Friday, March 29, 2024
-Advertisement-
Reimagining Public Sector Analytics
Reimagining Public Sector Analytics
HomeNewsEnterprise ITCES 2018: InsureMyTrip launches SMART System to compare and buy travel insurance

CES 2018: InsureMyTrip launches SMART System to compare and buy travel insurance

Follow Tech Observer on Google News

At CES 2018, InsureMyTrip has launched their SMART System, a new platform that will help consumers compare and buy travel insurance.

Google News

At , has launched their SMART System, a new platform that will help consumers compare and buy . Company claimed that SMART is the sophisticated algorithm developed specifically for travel insurance. “Travelers can have vastly different coverage needs, and SMART's goal is to deliver what's most important for each of them. Combining continuous learning through user interactions, vast libraries of data collected from past travelers, and the thousands of coverage options, SMART recommends the right plan for every traveler,” said company.

“For the first time, predictive models and Machine Learning (ML) techniques are being applied to travel insurance comparison. As we continue to pioneer the technology in this space, we anticipate continued and highly visible improvement to the comparison and purchase experiences for our end users,” says InsureMyTrip Director of Technology & Architecture Andy Bent, who leads the team responsible for SMART.

The technology was announced by InsureMyTrip CEO Jim Grace to industry leaders during the AIG Risk + Innovation “Future of Travel” event at CES 2018, informed the company.

“This pro-consumer technology is a real game changer for the entire insurance industry. SMART enables consumers to make confident buying decisions and encourages travel insurance companies to strengthen products to address the ever changing needs of travelers,” says InsureMyTrip CEO Jim Grace. “Our SMART technology is the dawn of a new era in travel insurance.”

SMART by InsureMyTrip is a proprietary algorithm that taps into thousands of data points to find the right travel insurance plan for any traveler. SMART delivers travel insurance quote results that match customer needs.

Get the day's headlines from Tech Observer straight in your inbox

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
Tech Observer Desk
Tech Observer Desk
Tech Observer Desk at TechObserver.in is a team of technology reporters led by a senior editor who brings latest updates and developments from the world of technology.
- Advertisement -
Reimagining Public Sector Analytics
Reimagining Public Sector Analytics
- Advertisement -Veeam
- Advertisement -Reimagining Public Sector Analytics
- Advertisement -ESDS SAP Hana

Subscribe to our Newsletter

83000+ Industry Leaders read it everyday

By subscribing you agree to our Privacy Policy, T&C and consent to receive newsletters and other important communications.
- Advertisement -

How AI power struggle opens up new frontier in global geopolitics

The far-reaching influence AI has on information processing, national security, military operations, the economy, and strategic decision-making is set to reshape the geopolitical landscape and redefine the power dynamics between nations.

RELATED ARTICLES