AI partnership ‘looks like the beginning of a beautiful friendship’

AI partnership ‘looks like the beginning of a beautiful friendship’ Like Fred and Ginger or Woody and Buzz – some duos simply fit. And that’s how a new partnership between insurance giant Munich Re North America Life and EvolutionIQ is playing out.  The insurance sector may lack glittering dance floors and animated toy chests for […]

5 Things that Shot Us onto Inc. Magazine’s ‘Best Workplaces’ List

Who ya gonna call? If you’re ready to apply cutting edge tech to the most challenging problems, the answer is EvolutionIQ – pictured above at our Puerto Rico 2022 offsite! We’re honored that Inc. magazine just named EvolutionIQ to its prestigious “Best Workplaces 2022” list. The judges took a comprehensive measurement of American companies with […]

Media Round-up: Deep Learning AI and the Transformation of Insurance Claims

Our news about $21 million in Series A funding sparked coverage across an array of publications specializing in insurance, technology, and venture capital investments. The financial experts such as Wall Street Journal Pro VC, Fortune Term Sheet, Pitchbook, Fintech Global and more focused on the substantial dollar amount, market timing, and key players involved, such […]

Human in the Loop AI’ for Claims Guidance

With the news of our Series A funding, a spotlight is being thrown on how EvolutionIQ isn’t just building new tools or a better mousetrap – but is instead creating an entirely new technology category. As VentureBeat underscored: “EvolutionIQ has developed what it calls the first human-in-the-loop artificial intelligence (AI) claims guidance technology for the […]

TechCrunch: ‘EvolutionIQ secures $21M to streamline insurance claims processing with AI’

A key factor driving EvolutionIQ’s successful Series A funding is that the insurance industry is in the midst of a dramatic, once-in-a-generation change in how it manages claims. It’s all about applying artificial intelligence to drive actionable insights. As TechCrunch reports: “Informed by its predictive algorithms, EvolutionIQ spotlights dozens of claims from tens of thousands […]

Why We Chose to Harness the Power of AI for Insurance

Why We Chose to Harness the Power of AI for Insurance Insurance is a product that everyone in the world needs. In reality, it’s actually pretty simple: Insurance is the service of transferring the risk of an unbearable financial outcome away from you to an entity that can withstand it at a fair price. This […]

How Machine Learning Solves ‘Impossibly Hard’ Big Data Insurance Problems

In an in-depth interview with Carrier Management, Tomas Vykruta, co-founder and CEO of EvolutionIQ, explains how we’re bringing machine learning approaches to formerly intractable big data problems in claims management. We’ve pulled out some highlights below – or you can link to the full article here. Insurers have massive data problems, but they’re tackling these […]

How Modern Carriers Are Radically Transforming Their Traditional Adjustment Methodology

How Modern Carriers Are Radically Transforming Their Traditional Adjustment Methodology Insurance claims management is drowning in the quantity and complexity of data involved with each claim, as many last for years and are filled with hundreds of pages of both structured and unstructured data. The result is costly – and it’s priming the insurance industry […]

5 Takeaways from InsureTech Connect 2021

InsureTech Connect 2021 Crowd

This year’s InsureTech Connect (ITC) included almost 6,000 attendees representing 300 companies who gathered for the annual conference that unites entrepreneurs, investors, and insurance executives. EvolutionIQ returned to the expo hall as an event sponsor to feature client work in Disability and P&C. We also solicited feedback from industry professionals on the precision claim adjustment […]

IBM, Cognizant & EvolutionIQ Discuss Claims AI

This week, our Head of Sales, Andrew Naoum sat down with Meera Krishnamurthy, Global Head of Insurance at Cognizant, Annap Derebail, Global Insurance Industry CTO at IBM and Head of Research at 11:FS and host of the Insurtech Insider Podcast Sarah Kocianski to discuss the developments around AI in claims organizations. Listen to the group […]