimate of our future financial performance given our current contracts,
current backlog of opportunities and conversations with new and existing
customers about our products and services. We assume no obligation to update
the information included in this press release, whether as a result of new
information, future events or otherwise.
About LZG International, Inc. (FatBrain AI)
(OTCQB:LZGI): FatBrain AI provides powerful and
easy-to-use AI solutions to empower the star enterprises of tomorrow (aka
mSMEs) to grow, innovate, and drive the majority of the global economy.
FatBrain's AI 2.0 technologies and advanced data services transform continuous
learning, narrative reasoning, cloud and blockchain technologies into
auditable, explainable and easy to integrate AI solutions. FatBrain's
subscription model allows all companies to deploy its advanced AI solutions
quickly and easily, securely utilizing them on premises behind their firewalls
or via cloud. FatBrain's global footprint includes design and development
centers in the US, India, Kazakhstan and the UK.
For
more information, please visit: https://www.fatbrain.ai
About Intellagents, LLC:
Intellagents,
LLC was formed in 2018 and has been solving insurers challenges in production
flawlessly since 2019. Intellagents was founded on the principle that digital
transformation requires significant improvements to an insurer's systems
portfolio and that many gaps will need to be filled with AI and new innovations
created by 3rd parties. Intellagents has built over 60+ connectors using unique
integration and automation technologies to improve speed, personalization and
agility.
For
more information, please visit: https://www.Intellagents.com
Media Inquiries:
Dennis
Carey
dennis.carey@fatbrain.ai
SOURCE:
FatBrain AI
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