Gen Re has launched a prototype allowing consumers to purchase insurance by using facial analytics. Using Lapetus Solutions’ Janus technology, the capability allows applicants purchase life, hospital cash or accidental death insurance by uploading a selfie from their smartphone. The engine calculates an estimation of age, gender and BMI to generate a premium. The technology
Global reinsurer Gen Re has developed a new mobile application that uses facial analytics technology to help customers purchase Life, Hospital Cash and Accidental Death insurance policies. facial-recognition-softwareThe NOW app uses technology by Lapetus Solutions to quickly estimate factors such as a user’s age, gender and BMI based on an uploaded image of their face.
When it comes to buying insurance, how often do we hear that it’s not the purchase that’s the grudge, but the process? COLOGNE, Germany–(BUSINESS WIRE)–Gen Re’s NOW app uses facial analytics technology to offer a quicker, easier – and fun – way to purchase Life, Hospital Cash or Accidental Death insurance. The prototype was just
Hyderabad: To conduct joint research to develop models in Artificial Intelligence (AI) and Deep Neural Networks (DNN) GITAM Deemed to be University signed a MoU with US based spin-off company Lapetus solutions Inc.(LSI), North Carolina, USA here on Friday. The company leaders. Amrutha Seturam and Harry Atwal signed on MoU documents in the presence of
A leading researcher says the longevity dividend could become reality. In 2006, S. Jay Olshansky, a leading researcher on aging, and his colleagues coined the term “the longevity dividend.” It describes the health and economic benefits individuals and societies could enjoy by slowing biological aging and extending people’s years of healthy living. The term was