PR Newswire
03 Apr 2023, 17 GMT+10
SINGAPORE, April 3, 2023 /PRNewswire/ -- Voicesense and Bizbaz announce a new joint product called Perisai-Malay for Shield. Specifically designed for insurance, reinsurance, health and wellness companies, Perisai builds on the partners' existing cooperation in finance, e-commerce, mental health and fintech where they provide comprehensive customer intelligence and risk assessment capabilities in the Asia-Pacific region.
For the first time in Asia, Perisai delivers actionable behavioral insights about customers including their risk-taking attitudes (such as impulsiveness and conscientiousness) and fraudulent probabilities (such as intent and integrity). The product provides information about health and wellness for both mental and physical conditions, i.e. heart disease, stroke probability, diabetes, common cancers, depression, and lifestyle choices (exercise, shopping habits, etc.).
Perisai launches in Asia with European and U.S. rollouts following in Q3 2023.
Hayk Hakobyan, CEO of Bizbaz (Singapore), states, "We are thrilled to expand our unique digital health and wellbeing capabilities for the insurance industry - first in Asia and then worldwide." He continued, "Perisai provides the insurance industries with a comprehensive risk solution to better help manage risk and make more informed decisions."
Perisai applications support insurance groups' customer profiling during their policy assessment and approval process, while also streamlining policy claim-related processes and timelines. Perisai will offer real-time insurance risk and health assessment through bespoke analytical reports. This allows companies to track and manage customer risk throughout the entire customer lifecycle using cutting-edge technology for health assessments (using phone data and selfie images), applied behavioral sciences and machine learning-based prediction analytics.
Hafeez Jacobson, CEO of Voicesense, states, "I'm particularly excited that our language-agnostic and comprehensive assessment capabilities allow Perisai to deploy immediately throughout Asia." He also notes that Perisai will not only enhance existing risk assessment tools but also use its unique technology to immediately predict probabilities of future claims.
The management of the joint venture also stated that they plan to further expand their Asian footprint into various sectors, including health, wellbeing, human capital and recruitment, e-commerce, fin-tech and insurance across multi sectors.
Bizbaz, which is backed by HSBC Asset Management, took an equity position in Voicesense in 2023.
Company Profiles -
Voicesense is the leading vocal biomarker using machine learning to provide predictive behavior patterns, personality characteristics and overall wellness assessments. Voicesense's SaaS-based product overcomes language, culture, gender and individual differences to provide real-time analytics.
Voicesense has clients globally, supported by offices in the Middle East, Europe and North America, with planned expansion to Singapore in 2023.
Bizbaz's mission is to reinvent & dramatically improve the risk assessment process by using all meaningful digital footprints to provide fully comprehensive customer profiling empowering organizations to serve both banked & unbanked populations.
Bizbaz's main market is currently serving Asian-based companies, with Bizbaz offering a set of unique and versatile solutions, which use the latest findings from behavioral sciences and machine learning, enabling highly predictive and actionable customer intelligence and risk assessment.
Media contact - Omri Burstein, [email protected]
Get a daily dose of Singapore Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Singapore Star.
More InformationWASHINGTON D.C.: The Federal Aviation Administration has said that a drone sighting disrupted some flights at Pittsburgh International Airport this ...
PORTLAND, Oregon: A federal trial has begun in Portland, Oregon examining the constitutionality of a stringent gun control law approved ...
PHILADELPHIA, Pennsylvania: Philadelphia Mayor Jim Kenney and members of the city's historical commission have been sued by a group which ...
LANSING, Michigan: Michigan's Department of Natural Resources said by a wildfire in the state has burned through more than 3 ...
ISTANBUL, Turkey: In an interview with Reuters, Willie Walsh, director-general of the International Air Transport Association, (IATA), said airlines are ...
SACRAMENTO, California: Sixteen migrants from Venezuela and Colombia, who had entered the United States through Texas, were transported to California ...
FREMONT, California: Elon Musk's brain implant startup Neuralink, valued at some $2 billion during a private fundraising round two years ...
NEW YORK, New York - U.S. stocks moved higher Thursday as investors and traders took a break from their recent ...
LISBON, Portugal: Carsten Spohr, Chief Executive of Lufthansa, has said that as Portugal's government is still debating whether to sell ...
NEW YORK, New York - U.S. stocks were divided on Wednesday, with the technology and industrial sectors parting ways.Tech stocks ...
HOLLYWOOD, California: More than tripling the debut of its 2018 animated original predecessor, Sony Pictures' "Spider-Man: Across the Spider-Verse" opened ...
PARIS, France: European plane manufacturer Airbus is reported to be close to a record agreement to sell 500 narrow-body jets ...