Numerati Partners invited NavVid to present at the Second InsurTech Alliance (ITA) Science & Engineering Expo

Ashish Y.February 26, 20205 min

NavVid was one of three firms invited to present technology offerings at the InsurTech Alliance (ITA) Science & Engineering Expo (Expo), co-hosted by Numerati Partners on January 30, 2020, in New York City

NavVid was one of 3 companies invited to present technology offerings at the ITA (InsurTech Alliance) Science & Engineering Expo, co-hosted by Numerati Partners on Jan. 30, 2020, in New York City. The InsurTech Alliance is a collaboration between Numerati Partners, a New York-based data analytics and technology enablement company, which seeks to foster the next generation of data-intensive risk and liability management enterprises in risk technology (RiskTech), and leading worldwide reinsurance broker Guy Carpenter & Company, a founder of the InsurTech Alliance. In collaboration with Numerati Partners, Guy Carpenter expands its insurance technology (InsurTech) offering through the ITA, in order to serve client needs for engagement with the dynamic, rapidly evolving InsurTech sector. fintech news

NavVid, which offers an automotive telematics risk-safety software application, was one of the three technology offerings with which Numerati® Partners conducted a deep-dive Proof-of-Concept (PoC) technical assessment and proposed for further engagement with Guy Carpenter, the ITA, and the broader insurance and reinsurance sector. The NavVid app uses smartphones as dashcams to provide safety feedback and video to fleet operators, ride-share companies, individuals and autonomous vehicles, in order to promote safe driving.

Constantine Mittendorf, Co-Founder of NavVid, presented a deep dive demo of the product, and then participated, with representatives from two other Numerati Partners PoC Cohort companies in a Question & Answers session about the unique experience of participating in a Numerati Partners Proof-of-Concept, in addition to a prospective pilot discussion.

Constantine Mittendorf, NavVid Co-Founder said that “Working with Numerati Partners has been incredibly helpful. Their rigorous process included testing NavVid with commercial vehicles, trucks, bicycles, boats, cars, and even on race tracks and high-speed trains. Given their technical expertise and insurance industry experience, we were able to clear our product on the basis of their feedback. Further, they’ve introduced us to insurance companies looking for a product like NavVid. We are looking forward to working with them in the future.”

The second Expo highlights the completion of Numerati Partner’s first cycle with the InsurTech Alliance, in addition to the concurrently ongoing second cycle. Numerati Partners during the first cycle conducted five deep-dive technical assessments Proofs-of-Concept (PoCs) of emerging technology offerings, performed research on other 60 technology offerings, and developed quarterly bootcamps consist of hands-on scientific and technical demonstrations, presentations and exhibits.

The Numerati Partners bootcamps, including substantive interactive presentations focusing on automotive telematics, Internet-of-Things (IoT) and cybersecurity, were designed in conjunction with scientists, engineers and technologists enlisted from the Numerati Partners ecosystem of technical experts at the forefront of their respective fields involving those associated with RiskEcon Lab @ Courant Institute of Mathematical Sciences, NYU.

Ashish Y.

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