Intellect partners with Coherant

4 Aug 2022 , 01:28 PM

IntellectAI, a Suite of Artificial Intelligence products from Intellect Design Arena, and Coherent, the global software as a service (SaaS) company fast becoming the ubiquitous standard for business logic, today announced a strategic partnership designed to help accelerate underwriting transformation for commercial carriers, brokers, and Managing General Agents. This partnership brings together the ability of Coherent Spark technology to quickly and efficiently convert the business logic trapped in spreadsheets, such as business rules, calculations or data models of any complexity, into ready-to-use APIs that will be used within Intellects Xponent, Intellects no-code underwriting workbench. As a result, Intellect can now offer its customers a simple and intuitive way to use the logic contained in the spreadsheets as part of their underwriting process. With the integration between Xponents no-code product configurator and Coherent Spark, Intellects customers can intuitively transform business, perform rating and pricing, and quickly launch products into the market, in a matter of weeks as opposed to months. Powered by Capital Market – Live News