AI & Enterprise
MegazoneCloud, Korean Re team up to expand AX in reinsurance business
MegazoneCloud said on July 23 it signed a strategic memorandum of understanding with Korean Reinsurance to accelerate AX, or AI transformation, in the reinsurance business. The companies agreed to pursue a long-term technology partnership rather than a one-off system build. They plan to cooperate on AI- and data-driven underwriting and contract review, big data-based risk prediction, companywide automation in a cloud-native environment, and new financial business models linked to global infrastructure.
