Photo - Optimalex
play_arrow
View
58855

Optimalex

USA, New York
Market: Insurance
Stage of the project: Operating business

Date of last change: 24.10.2022
Go to the owner's profile
1
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:
 

Idea

Optimalex’s suite of legal predictive solutions analyzes settlements and legal decisions on damages compensation through up-to-date machine learning and natural language processing techniques.

Current Status

Just three months ago, we publicly announced our first partnership (all other clients are under strict NDAs) with Great American Insurance Group.

Problem or Opportunity

We are solving (for P&C Insurance Carriers):
1) structural uncertainty in claim evaluations and potential ligiation
2) inconsitency and unfairness in damage compensation
3) excessive loss ratio impacted by "nuclear verdicts"

Solution (product or service)

Optimalex’s flashier software, AGATHA, is a SaaS platform that uses AI predictive intelligence to estimate the outcome of a case, quantify
damages compensation, and predict length of proceedings to
support claim manager's evaluation of reserves and settlements.

Business model

Software as a service (or SaaS)
5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility233
star0
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video
Presentation