Insurwave is a SaaS platform based in London, UK, that specializes in AI-driven exposure management for the specialty insurance sector. Founded in 2017 or 2018, the company became a joint venture between Ernst & Young LLP and Guardtime AS after being acquired by IncubEx in 2021. Insurwave focuses on enhancing complex insurance transactions through advanced data integration and cryptography.The platform offers several key services, including AI-driven data ingestion for real-time asset tracking and exposure management, integrated insurance management that connects buyers, brokers, and underwriters, and risk insights for informed underwriting decisions. Insurwave utilizes cloud infrastructure and cryptographic security to ensure data transparency and operational efficiency, aiming to streamline processes and improve decision-making speed and accuracy. The company serves multinational corporations, particularly in marine insurance and global conflict-related risks, with notable clients like Convex Insurance.
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