Talespin 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. The ITA is a collaboration between Numerati® Partners, a New York-based data analytics and technology enablement firm, which seeks to foster the next generation of data-intensive risk and liability management enterprises in risk technology (RiskTech), and leading global reinsurance broker Guy Carpenter & Company, LLC, a founder of the ITA. 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.
Talespin, which is building an XR (virtual, augmented, and mixed reality) platform that will power knowledge transfer and skill alignment for the future of employment, 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. Talespin combines expertise in immersive technology development, learning design, user experience, and artificial intelligence (AI) to enable enterprises to build a more collaborative, inclusive, and productive future of work.
Eli Weisman, Talespin Chief Client & Growth Officer, presented a deep dive demo of their offerings, and then participated, with representatives from two other Numerati® Partners PoC Cohort firms in a Q&A session about the unique experience of participating in a Numerati® Partners PoC, in addition to a prospective pilot discussion.
“Emerging technologies like extended reality and AI are transforming how we work, and as a result, we need to rethink employee training and reskilling solutions,” said Stephen Fromkin, Chief Content Officer at Talespin. “We built our platform with this in mind, so employees in the insurance space can develop their skills before facing a challenging situation in real life, like investigating property damage in a home or navigating conversations with customers. Exposing our platform and use cases to the critical evaluation of industry professionals such as Numerati® Partners, Guy Carpenter, and the ITA continues to validate our progress.”
The second Expo highlights the completion of Numerati® Partners’ first cycle with the ITA, in addition to the concurrently ongoing second cycle. During the first cycle, Numerati® Partners conducted five deep-dive technical assessments — Proofs-of-Concept (PoCs) — of emerging technology offerings, performed research on another 60 technology offerings, and created quarterly bootcamps comprised of hands-on technical and scientific 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 leading edge of their respective fields including those associated with RiskEcon® Lab @ Courant Institute of Mathematical Sciences NYU.
“The 2020 InsurTech Alliance Science & Engineering Expo demonstrates our ongoing commitment to advancement at the leading edge of rigorous, substantive, science-based, and industry-focused innovation which is relevant across the global insurance and reinsurance sector. We are pleased to continue our collaboration with Guy Carpenter via the InsurTech Alliance, and anticipate further progress in our shared goal of advancement in the insurance technology sector,” said Samantha Kappagoda, Co-Managing Member of Numerati® Partners.
“Prudent adoption and responsible deployment of technology by insurers and reinsurers require ongoing commitment to technical assessment by specialists and functional testing by experts at a fundamental level, as a foundation for reliable insurance and reinsurance innovation,” said David K.A. Mordecai, PhD, Co-Managing Member of Numerati® Partners.