Azentio Software acquires assets from iMOTOR and Pysurance for AI-based insurance software development.

Azentio Software, based in Singapore, has acquired software assets and intellectual property from Kuwait's iMOTOR and Pysurance. This acquisition aims to develop next-generation insurance software utilizing advanced AI and machine learning technologies. The enhancements will enable insurers to automate claims workflows, improve operational efficiency, and reduce costs. Azentio seeks to modernize the insurance sector by transitioning from legacy systems to more efficient, AI-ready platforms.

September 03, 2024
8 Articles

Further Reading