Technology

Montoux Launches the First Generative AI Copilot for Actuaries

Published

7 months ago

February 20, 2024

Model Copilot Enhances Model Documentation and Governance with Advanced AI

NEW YORK, Feb. 20, 2024 /PRNewswire/ — Montoux, a leading provider of AI and actuarial modeling technology, today announced the launch of Model Copilot, the first-ever generative AI copilot designed specifically for actuaries. This groundbreaking product is set to transform actuarial work by removing 80-90% of the time required to complete common modeling tasks.

Model Copilot boasts an ever-growing suite of features aimed at tackling the complexities of model documentation and governance. By harnessing the power of advanced generative AI, Model Copilot assists actuaries in the understanding, documenting, and maintaining of models with an unprecedented level of clarity, accuracy, and efficiency. By automating the most time-consuming aspects of model documentation and governance, Model Copilot enables actuaries to focus on strategic decision-making and analytical tasks, significantly enhancing productivity and the quality of outputs.

“Model Copilot represents a significant leap forward in the integration of generative AI within the actuarial field,” said Klaas Stijnen, co-Founder and co-CEO of Montoux. “We are committed to providing innovative solutions that empower actuaries, and Model Copilot is a testament to this commitment. By automating and enhancing model documentation, we’re not only improving the efficiency and accuracy of actuarial work but also setting a new standard for the industry. Model Copilot’s feature set will expand greatly over time to solve additional challenges that actuaries face in their day to day work.”

Key Benefits of Model Copilot:

Best-in-Class Documentation: Model Copilot generates comprehensive, clear, and concise documentation that meets and exceeds industry standards. This ensures that models are fully understandable and transparent, facilitating easier review, validation, and regulatory compliance.Time Efficiency: By automating large components of the documentation process, Model Copilot drastically reduces the time actuaries need to spend on manual documentation. This frees up valuable time for actuaries to concentrate on more complex and impactful work.Consistency and Accuracy: Model Copilot enables consistent documentation across all models in an estate, minimizing the risk of human error and enhancing the reliability of actuarial work.Ease of Implementation: Model Copilot requires no actuarial system migration of models. Insurers just upload model information and documentation standards and can immediately realize the value of the application.Secure, Transparent and Auditable AI: Model Copilot can be deployed via Montoux’s secure cloud environment or within the insurer’s. Insurers can also choose their preferred LLM and configure the application to meet their internal data security and privacy requirements.

Montoux’s Model Copilot is now available to insurers looking to elevate their modeling capabilities and embrace the future of generative-AI enabled finance transformation. For more information about Model Copilot and how it can modernize your actuarial processes, please visit: www.montoux.ai

About Montoux:

Montoux is the leading provider of actuarial AI and modeling tools, setting a new standard for how actuaries and insurance companies assess and manage risk. Montoux’s toolkit harnesses the power of artificial intelligence, cloud and automation to modernize traditional actuarial processes, enabling insurers to break free from the constraints of traditional modeling systems and amplify both actuarial productivity and strategic impact. Customers include several of the world’s leading insurance providers across North America, Europe and Asia Pacific, and the company has been listed on both the Insurtech100 and AIFintech100 lists as one of the most innovative tech companies in the world. Learn more: www.montoux.ai

Media Contact:
Matt Cook
matt.cook@montoux.com
Head of Marketing & Partnerships
Montoux
989-882-5435

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SOURCE Montoux

Technology

The Ar-King of Spirits: Ed Arking’s Impact on the Liquor Industry

Published

13 mins ago

September 21, 2024

In the interest of providing luxury liquors in a convenient and stress-free format, Served Neat was born. When asked about his intentions for the company, Ed states, “My goal with Served Neat is to create a one-stop shop where customers can easily discover these rare gems.”

MOORESTOWN, N.J., Sept. 21, 2024 /PRNewswire-PRWeb/ — Served Neat is an emerging online platform with a curated selection of some of the world’s most popular luxury spirits. The website offers daily flash deals that highlight a variety of high-end international brands including Pappy Van Winkle, Buffalo Trace, Clase Azul, and more.

“While there are websites selling spirits, none have the decades of experience that we bring from WTSO. Served Neat will offer not only incredible bottles but also the best customer service in the industry.”

Ed and Joe Arking, the father-son team behind the concept of Served Neat, have decades of experience hand-selecting and supplying sought-after liquors. Ed Arking, CEO of New Jersey’s Roger Wilco, grew up in the world of wine and spirits and formed his own business aspirations.

“Growing up, I watched my father navigate and succeed in the ever-evolving wine and spirits industry,” Ed explains. “While I always aspired to create something similar, I knew I needed to wait for the right moment.” Ed has gone on to manage his own liquor store and lead projects for up-and-coming brands, such as the vodka-infused and non-carbonated Smooth Water.

As he evolved in his career, Ed discovered the perfect time to make his lifelong vision a reality. He recalls, “I noticed a gap in the market—especially for whiskey and tequila. These categories have surged in popularity, making it difficult for the everyday consumer to find those elusive sought-after allocated bottles.”

When it comes to Served Neat, quality and knowledge is key. Ed adds, “While there are websites selling spirits, none have the decades of experience that we bring from WTSO. Served Neat will offer not only incredible bottles but also the best customer service in the industry.”

Served Neat is the sister company to WTSO and The Wine Market, two online platforms dedicated to sourcing and distributing top-notch wines from every corner of the globe.

At The Wine Market, an online marketplace for the world’s most popular wine brands, convenience and quality are key. Each bottle in their curated collection is a testament to exceptional flavor and craftsmanship.

Since 2006, WTSO has enjoyed creating a unique wine experience and sharing it with new beginners and seasoned connoisseurs alike. Using an extensive network of wineries and wine makers, WTSO connects customers to thousands of brands from top wine appellations around the globe. The strong relationships they’ve formed within the wine world allow the business to deliver authentic and high-quality bottles to homes across the United States.

Wine and spirits lovers alike are invited to explore Served Neat, WTSO, and The Wine Market to find their next favorite bottle. Visit their websites to learn more about these one-of-a-kind online marketplaces!

Media Contact

Julie Blount, WTSO, 1 8669572795, marketing@wtso.com

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SOURCE WTSO

Technology

Compete for $150K Prizes: Join Spatial Joy 2024 The Global AR Application Development Championship

Published

1 hour ago

September 21, 2024

HANGZHOU, China, Sept. 21, 2024 /PRNewswire/ — Spatial Joy 2024 The Global AR Application Development Championship is now open for registration! Organized by Rokid, a global leader in human-computer interaction through augmented reality, this championship invites AR developers globally to harness voice, gesture, and visual AI technologies to create groundbreaking AR experiences. Powered by the self-developed YodaOS-Master operating system, Rokid AR glasses deliver exceptional spatial computing performance.

What is Spatial Joy 2024 about？
In September 2022, Rokid kicked off its first AR Application Development Championship. The second championship, held last year in collaboration with Unity and Agora, quickly established itself as the largest AR application development event in China. As Rokid celebrates its 10th anniversary this year, we are excited to present “Spatial Joy,” our newly branded global championship, open to developers worldwide for the first time, and positioned as the flagship event in the AR industry.

Why join Spatial Joy 2024?

Compete for a $150,000 prize poolFree access to Rokid AR Lite or Rokid AR studioDiscounted rates on purchasing Rokid productsFree participationTechnical support from Unity and AgoraInternational exposure within the AR industryOpportunity to attend the award ceremony in China

Who can participant?
The championship is open to global AR developers of all levels, including students, independent developers, teams, and professionals across sectors such as healthcare, retail, education, gaming, entertainment, lifestyle, and more.

How to register?
Detailed registration guidelines and requirements are available online at [https://t.rokid.com/iwvwcxkn]. Developers can register and submit their projects through Rokid official website at [www.global.rokid.com].

Spatial Joy 2024 Timeline:

Registration Deadline: October 16, 2024Final Project Submission Deadline: November 15, 2024Finalists Announcement: December 27, 2024Award Ceremony: January 11, 2025

About Organizer
Rokid has expanded its global presence, making notable progress in key markets across North America, Europe, and Asia, including a successful campaign on Kickstarter. With a decade of expertise, Rokid has revolutionized AR technology, transforming how users interact with both digital and physical environments.

Join us in shaping the future of AR with Rokid – enter Spatial Joy 2024 The Global AR Application Development Championship Now!

View original content to download multimedia:https://www.prnewswire.com/news-releases/compete-for-150k-prizes-join-spatial-joy-2024-the-global-ar-application-development-championship-302254807.html

SOURCE Rokid

Technology

Summit of Whose Future? Girls Have the Answers: Leaders Must Listen

Published

3 hours ago

September 21, 2024

Young Women Activists Launch “What Girls Want,” Demand World Leaders Put Girls at the Center of Summit of the Future

NEW YORK, Sept. 21, 2024 /PRNewswire/ — Today in New York, more than 50 young women from around the world – including Nobel Prize Laureate Malala Yousafzai – gathered to take government to task for failing to prioritize girls and young women in the upcoming Summit of the Future. The group is backed by acoalition of girl-centered non-profit organizations, institutions, and funds who synthesized the demands of girls at www.whatgirlswant.com.

At a demonstration near the UN, alongside life-size cutouts of world leaders dressed ironically as “girl experts”, the activists delivered a strong message: world leaders aren’t the experts on what girls want for their futures – girls are.

Eylül Erçin, 19, from Türkiye, shared: “The time has passed for girls and young women to be treated as mere afterthoughts. Leaders must include us in the foundational design of these processes, ensuring that our priorities are integrated into shaping the future we will inherit. Anything less is unacceptable.”

Today’s event is about more than calling out a process failure. Girls i from around the world delivered a forward-looking call to action this week. They expect governments, institutions, and community leaders to step up and help shape a more equitable future.

Alongside fellow activists, Malala said: “Even at 27, I know better than to assume I understand best what girls want. Everywhere I go, girls are eager to share their vision for their futures. As adults, it is our job to listen, fund their work and follow their lead. It is not too late for world leaders to do right by girls. They can start by prioritizing their demands in tomorrow’s final Summit deliberations and by investing resources to match their words.”

The evidence is clear: investing in girls and delivering on their rights transforms economies, societies, and the environment, advancing the SDGs and building a future that girls deserve.

About What Girls Want

This effort was produced by a collaboration of girl-centered organizations, institutions, funders, and allies. The campaign is anchored around work to collate insights, data, and stories from 20+ public consultations with girls and young women over the past decade, driven by a shared desire to center girls’ demands in spaces where they are being ignored.

Contact:

whatgirlswantpress@gmail.com

nate.powers@edelman.com

Logo – https://mma.prnewswire.com/media/2384993/Women_Deliver_Logo.jpg

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