Saturday, 3 June 2023

Azure OpenAI Enables OneDegree Global and Microsoft to Collaborate in Advancing Insurtech and Cybersecurity Innovations, Business News

OneDegree Global and Microsoft Partner to Revolutionize Insurtech and Cybersecurity with Azure OpenAI Service

OneDegree Global, a leading insurtech and cybersecurity startup, has announced a major milestone in its journey by partnering with Microsoft Hong Kong. This collaboration marks a significant breakthrough in the industry with its integration of Azure OpenAI Service into IXT insurtech and Cymetrics cybersecurity solutions. By doing so, they aim to revolutionize the market, offer practical breakthroughs, and address critical industry pain points.

At InsureTech Connect Asia 2023 conference held in Singapore from May 31 to June 1, OneDegree unveiled its latest experimental Generative AI features, IXT Seeble and Cymetrics Copilot, which have disrupted traditional approaches and transformed the way insurers and organizations tackle complex challenges in their domains.

IXT Seeble: Streamlining Insurance Process for Unmatched Efficiency

IXT Seeble is a game-changing insurtech offering that streamlines complex tasks for insurers. By enabling non-technical users to input prompts in plain language, IXT Seeble eliminates the need for developers to code critical tasks such as pricing, underwriting, and claims rule configuration. The AI autonomously generates precise code for specific rules, reducing IT resource dependency, improving code quality, and accelerating time-to-market. Moreover, it empowers insurers with unparalleled efficiency and flexibility.

Moreover, IXT Seeble can function as an intelligent customer support assistant, improving the insurance customer service experience. Integrated with IXT’s advanced product configurator, the Generative AI chatbot enables customers and agents to ask questions, compare insurance products, and make informed decisions. This personalized feature enhances customer satisfaction and drives better outcomes for insurers.

Cymetrics Copilot: Empowering Organizations in Cybersecurity Management

Cymetrics Copilot is OneDegree’s GPT-powered cybersecurity assistant that provides personalized remediation suggestions, prioritized recommendations, and instant answers, reducing cybersecurity issue resolution times by up to 50%. This empowers organizations to proactively and efficiently address cybersecurity threats, fortifying their resilience and ensuring seamless business continuity.

Azure OpenAI Service: Unlocking the Full Potential of Artificial Intelligence

“We are thrilled to partner with Microsoft,” said Alex Leung, co-founder of OneDegree. “This strategic partnership allows us to unlock the full potential of artificial intelligence, delivering unparalleled value to our clients and accelerating product innovations. Together, we are shaping the future of insurtech and cybersecurity.”

Kelvin Tse, Head of Global Partner Solutions, Microsoft Hong Kong, stated, “We are excited to partner with OneDegree Global and provide them with the power of Azure OpenAI Service to accelerate innovation in the insurtech industry. Our Azure platform offers enterprise-grade reliability, security, and global availability to support OneDegree’s new applications and innovations, while Azure OpenAI delivers powerful generative AI, including coding and natural language processing capabilities. Through our collaboration, we will continue to empower OneDegree Global to innovate and take a leading role in the insurtech industry.”

Conclusion

OneDegree Global’s partnership with Microsoft Hong Kong integrating Azure OpenAI Service into IXT insurtech and Cymetrics cybersecurity solutions sets the bar high in the insurtech industry. It highlights the transformative power of technology and innovation in driving the industry forward to better serve clients’ needs.

Editor Notes

OneDegree Global’s partnership with Microsoft is a significant step forward in the insurtech and cybersecurity sector. It is a testament to the industry’s efforts to innovate and create breakthrough solutions that address critical pain points. As more and more organizations recognize the need for effective risk management and cybersecurity solutions, such partnerships will play a crucial role in creating a more secure and resilient digital environment.

For more news and updates on the latest technologies and innovations, visit GPT News Room.

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