Global Engineering & Technology, PhDsoft is finalist at the Zurich Innovation Championship 2022, one of the leading international innovation competitions in the insurance industry. Sponsored by global insurance company Zurich, the award recognizes technologies with the potential to make a difference in a critical area of risk prevention and management.
“We are honored to have been selected. The insurance industry is undergoing a rapid transformation. PhDC4D’s digitaltwin offer great possibilities, capable to simulate scenarios to predict and assess risks, enabling data base decision making to minimize losses “, explains Rosana Ellis, chief operating officer.
Duperron Marangon Ribeiro, CEO of PhDsoft, explains that technology is impacting the business model in the insurance world.
“Insurers are adopting technologies to estimate premiums more accurately and encouraging their customers to adopt cutting-edge technologies such as digital twins, artificial intelligence and IoT to reduce the risk of accidents and losses”, he says.
A record number of submissions
This year’s awards received nearly 3,000 applications from around the world, mainly from companies in the United States, United Kingdom, Canada and Germany. A record number of submissions compared with previous years.
PhDsoft was selected to present its pitch at the Brazilian Super Day. The Super Day events will take place on Wednesday, February 16, from 3:00pm to 5:00pm UK time.