Breaking #AI #Stock News:
FatBrain (OTC: $LZGI) Acquires Intellagents, Delivering Innovative and
Easy-to-Use AI Solutions Across The #Insurance Ecosystem; @Fatbrainai
#Artificialintelligence
Intellagents
quickly and securely digitizes connections across businesses, brokers and
insurers, and software providers, leveraging AI to score risk, maximize
protection to deliver "real change and innovation" to the insurance
sector.
NEW
YORK - September 14, 2022 (Investorideas.com Newswire) FatBrain AI (LZG
International Inc.; OTC:
LZGI), the leader in powerful and easy-to-use artificial
intelligence (AI) solutions for start-up and mid-market businesses (SMEs), has
acquired Intellagents,
an innovative insuretech platform.
Read this news,
featuring LZGI in full at https://www.investorideas.com/CO/LZGI/news/2022/09141Acquires-Intellagents.asp
FatBrain
acquires Intellagents, launches peer intelligence service for real change &
innovation in the insurance sector.
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.
"We
are excited to welcome Intellagents into the FatBrain family," said Peter
B. Ritz, co-founder and CEO of FatBrain AI. "Intellagents SaaS offers
powerful, easy-to-use automation to accelerate Peer Intelligence growth for all
participants connecting the insurance supply chain. Adding one connection per
week to the insurance knowledge market, Intellagents SaaS accelerates the pace
of innovation and improvement. Each such connection means actionable insights
for tens of millions of businesses, hundreds of thousands of agents, many
thousands of insurers and insuretechs."
Intellagents
unifies an insurance-specific integration and API management marketplace with
connectors to more than 60 insurance capabilities orchestrated within minutes
into unique solutions. It enables insurers and brokers to rapidly realize
improvements and efficiencies across multiple domains, including: client
engagement; channel optimization; risk selection, pricing, and fraud
mitigation; product speed to market; and "Book of Business'' acquisitions.
"Our
clients join 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. "No
single insurer, broker or software company can solve the challenges of the
insurance industry alone. The power of many "best-in-class" insurance
capabilities connecting together, each continuously learning to improve
individual performance, expands the overall insurance knowledge marketplace.
The latest advances in AI 2.0 technologies coupled with the burgeoning data
availability accelerate this realization."
Intellagents
solutions are SOX, GDPR and HIPAA compliant and capable of passing any
compliance exam from insurers.
"We've
seen peer data turbo-charge the market in life insurance and annuities,"
said Shawn R. Carey, chief operating officer at FatBrain AI and co-founder,
CTO-emeritus at iPipeline, a Roper Technologies, Inc. (NYSE: ROP) company.
"Contributory peer insights powered by AI promise to accelerate growth
beyond what we realized at iPipeline. With Intellagents ecosystem,
connectivity, marketplace, team and technology we're starting on 3rd base."
"Our
mission at FatBrain AI is to equip entrepreneurs and mid-market businesses with
simple to use AI solutions that will help them reclaim time, save money and
boost their bottom lines," said Rajarshi Das, chief scientific officer at
FatBrain AI. "Intellagents and FatBrain AI are united in this mission and
eager to support the global community of businesses, brokers and
insurers."
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
FatBrain AI (LZG International, Inc.):
FatBrain
AI (LZG International, Inc.; OTC: LZGI) 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.
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
SOURCE
FatBrain
Disclaimer/Disclosure: Investorideas.com
is a digital publisher of third party sourced news, articles and equity
research as well as creates original content, including video, interviews and
articles. Original content created by investorideas is protected by copyright
laws other than syndication rights. Our site does not make recommendations for
purchases or sale of stocks, services or products. Nothing on our sites should
be construed as an offer or solicitation to buy or sell products or securities.
All investing involves risk and possible losses. This site is currently
compensated for news publication and distribution, social media and marketing,
content creation and more. Disclosure. LZG International Inc is a paid featured AI stock: news
and social media publishing. More
details
Contact
management and IR of each company directly regarding specific questions.
More disclaimer
info: https://www.investorideas.com/About/Disclaimer.asp Learn
more about publishing your news release and our other news services on the
Investorideas.com newswire https://www.investorideas.com/News-Upload/ and
tickertagstocknews.com
Global
investors must adhere to regulations of each country. Please read
Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
LZG International, Inc. (OTC: LZGI) is a featured AI Technology stock
on Investorideas.com
TechSectorStocks.com - investing ideas in tech stocks-
mobile payments, social media, AI and Robotics, Drone Stocks, GPS, Internet of
Things (IoT)
Like Tech Stocks? View our
