Qraft Tech and Hana Life Partner To Deliver AI-powered Insurance Products By CIOTechOutlook Team

Qraft Tech and Hana Life Partner To Deliver AI-powered Insurance Products

CIOTechOutlook Team | Thursday, 15 February 2024, 02:34 IST

Qraft Innovations, a main contribute tech organization developing artificial intelligence (AI) solutions, reports the send off of three extra factor life coverage subsidizes fueled by Qraft's proprietary AI models. The new assets were created in organization with Hana Life coverage, an auxiliary of Hana Monetary Gathering, include: The simulated intelligence US Value Asset, computer based intelligence US Security Asset, and artificial intelligence Worldwide All-Climate Multi-Resource Asset which initially came to showcase on February first.

Designed specifically to address the needs of investors of insurance products that require steady and stable returns, Qraft’s AI models are being harnessed by Hana Life’s variable funds to quickly identify complex investment trends through the analysis of vast amounts of financial market data to proactively manage risks and adjust risk exposure to the funds' asset classes, as per business wire.

"We are excited by the prospects for the new funds based on our previous achievements together between Hana Life and Qraft over the past five years,” says Marcus Kim, CEO of Qraft Technologies. “Qraft's AI engine has effectively managed market risks using AI models even in uncertain market conditions."

Crossing a relationship that started in 2019, Qraft and Hana Life have now brought to showcase a sum of six computer based intelligence controlled reserves that fall under the Hana Life Variable Life coverage Series. The past three items include: man-made intelligence Worldwide Value Asset, artificial intelligence Worldwide Value Adjusted 60 Asset, and computer based intelligence Worldwide Value Adjusted 70 Asset.

Qraft Technologies is a fintech organization planning to drive development in the resource the board business through its advancements in artificial intelligence (AI) and effective money management. Qraft offers an assortment of artificial intelligence (AI) fueled venture arrangements, including a security determination motor, resource designation motor, robo-warning arrangement and a man-made intelligence request execution framework.