Hong Kong-based InsurTech company Avo Insurance has signed a partnership with investment management firm Two Sigma.
The deal will see Two Sigma provide data analytics and technology support in four key areas: data analytics; precision marketing and channel optimisation; dynamic pricing; and fraud detection, according to Marketing Interactive.
Winnie Wong, executive director and CEO of Avo Insurance, told Marketing Interactive that the team-up will enable the InsurTech startup founded in 2018 to deliver more breakthrough in the insurance industry.
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