ADVANTAGEGO AND MEA PLATFORM ANNOUNCE ECOSYSTEM ALLIANCE
London, 16 January 2024 – AdvantageGo, a leading commercial insurance and reinsurance software provider and part of Coforge, today announced a strategic alliance with mea platform, a leading AI-powered processing provider for insurance companies.
The latest of several ecosystem alliances, mea intelligently deploys technology, including AI, to quickly solve problems for (re)insurers, brokers and MGAs. An innovative insurtech provider, mea’s software automatically extracts risk data from submission documents without any need for AI training or implementation effort, offering an instant solution and immediate value.
The AdvantageGo Ecosystem offers insurers the choice of leading technology providers through a single source to accelerate digitisation. The ecosystem delivers a comprehensive technology proposition through a single source to accelerate and digitise operations.
“I am very pleased to announce this alliance with such an innovative partner as mea. This latest collaboration is great news for our clients as the AdvantageGo Ecosystem continues to expand, to the market’s benefit,” commented Ian Summers, Global Business Leader, AdvantageGo.
“The mea solution provides seamless, instant, data extraction from submissions documents, utilising their pre trained AI tooling” Summers said.
“This alliance provides clients with the ability to access new data and insights and fresh capabilities faster. Clients can benefit by leveraging the ecosystem’s innovative model of a single service provider relationship to manage in an otherwise fragmented insurtech landscape,” Summers added.
Graeme Asquith, UK Managing Director, mea, commented: “I’m very pleased to join forces with the AdvantageGo Ecosystem so that our companies can collaborate to the benefit of the insurance market,”
“Our software, called ‘ora’ provides increased levels of automation for core business processes, helping make those processes more intuitive, and immediately freeing up staff to focus on providing competitive edge,” Asquith added.
AdvantageGo helps insurance companies to look from an increasingly precarious future back to today. The difference is clarity. And profit. By bringing the future more efficiently and effectively into the present, we position insurers´ profits at the heart of their business – today, not tomorrow. Our pioneering platform and 25 years of experience mean AdvantageGo offers insurers the IT agility they need to create an intelligent digital strategy.
Learn more at www.advantagego.com
Coforge is a global digital services and solutions provider, that leverages emerging technologies and deep domain expertise to deliver real-world business impact for its clients. A focus on very select industries, a detailed understanding of the underlying processes of those industries, and partnerships with leading platforms provide us with a distinct perspective. Coforge leads with its product engineering approach and leverages Cloud, Data, Integration, and Automation technologies to transform client businesses into intelligent, high-growth enterprises. Coforge’s proprietary platforms power critical business processes across its core verticals. The firm has a presence in 21 countries with 25 delivery centers across nine countries.
Learn more at www.coforge.com
mea is an AI powered enterprise platform that makes insurance easier. Its intelligent platform takes the effort out of essential processes so insurers, brokers, MGAs can focus on their competitive edge.
Designed for insurers by insurers, mea automates critical activities, boosting productivity, protecting combined ratios and margins. mea’s ora can be immediately applied and rapidly scaled to provide insurers, brokers and MGAs with the right data, in the right format, at the right time.
By making critical insurance processes more intuitive, mea reduces operating costs and increases the top line. Built by a team of insurance veterans and technology talent, mea solves industry problems, freeing insurers, brokers and MGAs to focus on building their businesses.
+44 (0) 7478466318