OSLO, Norway, Jan. 16, 2024 /PRNewswire/ — Simplifai, the secure AI Automation provider, and Contemi Solutions, trusted financial technology provider to insurance, asset and wealth management, banking and capital markets industries, announced the latest customer acquisition, TT Forsikring, a Norwegian Insurance Provider. Together, they will take TT Forsikring into a new era of operational excellence and customer service innovation.
TT Forsikring, an emerging player in the insurance industry, has trusted Simplifai’s cutting-edge AI Automation solution to allow efficient scalability, in order to gain a competitive edge against the bigger competitors. The deployment of AI technology by the insurance company is done to enhance its operational efficiency, elevate its customer experience, and grow with higher conversion and lower cost securing a formidable place in the highly competitive insurance market.
“TT Forsikring wants to challenge the big companies in the insurance market in Norway. To succeed in this, we rely on the latest technology in customer communication. Simplifai has the knowledge and experience within AI that enables TT Forsikring to scale up its customer base significantly while maintaining an efficient and good dialogue with our customers,” said Terje Danielsen CEO TT Forsikring.
The initial phase of this project will see Simplifai’s solutions adeptly managing policy cancellations and handling customer inquiries. By automating these critical processes, TT Forsikring will ensure prompt and accurate responses to customer needs, thereby setting a new standard for customer service.
“This collaboration gives TT Forsikring the ability to compete effectively with much larger insurance companies,” said Bård Myrstad, Simplifai CEO. “The value to Managing General Agents and smaller challengers gives them the ability to ensure faster projects and more adaptable solutions. The combination of Contemi and Simplifai gives TT Forsikring a strategic advantage over their competitors.”
“It’s a pleasure working with TT Forsikring, a company that constantly challenges the traditional ways of working in insurance,” said Ted Cederlund, Commercial Director at Contemi. He further adds, “TT has been using Seamless.insure, our modular insurance platform, for over a year, and now they take another step in their digital transformation journey; TT can proudly say they are at the forefront of the industry, working on a cloud-native core platform and using AI.”
The partnership between Simplifai, Contemi, and TT Forsikring is dawn of new possibilities in the insurance sector, highlighting the indispensable role of AI in shaping the future. The potential for further integration of AI across different facets of their business holds the promise of unprecedented growth and innovation.
About TT Forsikring:
TT Forsikring is a Norwegian Managing General Agent that operates primarily in Norwegian market but aims to expand in the international insurance market. Their operations include personal insurance, property and casualty insurance, business loans and cash credit facilities. TT Forsikring is a part of TT Group AS and prides itself on offering personalized solutions tailored to the needs of individuals and businesses.
About Simplifai:
Founded in 2017, Simplifai is the secure AI company. We create the Simplifai AI Automation platform, which is used to reduce customer churn, reduce operational costs, improve customer satisfaction, and provide a strong competitive advantage for our customers. We are founded in Oslo, Norway, with offices in Pune India, the Netherlands, Sweden, and Ukraine. Learn more: www.simplifai.ai.
About Contemi’s Seamless.Insure:
Seamless.Insure is a cloud-native modular insurance software platform, built on open API architecture and microservices to deliver value and an intuitive interface. Seamless solves the need for speed and flexibility for insurance providers and distributors while ensuring data security, cost efficiency, and seamless customer/user experience. The platform supports multi languages, currencies, products, channels, device interfaces, and user profile types. Seamless is a no-code platform that enables business users to configure and launch new insurance products, create workflows, configure underwriting rules, generate APIs and share them with the distribution channel, and more. For more information, visit https://seamless.insure/
Aron William Kozak
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