Accenture, by means of its enterprise capital arm Accenture Ventures, has invested in UK-based insurtech start-up Rehuman to enhance buyer engagement within the insurance coverage sector.
This funding goals to assist insurance coverage firms leverage information and AI to reinforce personalised buyer interactions, thereby selling stronger buyer relationships.
Accenture’s monetary help will permit Rehuman to increase its operations and combine AI additional into insurer and dealer programs.
Rehuman can even take part in Accenture Ventures’ Venture Highlight programme designed to help information and AI start-ups with Accenture’s trade experience and shopper community.
Accenture Insurance coverage trade group lead Khalid Lahraoui stated: “Insurance coverage firms right now want digital instruments that don’t simply inform however genuinely empower policyholders.
“Our funding in Rehuman’s AI-powered pockets goes past digital comfort – it transforms how insurers and brokers have interaction with policyholders, creating extra seamless, personalised and significant experiences.”
Rehuman gives an AI-driven platform and digital pockets for brokers to bolster shopper relations and buyer loyalty.
The platform supplies automated notifications on renewals, coverage lapses and customised insurance coverage recommendation, serving to brokers preserve buyer engagement and retention charges.
Policyholders can use Rehuman’s digital pockets to handle and securely retailer insurance coverage insurance policies corresponding to auto, well being and life in a single place.
The platform employs superior AI to interpret complicated protection particulars, establish protection gaps and evaluate completely different insurance coverage choices.
Rehuman founder and CEO Aaron Sherwood stated: “The Rehuman digital pockets is only the start of our greater imaginative and prescient to empower brokers, managing common brokers (MGAs), insurance coverage and bancassurance firms with an actual aggressive benefit.
“Powered by a customized AI mannequin, we’re giving them the power to show buyer engagement into enterprise income.”
Accenture is knowledgeable providers firm supporting companies, governments and organisations in constructing digital infrastructure and optimising operations.
With round 779,000 staff in additional than 120 international locations, Accenture focuses on know-how, cloud, information and AI to ship trade expertise and experience.