Palantir Technologies Inc. (NYSE:PLTR) shares are trading higher premarket Friday.
Sompo, a subsidiary of the company responsible for the insurance and reinsurance operations of Sompo Holdings outside of Japan, has formed a partnership with Palantir for AI solutions.
The contract extends Palantir’s partnership with Sompo Holdings in Japan, enabling the use of Palantir Foundry and the Artificial Intelligence Platform (AIP) to enhance decision-making in pricing, underwriting, and risk management.
Read: Palantir Leader In ‘Rapidly Emerging, Diverse Enterprise AI Market,’ Says Analyst, But Prefers To Stay On Sidelines: Here’s Why
Marine Insurance, a segment in which Sompo has held a prominent position in Brazil since 2017, is the first area where the software has already been integrated as a solution in the pricing processes.
Eduardo ...
