Latest news with #RamyaBabu
Yahoo
23-05-2025
- Business
- Yahoo
Prudential Financial to leverage Neutrinos AI for life business
Simplified Solutions, a unit within Prudential Financial's Individual Life Insurance business, has signed a technology vendor agreement with Neutrinos. The alliance will leverage Neutrinos' AI capabilities to provide a digital experience for life insurance customers through Simplified Solutions' network of embedded distribution partners in the US. The initiative is part of Simplified Solutions' efforts to bridge the insurance coverage gap with distribution partnerships that extend insurance access. The partnership will use combined solutions to target underserved markets with lower-cost life insurance products. Neutrinos US business co-founder and president Ramya Babu said: 'We are honoured to support PFI Simplified Solutions in transforming and expanding how insurance offerings are distributed. Our AI-powered automation platform enables touchless operations and intelligent servicing at scale, helping Prudential serve new customer segments with unmatched speed, efficiency and personalisation. 'At its core, this venture is about meeting customers where they are and providing opportunities to get insured in digital environments they already trust and use.' In March, Neutrinos launched its Underwriting Automation Suite, which enhances underwriting workflows and assists in risk assessment for the life, annuities and health insurance sectors. Neutrinos specialises in intelligent automation for the insurance industry, offering tools such as an AI composer and orchestrator designed to automate and optimise processes including underwriting, claims management and distribution channels. Meanwhile, in January, Prudential Financial was in the news for agreeing to reinsure a portion of its Japanese whole life insurance policies with a Prismic Life unit. "Prudential Financial to leverage Neutrinos AI for life business " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Finextra
21-05-2025
- Business
- Finextra
Neutrinos signs Prudential Financial
Neutrinos announced today its latest technology vendor agreement, partnering to support the Simplified Solutions organization of U.S. based Prudential Financial Inc.'s (PFI) Individual Life Insurance business. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Through this agreement, the Simplified Solutions team will leverage Neutrinos' AI-driven platform as an end-to-end digital experience for individuals and families to obtain life insurance solutions from Simplified Solutions' growing network of embedded U.S. distribution partners. "We're honored to support PFI Simplified Solutions in transforming and expanding how insurance offerings are distributed," said Ramya Babu, co-founder and president, U.S. Business at Neutrinos. "Our AI-powered automation platform enables touchless operations and intelligent servicing at scale, helping Prudential serve new customer segments with unmatched speed, efficiency, and personalization." Leveraging the Neutrinos platform allows Simplified Solutions to transform its digital ecosystem and provide streamlined buying experiences for customers affiliated with its network of embedded distribution partners. This is a key strategic step forward in Simplified Solutions' phased start-up approach for growth and long-term success. Currently, there are 102 million adults in the U.S. who believe that they lack or need more life insurance, according to the latest Insurance Barometer Study by LIMRA and Life Happens. Simplified Solutions is helping to close this insurance coverage gap by establishing embedded distribution partnerships that expand access for more individuals — particularly those who are not doing business within the traditional insurance space. The collaboration between Simplified Solutions and Neutrinos brings together next-generation solutions and a differentiated approach for reaching underserved markets with simpler, lower-cost life insurance products that are quick and easy to obtain. "At its core, this venture is about meeting customers where they are and providing opportunities to get insured in digital environments they already trust and use," added Babu.
Yahoo
21-05-2025
- Business
- Yahoo
Neutrinos Selected by Prudential Financial Inc. to Help Expand Access to Life Insurance Products in the U.S.
New technology vendor agreement with Simplified Solutions organization of PFI's Individual Life Insurance business designed to reach U.S. mass middle market consumers NEW YORK and SINGAPORE , May 21, 2025 /PRNewswire/ -- Neutrinos announced today its latest technology vendor agreement, partnering to support the Simplified Solutions organization of U.S. based Prudential Financial Inc.'s (PFI) Individual Life Insurance business. Through this agreement, the Simplified Solutions team will leverage Neutrinos' AI-driven platform as an end-to-end digital experience for individuals and families to obtain life insurance solutions from Simplified Solutions' growing network of embedded U.S. distribution partners. "We're honored to support PFI Simplified Solutions in transforming and expanding how insurance offerings are distributed," said Ramya Babu, co-founder and president, U.S. Business at Neutrinos. "Our AI-powered automation platform enables touchless operations and intelligent servicing at scale, helping Prudential serve new customer segments with unmatched speed, efficiency, and personalization." Leveraging the Neutrinos platform allows Simplified Solutions to transform its digital ecosystem and provide streamlined buying experiences for customers affiliated with its network of embedded distribution partners. This is a key strategic step forward in Simplified Solutions' phased start-up approach for growth and long-term success. Currently, there are 102 million adults in the U.S. who believe that they lack or need more life insurance, according to the latest Insurance Barometer Study by LIMRA and Life Happens. Simplified Solutions is helping to close this insurance coverage gap by establishing embedded distribution partnerships that expand access for more individuals — particularly those who are not doing business within the traditional insurance space. The collaboration between Simplified Solutions and Neutrinos brings together next-generation solutions and a differentiated approach for reaching underserved markets with simpler, lower-cost life insurance products that are quick and easy to obtain. "At its core, this venture is about meeting customers where they are and providing opportunities to get insured in digital environments they already trust and use," added Babu. About Neutrinos: Neutrinos is the leading AI-powered intelligent automation platform purpose-built for the insurance industry. At the core of our offering is the industry's most advanced agentic AI composer and orchestrator, designed specifically to automate and optimize complex, end-to-end insurance processes. From underwriting and claims to distribution, our platform empowers insurers with deep domain expertise, intelligent automation, and pre-built accelerators to drive faster innovation, operational efficiency, and seamless omni-channel experiences. Learn more at Media Contact: pressrelation@ Logo - View original content to download multimedia: SOURCE Neutrinos Sign in to access your portfolio
Cision Canada
21-05-2025
- Business
- Cision Canada
Neutrinos Selected by Prudential Financial Inc. to Help Expand Access to Life Insurance Products in the U.S.
New technology vendor agreement with Simplified Solutions organization of PFI's Individual Life Insurance business designed to reach U.S. mass middle market consumers NEW YORK and SINGAPORE , May 21, 2025 /CNW/ -- Neutrinos announced today its latest technology vendor agreement, partnering to support the Simplified Solutions organization of U.S. based Prudential Financial Inc.'s (PFI) Individual Life Insurance business. Through this agreement, the Simplified Solutions team will leverage Neutrinos' AI-driven platform as an end-to-end digital experience for individuals and families to obtain life insurance solutions from Simplified Solutions' growing network of embedded U.S. distribution partners. "We're honored to support PFI Simplified Solutions in transforming and expanding how insurance offerings are distributed," said Ramya Babu, co-founder and president, U.S. Business at Neutrinos. "Our AI-powered automation platform enables touchless operations and intelligent servicing at scale, helping Prudential serve new customer segments with unmatched speed, efficiency, and personalization." Leveraging the Neutrinos platform allows Simplified Solutions to transform its digital ecosystem and provide streamlined buying experiences for customers affiliated with its network of embedded distribution partners. This is a key strategic step forward in Simplified Solutions' phased start-up approach for growth and long-term success. Currently, there are 102 million adults in the U.S. who believe that they lack or need more life insurance, according to the latest Insurance Barometer Study by LIMRA and Life Happens. Simplified Solutions is helping to close this insurance coverage gap by establishing embedded distribution partnerships that expand access for more individuals — particularly those who are not doing business within the traditional insurance space. The collaboration between Simplified Solutions and Neutrinos brings together next-generation solutions and a differentiated approach for reaching underserved markets with simpler, lower-cost life insurance products that are quick and easy to obtain. "At its core, this venture is about meeting customers where they are and providing opportunities to get insured in digital environments they already trust and use," added Babu.
Yahoo
21-05-2025
- Business
- Yahoo
Neutrinos Selected by Prudential Financial Inc. to Help Expand Access to Life Insurance Products in the U.S.
New technology vendor agreement with Simplified Solutions organization of PFI's Individual Life Insurance business designed to reach U.S. mass middle market consumers NEW YORK and SINGAPORE , May 21, 2025 /CNW/ -- Neutrinos announced today its latest technology vendor agreement, partnering to support the Simplified Solutions organization of U.S. based Prudential Financial Inc.'s (PFI) Individual Life Insurance business. Through this agreement, the Simplified Solutions team will leverage Neutrinos' AI-driven platform as an end-to-end digital experience for individuals and families to obtain life insurance solutions from Simplified Solutions' growing network of embedded U.S. distribution partners. "We're honored to support PFI Simplified Solutions in transforming and expanding how insurance offerings are distributed," said Ramya Babu, co-founder and president, U.S. Business at Neutrinos. "Our AI-powered automation platform enables touchless operations and intelligent servicing at scale, helping Prudential serve new customer segments with unmatched speed, efficiency, and personalization." Leveraging the Neutrinos platform allows Simplified Solutions to transform its digital ecosystem and provide streamlined buying experiences for customers affiliated with its network of embedded distribution partners. This is a key strategic step forward in Simplified Solutions' phased start-up approach for growth and long-term success. Currently, there are 102 million adults in the U.S. who believe that they lack or need more life insurance, according to the latest Insurance Barometer Study by LIMRA and Life Happens. Simplified Solutions is helping to close this insurance coverage gap by establishing embedded distribution partnerships that expand access for more individuals — particularly those who are not doing business within the traditional insurance space. The collaboration between Simplified Solutions and Neutrinos brings together next-generation solutions and a differentiated approach for reaching underserved markets with simpler, lower-cost life insurance products that are quick and easy to obtain. "At its core, this venture is about meeting customers where they are and providing opportunities to get insured in digital environments they already trust and use," added Babu. About Neutrinos: Neutrinos is the leading AI-powered intelligent automation platform purpose-built for the insurance industry. At the core of our offering is the industry's most advanced agentic AI composer and orchestrator, designed specifically to automate and optimize complex, end-to-end insurance processes. From underwriting and claims to distribution, our platform empowers insurers with deep domain expertise, intelligent automation, and pre-built accelerators to drive faster innovation, operational efficiency, and seamless omni-channel experiences. Learn more at Media Contact: pressrelation@ Logo - View original content to download multimedia: SOURCE Neutrinos View original content to download multimedia: Sign in to access your portfolio
