So proud and humbled to be recognized in the famous #InsurTech100 2024 list of the most innovative #insurtech companies for the third consecutive time 🎉 🏅 🌟 Why have we made the ranking among more than 2,000 nominations? 👉 Our #IDP solution SemanticPro extracts terms and conditions from complex insurance policies with over 90% accuracy and achieves a 94% success rate in identifying the optimal product based on multiple variables. 👉 We improve the efficiency of processes that are difficult to automate because they involve complex, lengthy documents from various sources and specific insurance jargon. 👉 The transformation of such processes creates long-term value for insurance carriers, as it helps shorten the response time to customer inquiries, improve productivity, and prevent losses due to underwriting errors. Read more about the InsurTech100 list and the reasons for Cortical.io's recognition in our announcement 👇
Cortical.io
IT und Services
Cortical.io delivers highly efficient AI-based solutions that help enterprises unlock the value of unstructured text.
Info
Cortical.io delivers highly efficient AI-based solutions that help enterprises unlock the value of unstructured text by leveraging a game-changing approach to Natural Language Understanding (NLU). Cortical.io SemanticPro is an intelligent document processing solution that accurately extracts, analyzes and classifies information based on meaning and builds the basis for document workflow automation. With more than 10 years expertise in implementing NLU solutions in the enterprise, Cortical.io has demonstrated its ability to solve the challenges of language ambiguity and variability across many use cases and verticals for Fortune 500 companies.
- Website
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https://www.cortical.io
Externer Link zu Cortical.io
- Branche
- IT und Services
- Größe
- 11–50 Beschäftigte
- Hauptsitz
- Vienna
- Art
- Privatunternehmen
- Gegründet
- 2011
- Spezialgebiete
- Semantic Fingerprints, Enterprise Search, Classification, Streaming Text Filter, Keyword extraction, Natural Language Processing, Word disambiguation, Semantic Processing, Text Analytics, Cognitive Computing, Machine Intelligence, Contract Analysis, Customer Support, Semantic Search, Natural Language Understanding und Intelligent Document Processing
Orte
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Primär
Mariahilferstrasse 4
Vienna, 1070, AT
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135 W 41st St
New York, US
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100 Tamal Vista
Suite 200
Corte Madera, CA 94925, US
Beschäftigte von Cortical.io
Updates
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Cortical.io hat dies direkt geteilt
🇦🇹 Autriche : un écosystème d’innovation dynamique pour les startups Hub naturel vers le marché DACH (Allemagne, Autriche, Suisse) et l’Europe centrale et orientale, l’Autriche offre un cadre avantageux pour les entrepreneurs de la deeptech et l’IA. Les startups françaises peuvent s’appuyer sur une communauté importante sur place, fédérée par le groupe French Startups Vienna ainsi que de l’accompagnement de l’ABA-INVEST in AUSTRIA.🤝 🔎 Décryptage avec Marie-Pierre Garnier, VP Marketing et Communication de Cortical.io, Chloé Plédel, responsable des affaires européennes et réglementaires du Hub FranceIA et Matthias Grabner, Chief Partnership Officer de l’initiative AI Austria. — En partenariat avec Austrian Business Agency Verena Gruber NXAI
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Well, well... Executing in-house #AI projects is not getting simpler nowadays, as this conceptual framework proposed by analyst firm Gartner demonstrates!
New GenAI foundation models are released every two and a half days, yet nearly half of CIOs report that AI hasn't met ROI expectations. Navigate this dichotomy by determining your organization’s AI pace — and taking the right next steps: https://gtnr.it/4gnUIJk 💡 Follow Gartner for IT for more actionable, objective insight. #GartnerIT #GenAI #CIO #Technology
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Mailroom automation reduces turnaround times in customer service centers, enabling companies to better handle peak seasons and employee leaves, while improving customer satisfaction. ⭐ See how our SemanticPro solution helped a utility company improved their turnaround times by 80% in this case study 👇 #mailroomautomation #emailprocessing #customercenter #customerservice #customersupport #crm
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Crafting the best possible prompts to generate accurate #JSON responses from #LLM without eating up one's budget is a science... Our colleague Richard Sufliarsky shares some insights about this topic in this article 👇
Subjective LLM evaluation for JSON output
Richard Sufliarsky auf LinkedIn
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Many insurance companies want to improve operational efficiency with #AI without knowing where to start 🤷♂️🤷♀️. Identifying the right business case and the best technology to solve it are an absolute must to avoid wasting time and money with AI. Download this white paper to investigate 4 concrete examples of AI applications that helped #insurance carriers enhance speed, accuracy and efficiency in a short timeframe and within a transparent budget 🚀 #AIEfficiency #ROI #Innovation #DigitalTransformation #Insurtech
White Paper 4 Insurance Case Studies with AI
https://www.cortical.io
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Der Messekongress #IT für #Versicherungen in Leipzig hat angefangen! Wie treibt man die operative Effizienz von Versicherungen mit #KI und #Automatisierung? Was sind die besten Voraussetzungen, um ein KI-Projekt innerhalb von festgelegten Fristen und fixen Budgets zum Erfolg zu bringen? Thomas Eichinger freut sich über den Austausch beim Versicherungsforen Leipzig GmbH!
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What are the critical challenges faced by insurers? What makes our solution one of the best on the market to address these challenges? How are we already helping day after day insurance carriers improve operational efficiency, better mitigate risks and grow revenues? 👁️🗨️ Watch the pitch (in English) of Sylvia Selwood, VP Customer Relations at Cortical.io: https://lnkd.in/epX9QQ8Q #AI #Insurance #Innovation #DigitalTransformation #NLProc
[#ACAInnovationAward 🚀] Découvrez le pitch de la startup Cortical.io lors de l’ACA Innovation Award 2024 ! Grâce à sa solution : SemanticPro, basée sur l'IA extrait, analyse et classe les informations en fonction de leur signification. Cortical.io permet aux assureurs de simplifier et d'accélérer le traitement des documents, réduisant les erreurs et améliorant l'efficacité opérationnelle. 🫱🏻🫲🏼 Lors de l’évènement, Cortical.io a fait équipe avec ses mentors : Johannes Dietrich et Alberto Marandola. 👉 Visionnez leur pitch ici : https://lnkd.in/epX9QQ8Q #Innovation #Insurance #Insurtech #Digitaltransformation #Customerexperience #AI #regulation Foyer Group | Barents Re | LALUX Assurances | Lombard International Group | SOGELIFE S.A. | PwC Luxembourg | LuxProvide | SOPIAD | CALI Europe (Crédit Agricole Life Insurance Europe) | Monument Assurance Luxembourg | KPMG Luxembourg | EY | Cardif Lux Vie | CAMCA Assurance S.A. | AG2R LA MONDIALE Épargne patrimoniale | VITIS LIFE S.A. | Convex Insurance | Hiscox | LUXHUB | Proximus NXT