Vesttoo, an Israeli startup that specializes in data-driven AI-based risk management solutions for the P&C and L&P markets, has been selected to join IBM Alpha Zone Accelerator's 11th class, the company announced Thursday.
Vesttoo uses cutting-edge technologies to transfer general insurance, lapse, mortality and longevity risk to the capital markets. The Alpha Zone Accelerator will provide global exposure and partnership with IBM, technology architecture design consulting and networking and guidance from mentors in the field.
Follow Israel Hayom on Facebook and Twitter
"We are very excited to participate in this year's Alpha Zone program and work in such an innovative environment. We look forward to collaborating with IBM and taking advantage of their expertise in technological solutions in order to improve our product," said Vesttoo CEO Yaniv Bertele.
