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ASTON iTF finalist in the Insurtech of the Year competition

ASTON iT Insurance, the first B-to-B Insurtech platform dedicated to optimizing Credit Insurance for companies and financial institutions, has been selected as one of the finalists in the Insurtech 2019 competition.

Press release

“The verdict is in: ASTON iTF has been selected as a finalist in the Insurtech of the Year competition.
ASTON iT Insurance, is the 1st B-to-B Insurtech platform dedicated to optimizing Credit Insurance for companies and financial institutions.

Trade receivables and credit insurance:
A priority for SMEs: 20% of bankruptcies are due to payment incidents. However, only 10% of companies worldwide are insured by a credit insurer.

The ASTON iT Insurance 100% SaaS – Cloud – AI platform brings 4 major evolutions:

  • 100% online underwriting and KYC, enabling SMEs to take out credit insurance with an insurer online.
  • Automatic tracking of policies, cross-referenced with the company’s outstanding accounts
  • Automatic calculation of the actual guarantee amount
  • A multi-policy, multi-credit insurer platform. With self-learning AI algorithms: Anti-fraud KPIs, invoice flagging, scoring, automatic limit requests…
ASTON iTF is a white-label Insurtech platform for :
  • Banks: to secure their outstanding loans by optimizing their credit insurance policies, and thus offer more financing to companies
  • Credit insurers: enabling them to offer online sales to the SME market.
To find out the jury’s verdict, join us on October 3 from 10.45am to 12.30pm at the Hémicycle de la Région Île-de-France as part of Insurtech Business Week, organized by the Pole Mondial de compétitivité Finance Innovation.”

For more information: http://astonai.com
Contact Aston iTF: contact@astonai.com

Click here for a demo

Aston AI order to cash

Founded in 2011, ASTON AI, voted Fintech of the Year 2015, has revolutionized the receivables management market in ten years by offering a high-performance, simple, comprehensive and innovative platform. ASTON AI’s platforms benefit from 10 years of continuous technological development and an in-house R&D department dedicated to digital services.

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