ATOM Insurance, part of the else Group, a leading provider of end-to-end insurance platform solutions, has announced a strategic partnership with Datafolio, which engages in data-driven shared-mobility insurance technology.
This collaboration marks a significant step forward in bringing innovative technological solutions to insurance companies and MGAs worldwide, said ATOM Insurance in a media statement.
Datafolio offers real-time pricing engines and AI agents, comprehensive data analytics and embedded insurance solutions. Their technology enhances capabilities in risk assessment, pricing and operational efficiency, serving leading operators and insurers across Europe and the Middle East.
ATOM Insurance provides cutting-edge software solutions that power some of the world's leading specialty lines insurers and MGAs. Their end-to-end platform streamlines all aspects of insurance operations, from policy administration to claims management, enabling insurers to operate more efficiently and scale their businesses effectively.
The partnership will leverage both companies' proven technologies to deliver enhanced solutions across various insurance lines, combining ATOM's comprehensive insurance platform with Datafolio's advanced data analytics and AI agents applied to underwriting and pricing.
The initial phase of the partnership will focus on integrating Datafolio's real-time pricing, AI agents and risk assessment capabilities into ATOM's platform, with additional features and insurance lines to be added in the coming months.
Commenting on the partnership, else Group founder and CEO Mr Laurent Lemaire said, "We're creating a powerhouse that will enable insurers to operate more efficiently and adapt quickly to emerging risks. This collaboration will set new standards for technological innovation in the insurance industry."
On his part, Mr Yuri Narozniak, co-founder and CEO of Datafolio, said, "By integrating our data-driven and AI-powered pricing and distribution solutions with ATOM's comprehensive platform, we will be able to offer insurers unprecedented capabilities in risk assessment, pricing, and operational efficiency."