Provectus

In specialty insurance, speed and accuracy are imperatives. Provectus recently partnered with Convex Insurance to transform their underwriting process using generative AI, to speed up and scale underwriters’ decision-making on risk reports. ⚙ Imagine processing hundreds of pages of risk reports with tight deadlines. For Convex's underwriters, this was a daily reality that threatened to bottleneck critical insurance decisions. 💡 Leveraging Cohere's Command LLM hosted on Amazon Bedrock, we developed a sophisticated GenAI solution that: ◾ Automatically summarizes complex risk reports ◾ Extracts key details and sentiments ◾ Generates precise, actionable insights in minutes With the Provectus solution, Convex is now able to: ✅ Continue to accelerate decision-making ✅ Maintain the highest accuracy standards ✅ Scale the risk assessment process further ✅ Empower underwriters with GenAI-driven insights By reimagining risk management through generative AI, Convex is setting new industry benchmarks for efficiency and strategic intelligence. 👇 https://lnkd.in/gsCteKiZ

The recent FINOS Open Source in Finance Forum in NYC featured insightful discussions and presentations exploring the Common Domain Model (CDM) standard. If you weren't able to attend, you're in luck - the full CDM track from the event is now available to watch on the FINOS YouTube channel. This includes the "AI Meets CDM Workshop" led by Oleg Blokhin of Provectus. Head to the FINOS YouTube channel now to access the complete CDM track.

Thrilled to announce our team's latest professional certifications, expanding our expertise and strengthening our ability to deliver cutting-edge solutions in AI/ML, Data, and Cloud. Looking forward to applying these new capabilities to create even more value for our clients!

🎉 Fourteen incredible years of innovation, collaboration, and growth! Our teams across global locations came together to celebrate this milestone with local events and team gatherings. Thank you to our employees, partners, and clients who have been part of this journey!

Honored to share that Provectus has been awarded the 2024 FINOS Breaking the Status Quo Award! 🏆 Our team's excited to continue to push the boundaries in open source and financial services, inspiring innovative thinking in the industry. Thank you FINOS for this recognition. We remain committed to driving change and exploring new possibilities in open source. #FINOS #OSFF2024 #FinTech

Are you ready to start transforming your business with Generative AI? Apply now for the "Generative AI by Provectus" program on AWS Marketplace! In just two sprints, we'll help you: ✔ Identify high-impact use cases for your business ✔ Deploy a prototype in your AWS environment Explore game-changing applications in: ✔ Document Processing ✔ Customer Service ✔ Sales Enablement ✔ Structured Finance ✔ And more! Perfect for C-suite Executives, Business Leaders, Data/AI/ML professionals, and IT teams. Don't miss this opportunity. Apply today and stay ahead of the curve! https://lnkd.in/ecn48nfY

When it comes to Generative AI, identifying the right use cases is one of the most crucial aspects of driving real value for business. Learn how to do it! The ideal GenAI project balances high demand with low risk. It is important to start with use cases that are: ✅ Well-suited to GenAI capabilities ✅ Easy to measure, short- and long-term ✅ Business-critical, but low-risk (e.g. customer support) ✅ Minimally disruptive to operations ✅ Scalable to other parts of business If you're ready to take a deep dive and start discovering the right GenAI use cases for your business, our team at Provectus offers a program that can help: https://lnkd.in/ecn48nfY Let's connect and explore how GenAI can transform your business!

🙌 Today, we celebrate 14 years of innovation, growth, and incredible teamwork. From our humble beginnings to becoming a global tech company, it's been an amazing journey, and we couldn’t have done it without our incredible team! To all our colleagues, clients, and partners — thank you for being a part of our story. Here's to the past 14 years and to many more exciting chapters ahead! 🎉

We're thrilled to share more exciting news: we've achieved 100 AWS Certifications! This remarkable milestone, a year in the making, reflects our team's dedication and hard work. A huge thank you goes out to everyone who participated and contributed. You've polished your professional skills and strengthened our client relationships. As we celebrate this achievement, let's maintain our momentum and continue pushing boundaries. This success is just the beginning of our journey!

Generative AI is a a game-changer for the insurance industry. GenAI can add $50B-$70B in annual value, helping to streamline claims processing and underwriting, improve product personalization, and enhance customer operations. GenAI is already reshaping how insurance organizations do business. Ready to transform your insurance operations with GenAI, too? Start with our comprehensive guide to learn how to: ✔ Identify impactful GenAI use cases ✔ Choose the right foundation model ✔ Implement your first GenAI solution Let's connect and explore how Provectus can guide your journey! 📑 Read the full guide: https://lnkd.in/gQcpk54P ⏩ Start your GenAI adoption: https://lnkd.in/ecn48nfY