Talanx Group, the parent of reinsurance giant Hannover Re, has entered into a strategic partnership with New York-based intelligent automation and robotic process automation software firm, WorkFusion.
It’s hoped the agreement will accelerate end-to-end digitisation of core business processes, starting with HDI Germany.
“We are thrilled to partner with Talanx Group and HDI Germany,” said Alex Lyashok, WorkFusion Chief Executive Officer.
“It not only proves our commitment to advancing Intelligent Automation in the European market, but this is also an outstanding example of applying Intelligent Automation to use cases in the insurance sector, and is applicable and across sister companies and divisions to achieve economies of scale.”
The Talanx Group has placed its core focus on digital transformation, investing to establish and expand skills in artificial intelligence. Specifically, its companies are focusing on AI-based business process optimization and enhancements.
“At HDI in Germany, we are already using many robots in our daily insurance business,” said Dr. Christoph Wetzel, CEO of HDI Versicherung AG.
“With WorkFusion, we are now able to scale automation much more because RPA is combined with AI — i.e., the robot becomes intelligent. This is especially relevant for complex cases, as in claims.”
