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iLearningEngines Reinforces Commitment to Optimizing Insurance Business Processes with AI Technology at Key Industry Events This Fall

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iLearningEngines (Nasdaq: AILE), a leader in AI-powered learning and work automation for enterprises, announced its participation in two major insurance industry events: ITC Vegas (October 15-17, 2024) and the Insurance Innovators Summit in London (November 6, 2024). The company will showcase its vision for an AI-enabled insurance industry and demonstrate how its platform can optimize insurance operations.

At ITC Vegas, iLearningEngines will host demos at booth #2976. At the Insurance Innovators Summit, Deviprasad Thrivikraman, CEO of TechVantage Analytics (an iLearningEngines partner), will present on 'AI in Action: Future-Proofing Insurance with Edge AI, Telematics, and Generative Models'. The presentation will cover how AI is reshaping the insurance industry, from expediting claims processing to real-time fraud detection and supporting ESG goals.

iLearningEngines' platform enables rapid deployment of purpose-built AI engines (hyper-apps) to improve productivity and revenue generation in insurance processes such as risk assessment, claims processing, and coverage quote development.

iLearningEngines (Nasdaq: AILE), un leader nel learning e automazione del lavoro basati su AI per le imprese, ha annunciato la sua partecipazione a due eventi principali dell'industria assicurativa: ITC Vegas (15-17 ottobre 2024) e il Insurance Innovators Summit a Londra (6 novembre 2024). L'azienda presenterà la sua visione per un'industria assicurativa abilitata dall'AI e dimostrerà come la sua piattaforma possa ottimizzare le operazioni nel settore assicurativo.

All'ITC Vegas, iLearningEngines ospiterà dimostrazioni presso lo stand #2976. All'Insurance Innovators Summit, Deviprasad Thrivikraman, CEO di TechVantage Analytics (un partner di iLearningEngines), presenterà su 'AI in Action: Future-Proofing Insurance with Edge AI, Telematics, and Generative Models'. La presentazione tratterà di come l'AI stia trasformando l'industria assicurativa, dall'accelerazione del processo di liquidazione dei sinistri alla rilevazione fraudolenta in tempo reale e al supporto degli obiettivi ESG.

La piattaforma di iLearningEngines consente il rapido deployment di motori AI specifici (hyper-app) per migliorare la produttività e la generazione di fatturato nei processi assicurativi come la valutazione del rischio, la liquidazione dei sinistri e lo sviluppo di preventivi per le coperture.

iLearningEngines (Nasdaq: AILE), un líder en aprendizaje y automatización del trabajo impulsados por AI para empresas, anunció su participación en dos eventos importantes de la industria de seguros: ITC Vegas (15-17 de octubre de 2024) y el Insurance Innovators Summit en Londres (6 de noviembre de 2024). La empresa exhibirá su visión para una industria de seguros habilitada con AI y demostrará cómo su plataforma puede optimizar las operaciones de seguros.

En ITC Vegas, iLearningEngines llevará a cabo demostraciones en el stand #2976. En el Insurance Innovators Summit, Deviprasad Thrivikraman, CEO de TechVantage Analytics (un socio de iLearningEngines), presentará sobre 'AI en Acción: Asegurando el Futuro del Seguro con Edge AI, Telemática y Modelos Generativos'. La presentación cubrirá cómo la AI está transformando la industria de seguros, desde acelerar el procesamiento de reclamaciones hasta la detección de fraude en tiempo real y el apoyo a los objetivos ESG.

La plataforma de iLearningEngines permite el despliegue rápido de motores de AI diseñados específicamente (hyper-apps) para mejorar la productividad y la generación de ingresos en procesos de seguros como la evaluación de riesgos, el procesamiento de reclamaciones y el desarrollo de cotizaciones de cobertura.

iLearningEngines (Nasdaq: AILE)는 기업을 위한 AI 기반 학습 및 업무 자동화의 선두주자로서 두 개의 주요 보험 산업 행사에 참여한다고 발표했습니다: ITC Vegas (2024년 10월 15-17일) 및 런던의 Insurance Innovators Summit (2024년 11월 6일). 이 회사는 AI가 가능하게 하는 보험 산업에 대한 비전을 선보이고, 자사의 플랫폼이 보험 운영을 어떻게 최적화할 수 있는지를 시연할 예정입니다.

ITC Vegas에서 iLearningEngines는 부스 #2976에서 시연을 진행할 것입니다. Insurance Innovators Summit에서는 TechVantage Analytics의 CEO인 Deviprasad Thrivikraman이 'AI in Action: Edge AI, Telematics 및 Generative Models로 보험의 미래를 보장하는 방법'에 대해 발표할 예정입니다. 이 발표는 AI가 보험 산업을 어떻게 재편하고 있는지를 다룰 예정이며, 청구 처리 가속화부터 실시간 사기 탐지 및 ESG 목표 지원까지 다양한 내용을 포함할 것입니다.

iLearningEngines의 플랫폼은 위험 평가, 청구 처리 및 보장 견적 개발과 같은 보험 과정에서 생산성과 수익 창출을 향상시키기 위해 목적에 맞게 설계된 AI 엔진(hyper-app)의 빠른 배포를 가능하게 합니다.

iLearningEngines (Nasdaq: AILE), un leader dans l'apprentissage et l'automatisation des tâches alimentés par l'IA pour les entreprises, a annoncé sa participation à deux grands événements de l'industrie de l'assurance : ITC Vegas (15-17 octobre 2024) et le Insurance Innovators Summit à Londres (6 novembre 2024). L'entreprise présentera sa vision pour une industrie de l'assurance habilitée par l'IA et démontrera comment sa plateforme peut optimiser les opérations d'assurance.

Lors de l'ITC Vegas, iLearningEngines accueillera des démonstrations au stand #2976. Au Insurance Innovators Summit, Deviprasad Thrivikraman, PDG de TechVantage Analytics (un partenaire d'iLearningEngines), fera une présentation sur 'IA en Action : Sécuriser l'Avenir de l'Assurance avec l'Edge AI, la Télématique et les Modèles Génératifs'. La présentation portera sur la manière dont l'IA redéfinit l'industrie de l'assurance, de l'accélération du traitement des demandes de sinistres à la détection de fraudes en temps réel en passant par le soutien aux objectifs ESG.

La plateforme d'iLearningEngines permet un déploiement rapide de moteurs IA spécialement conçus (hyper-apps) pour améliorer la productivité et la génération de revenus dans des processus d'assurance tels que l'évaluation des risques, le traitement des sinistres et le développement de devis de couverture.

iLearningEngines (Nasdaq: AILE), ein führendes Unternehmen im Bereich der KI-gestützten Lern- und Arbeitsautomatisierung für Unternehmen, hat seine Teilnahme an zwei wichtigen Veranstaltungen der Versicherungsbranche bekannt gegeben: ITC Vegas (15.-17. Oktober 2024) und dem Insurance Innovators Summit in London (6. November 2024). Das Unternehmen wird seine Vision für eine KI-fähige Versicherungsindustrie präsentieren und demonstrieren, wie seine Plattform die Versicherungsoperationen optimieren kann.

Auf der ITC Vegas wird iLearningEngines Demonstrationen an Stand #2976 durchführen. Auf dem Insurance Innovators Summit wird Deviprasad Thrivikraman, CEO von TechVantage Analytics (ein Partner von iLearningEngines), über 'KI in Aktion: Zukunftssicherung der Versicherungen mit Edge AI, Telematik und Generativen Modellen' sprechen. Der Vortrag wird behandeln, wie KI die Versicherungsindustrie umgestaltet, von der Beschleunigung der Schadensbearbeitung bis hin zur Echtzeit-Betrugserkennung und der Unterstützung von ESG-Zielen.

Die Plattform von iLearningEngines ermöglicht die schnelle Bereitstellung von maßgeschneiderten KI-Motoren (Hyper-Apps), um die Produktivität und die Umsatzgenerierung in der Versicherungsabwicklung, der Schadensbearbeitung und der Entwicklung von Tarifangeboten zu verbessern.

Positive
  • Participation in major industry events (ITC Vegas and Insurance Innovators Summit) to showcase AI solutions
  • Partnership with TechVantage Analytics for developing AI-driven insurance industry solutions
  • Platform enables rapid deployment of AI engines for improved productivity and revenue generation in insurance processes
Negative
  • None.

iLearningEngines’ participation at ITC Vegas in October, and at Insurance Innovators Summit in London in November, will illustrate the Company’s vision for the future of an AI-enabled Insurance Industry

BETHESDA, Md., Oct. 17, 2024 (GLOBE NEWSWIRE) -- iLearningEngines, Inc. (Nasdaq: AILE) (“iLearningEngines,” “ILE,” or “the Company”), a leader in AI-powered learning and work automation for enterprises, today announced its participation in two leading insurance industry events this fall: ITC Vegas on October 15-17, 2024 and the Insurance Innovators Summit in London on November 6, 2024. iLearningEngines’ presence at these events will serve as an opportunity for the Company to share its vision for the future of the insurance industry, including how recent AI technology developments will push the boundaries of what is possible for insurance companies and professionals.

At ITC Vegas, iLearningEngines is hosting demos in the exhibition area. Insurance professionals and others attending the event can stop by the booth to learn about how the iLearningEngines platform and AI engines built on the solution can support and optimize insurance industry operations and business processes. In the exhibition area, iLearningEngines can be found at booth #2976.

On November 6, 2024, at 10:15am, Deviprasad Thrivikraman, CEO of TechVantage Analytics – a partner of iLearningEngines in the development of AI-driven insurance industry solutions – will participate in the Insurance Innovators Summit CEO Forum, “The Innovation-Ready Insurer,” on Stage 1. The presentation, “AI in Action: Future-Proofing Insurance with Edge AI, Telematics, and Generative Models” will address how AI is reshaping the insurance industry, from expediting claims processing to detecting fraud in real-time and supporting insurers in meeting their ESG goals. This session will provide actionable insights and real-world case studies that demonstrate how AI can drive operational efficiency, enhance fraud detection. iLearningEngines can also be found in the exhibition area at booth #16.

“I’m excited to share updates with attendees about how Techvantage, in partnership with iLearningEngines, is at the forefront of powering AI adoption across the insurance landscape,” said Deviprasad Thrivikraman, CEO of TechVantage Analytics. “Insurance businesses that are looking to future-proof operations with AI will learn about innovative AI solutions like our Claims-on-the-Edge product, telematics-driven risk management, and pre-trained insurance language models that transform core processes and protect enterprise intellectual property.”

The iLearningEngines platform enables insurance businesses to rapidly deploy purpose-built, highly accurate AI engines, also known as hyper-apps, for rapid realization of business value through improved productivity and revenue generation. Insurance industry business processes including risk assessment, claims processing and coverage quote development can be optimized through iLearningEngines’ advanced AI capabilities.

About iLearningEngines: 

iLearningEngines (Nasdaq: AILE) is a leading Applied AI platform for learning and work automation. iLearningEngines enables Enterprises to rapidly productize and deploy a wide range of AI applications and use cases (AI Engines) at scale.

iLearningEngines is powered by proprietary vertical specific AI models and data with a flexible No Code AI canvas to drive rapid out-of-the-box deployment while offering low latency and high levels of data security and compliance. Serving over 1,000 enterprise end customers, iLearningEngines is deployed globally into some of the most demanding vertical markets including Healthcare, Education, Insurance, Retail, Energy, Manufacturing and Public Sector to achieve mission critical outcomes.

For more information about iLearningEngines, please visit: www.ilearningengines.com.

Forward-Looking Statements
Certain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995 with respect to the Business Combination. Forward looking statements generally are accompanied by words such as “believe,” “may,” “will, “estimate,” “continue,” “anticipate,” “intend”, “expect”, “should”, “would”, “plan”, “predict”, “potential”, “seem”, “seek”, “future”, “outlook”, the negative forms of these words and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding: the ability of ITC Vegas and the Insurance Innovators Summit to serve as an opportunity for iLearningEngines to share its vision for the future of the insurance industry, including how recent AI technology developments will push the boundaries of what is possible for insurance companies and professionals; the contents of iLearningEngines’s and its partners’ presentations and exhibitions; the ability of AI to reshape the insurance industry; the ability of AI to expedite claims processing, detect fraud in real-time, support insurers in meeting their ESG goals, drive operational efficiency and enhance fraud detection; the ability of Techvantage’s solutions to transform core processes and protect enterprise intellectual property; the ability of iLearningEngines platform to enable the rapid realization of business value through improved productivity and revenue generation; and iLearningEngines’ ability to address market opportunities across artificial intelligence. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the iLearningEngines’ management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by an investor as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions this press release relies on. Many actual events and circumstances are beyond the control of iLearningEngines. These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political, and legal conditions; the outcome and findings of the ongoing special committee investigation of allegations raised by a recent short-seller report; iLearningEngines’ failure to realize the anticipated benefits of its recently completed business combination with Arrowroot Acquisition Corp.; risks related to the rollout of iLearningEngines’ business and the timing of expected business milestones; iLearningEngines’ dependence on a limited number of customers and partners; iLearningEngines’ ability to obtain sufficient financing to pay its expenses incurred in connection with the closing of the business combination; the ability of iLearningEngines to issue equity or equity-linked securities or obtain debt financing in the future; risks related to iLearningEngines' need for substantial additional financing to implement its operating plans, which financing it may be unable to obtain, or unable to obtain on acceptable terms; iLearningEngines’ ability to maintain the listing of its securities on Nasdaq or another national securities exchange; the risk that the business combination disrupts current plans and operations of iLearningEngines; the effects of competition on iLearningEngines’ future business and the ability of iLearningEngines to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; risks related to political and macroeconomic uncertainty; the outcome of any legal proceedings that may be instituted against iLearningEngines or any of their respective directors or officers, including litigation related to the business combination; the impact of the global COVID-19 pandemic on any of the foregoing risks; and those factors discussed in iLearningEngines’ registration statement on Form S-4, as amended or supplemented, under the heading “Risk Factors,” and other documents iLearningEngines has filed, or will file, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that iLearningEngines does not presently know, or that iLearningEngines does not currently believe are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect iLearningEngines’ expectations, plans, or forecasts of future events and views as of the date of this communication. iLearningEngines anticipates that subsequent events and developments will cause iLearningEngines’ assessments to change. However, while iLearningEngines may elect to update these forward-looking statements at some point in the future, iLearningEngines specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing iLearningEngines’ assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.

For iLearningEngines Investors:
iLearningEngines, investors@ilearningengines.com
Kevin Hunt, iLearningEnginesIR@icrinc.com

For iLearningEngines PR:
Dan Brennan, ICR Inc., iLearningPR@icrinc.com


FAQ

What events will iLearningEngines (AILE) participate in during Fall 2024?

iLearningEngines (AILE) will participate in ITC Vegas from October 15-17, 2024, and the Insurance Innovators Summit in London on November 6, 2024.

What will iLearningEngines (AILE) showcase at these insurance industry events?

iLearningEngines will showcase its vision for an AI-enabled insurance industry and demonstrate how its platform can optimize insurance operations, including risk assessment, claims processing, and coverage quote development.

Who will represent iLearningEngines (AILE) at the Insurance Innovators Summit in London?

Deviprasad Thrivikraman, CEO of TechVantage Analytics, a partner of iLearningEngines, will participate in the CEO Forum and present on AI in insurance at the Insurance Innovators Summit.

What is the topic of the presentation at the Insurance Innovators Summit involving iLearningEngines (AILE)?

The presentation is titled 'AI in Action: Future-Proofing Insurance with Edge AI, Telematics, and Generative Models' and will address how AI is reshaping the insurance industry.

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