JOHANESSBURG, South Africa – 7 August 2021 – TAUTONA.AI, South Africa’s leading intelligent automation company, today announced that it has been included in this year’s AIFinTech100 .
The #AIFinTech100 is an annual list of 100 of the world’s most innovative AI solution providers for financial services selected by a panel of industry experts and analysts who reviewed a study of over 1,000 FinTech companies
“We’re very pleased to be recognised as one of the world’s most innovative AI solution providers for financial services,” said John Holdsworth, Co-Founder and CEO at Tautona. “Tautona has developed the world’s first AI powered Claim Adjuster Bot™ that thinks and acts like an experienced insurance professional. Using Tautona’s Claim Adjuster Bot™ insurers can automate policy coverage analysis enabling straight through processing of complex claims with little or no human intervention.
Our Claim Adjuster Bot ™ has distilled hundreds of claim adjusters work experience and consistently adjusts to standard each time.
Is trained on hundreds of thousands of historical claims and the algorithms learn from experience by analysing a large variety of different examples; and,
Has surpassed human accuracy and is trained to perform many complex claim adjusting tasks faster, cheaper, more accurately and consistently than humans.”
The solution providers making the final list were recognised for their innovative use of technology to solve a significant industry problem, or to generate cost savings or efficiency improvements across the financial services value chain.
Co-Founder & Business Development Director at Tautona Philip Cooper said, “Now, more than ever, established insurance carriers need to be aware of the latest AI powered claim automation solutions in the market to ensure they deliver on customer expectations.”
“The AIFinTech100 list helps senior management filter through all the solution providers in the market by highlighting the most innovative artificial intelligence companies in areas such as claim processing and underwriting,” he added.
Tautona is a leading intelligent or hyper automation company. We use AI and machine learning to automate tasks that have traditionally required human cognitive abilities. Tautona focuses exclusively on the insurance sector, specifically claim processing.
Our library of reusable claim automation solutions can be rapidly deployed for immediate business benefit. By implementing our solutions insurers can bring down operational costs, reduce claim handling times and ensure customer-first experiences.
Tautona is headquartered in Johannesburg South Africa and Delaware United States. Tautona is currently deploying intelligent automation solutions in South Africa, United Kingdom, United States and Canada. Visit www.tautona.ai to learn more about Tautona.
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