AI
Mea nelle notizie
Tecnologia

Rising Edge and mea have today announced that Rising Edge has deployed mea ingestion to automate submissions intake, strengthening its position as a global digital MGA.

The partnership will allow Rising Edge to accelerate their business and drive efficiencies with streamlined submissions processing, removing the need for underwriters and underwriting assistants to manually input submissions.

“We are impressed by the ability of the mea platform to accelerate our submissions processing through their ready to use solution” said Philippe Gouraud, Rising Edge’s CEO. “This is enhancing our proprietary digital operating platform. By further digitalising the underwriting information chain, we are able to further accelerate delivering our quotes to our brokers, in a very agile and efficient way.  This is a significant step in our tech & data strategy.”

Martin Henley, CEO at mea, commented, “Our technology has been designed specifically for the Insurance industry, helping solve the underlying industry problem with productivity. In a high-profile industry such as D&O insurance, ensuring that submissions are accurately and quickly processed is crucial. Currently, manual processes are holding the industry back. By utilising our platform and technological expertise, Rising Edge will free up valuable time and be able to focus on building their business.”

“We liked that there was little project effort to start using the mea solution, as it worked instantly. The team have worked together brilliantly to implement this solution which is helping our business to go from strength to strength” said Miles Murphy, Rising Edge COO and Finance Director.

Mea nelle notizie

London, 13th October: mea, the AI powered processing platform for insurers, has today announced the appointment of Lohitashwa Thyagaraj as their new CTO.

Lohit joins mea after more than a year of advising and supporting mea in its development. He has more than 20 years of IT experience across multiple domains, and currently holds 35 patents and 16 publications for inventions across multiple domains.

He joins mea from IBM, where he has spent the last 17 years, and was most recently Principal Architect and CTO for Kyndryl Private Cloud offering, leading the formation of a team, providing deep technical leadership, defining best practices, designing and implementing complex solutions across multiple cloud offerings and Hybrid Multi-Cloud engagements.

As CTO, he will oversee the growth of mea’s existing 4 modules and, working closely with experienced insurance experts within mea, will steer the development of new modules that will drive efficiency within insurance businesses.

Commenting on his new role with mea, Lohit said:

“I’m delighted to join the mea full time, having spent the last year supporting the company and seeing the innovative solutions they are creating. I can really see how we can use AI to make a big difference to the insurance industry and eliminate the cumbersome processes used by most participants. My experience and skills fall perfectly in line with mea’s ambitions to allow insurers the flexibility to scale capacity as needed, safely, securely and efficiently.”

Martin Henley, CEO of mea platform, commented:

“We are thrilled to welcome Lohit onto the mea team. Insurance is an industry locked in its own past, and Lohit’s technical expertise will help us on our mission to help insurance teleport into a lucrative future by automating the manual processes holding insurance business underwriters back. His passion for innovation will continue to drive efficiency and growth among our clients.”