Start Ventures

🎉 Congratulations to Claims Carbon for being nominated for the Nordic Fintech Awards! 🏆👏 Espen, Markko, and Niklas are leading the charge in transforming the insurance industry by helping top insurers take control of their #CSRD Scope 3 emissions. Their work is a game-changer for sustainable insurance operations 🌍 We're proud to support the net-zero transformation in the #insurance industry! 🚀

🚀 𝐇𝐨𝐰 𝐀𝐈 𝐢𝐬 𝐑𝐞𝐬𝐡𝐚𝐩𝐢𝐧𝐠 𝐭𝐡𝐞 𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 🚀   (The future of insurance is here, and it's powered by AI.)   As premiums rise and consumer expectations shift, the insurance industry faces new challenges. But with challenge comes opportunity.   AI agents are transforming the way insurers operate—𝐡𝐲𝐩𝐞𝐫-𝐩𝐞𝐫𝐬𝐨𝐧𝐚𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧, 𝐨𝐩𝐭𝐢𝐦𝐢𝐳𝐞𝐝 𝐮𝐧𝐝𝐞𝐫𝐰𝐫𝐢𝐭𝐢𝐧𝐠, 𝐚𝐧𝐝 𝐞𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐭 𝐜𝐥𝐚𝐢𝐦𝐬 𝐦𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 to the forefront.   Here’s what you need to know: 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 & 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲: AI is projected to add $1.1T in value, with 85% of CEOs expecting a strong ROI within 5 years.   𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫-𝐂𝐞𝐧𝐭𝐫𝐢𝐜 𝐀𝐩𝐩𝐫𝐨𝐚𝐜𝐡: From personalized policy recommendations to 24/7 digital support, AI is meeting the modern consumer's demand for convenience.   𝐏𝐫𝐨𝐚𝐜𝐭𝐢𝐯𝐞 𝐑𝐢𝐬𝐤 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭: With AI, insurers can predict and prevent risks, moving beyond traditional reactive models. 💡 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐨𝐮𝐫 𝐜𝐚𝐫𝐨𝐮𝐬𝐞𝐥 𝐛𝐞𝐥𝐨𝐰 𝐭𝐨 𝐬𝐞𝐞 𝐡𝐨𝐰 𝐀𝐈 𝐢𝐬 𝐫𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐢𝐳𝐢𝐧𝐠 𝐢𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞   How is your company leveraging AI? Let’s discuss in the comments!   🔁 𝐑𝐞𝐩𝐨𝐬𝐭 𝐭𝐡𝐢𝐬 to help your network stay ahead of industry trends!

🚨 𝐇𝐨𝐰 𝐜𝐚𝐧 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬 𝐛𝐞 𝐩𝐫𝐨𝐭𝐞𝐜𝐭𝐞𝐝 𝐟𝐫𝐨𝐦 𝐞𝐯𝐨𝐥𝐯𝐢𝐧𝐠 𝐟𝐫𝐚𝐮𝐝 𝐭𝐚𝐜𝐭𝐢𝐜𝐬? 🚨   Fraud is getting smarter, but so are the solutions designed to combat it.   💡 𝐒𝐰𝐢𝐩𝐞 𝐭𝐡𝐫𝐨𝐮𝐠𝐡 the slides below see how these innovations are protecting businesses: 𝐏𝐫𝐞𝐯𝐞𝐧𝐭𝐢𝐨𝐧 & 𝐄𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧: Tools like eKYC/eKYB and multi-factor authentication that are redefining security. 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐝 𝐃𝐞𝐭𝐞𝐜𝐭𝐢𝐨𝐧: Predictive AI and document authentication are your new allies in spotting and responding to fraud. 𝐀𝐈 & 𝐌𝐚𝐜𝐡𝐢𝐧𝐞 𝐋𝐞𝐚𝐫𝐧𝐢𝐧𝐠: From analyzing behavioral patterns to detecting deepfakes, these technologies are essential in the modern fight against fraud.   🔁 𝐑𝐞𝐩𝐨𝐬𝐭 𝐭𝐡𝐢𝐬 to help others in your network stay protected

🔍 𝐀𝐈 𝐀𝐠𝐞𝐧𝐭𝐬: 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐢𝐧𝐠 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐁𝐚𝐧𝐤𝐢𝐧𝐠  💡 AI agents are revolutionizing the banking industry, driving hyper-personalization and efficiency like never before. We are particularly excited to see the impact in these areas: 🤝 𝐏𝐞𝐫𝐬𝐨𝐧𝐚𝐥𝐢𝐳𝐞𝐝 𝐁𝐚𝐧𝐤𝐢𝐧𝐠 𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞𝐬: AI creates one-on-one client experiences that enhance satisfaction and boost revenues. 📊 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐭 𝐂𝐥𝐢𝐞𝐧𝐭 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭: Harnessing data analytics for better, faster customer responses. 🚀 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐏𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐯𝐢𝐭𝐲: AI enhances productivity by up to 30%, allowing banks to operate smarter. 🔍 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐲 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞: Staying ahead of ever-evolving regulations with cutting-edge risk management solutions. 💡 𝐖𝐡𝐲 𝐢𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬: In an era where customer experience is king, AI agents enable banks to offer tailored services that meet individual needs, setting new standards for client interaction.   🔔 𝐉𝐨𝐢𝐧 𝐭𝐡𝐞 𝐂𝐨𝐧𝐯𝐞𝐫𝐬𝐚𝐭𝐢𝐨𝐧: How do you see AI agents shaping the future of banking? Share your thoughts in the comments!

🔍 𝐖𝐡𝐲 𝐀𝐈-𝐄𝐧𝐚𝐛𝐥𝐞𝐝 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐕𝐂 At Start Ventures, we believe AI-enabled services are the next big thing in tech. This shift opens immense potential for improving business efficiency and scalability 🚀 Want to know why? Read the full article here: https://lnkd.in/dFPRpuEG Share your thoughts below! 💬 Check out the companies we mentioned 👇 Rodrigo B. - Condoroo Pavel G. - ClaimSorted Waseem Daher - Pilot.com

🚨 The Evolving Landscape of Fraud Worries Us 🚨 As our digital presence expands, it’s crucial to recognize the challenges we face: 🔒 Our cybersecurity habits aren’t keeping pace with our online activity. 💸 P2P payments are becoming more popular, yet they come with the risk of irreversible transfers. 🤖 Deepfakes and Generative AI are equipping fraudsters with sophisticated tools. That is why we proactively invest in companies that enable fraud detection, ensuring the safety and security of our communities Take a look at: Fraudio:  AI-driven fraud detection and AML solutions for payments (João Moura Nathan Trousdell) Elucidate: AI-driven risk management solutions for financial crime prevention (Shane Riedel Filipe Garcia) Kirontech: AI-driven solutions for fraud detection in health insurance (Omar Chebli) Youverse: Developer-first face authentication for enhanced biometric security solutions (Pedro Torres Miguel Lourenço)

🚀 The VC Academy 2024 just started 🚀 Our summer interns will be spending the month of July, studying interesting Fintech and Insurtech market trends, supporting our portfolio companies, and performing DD on potential investments. We are looking forward to sharing our knowledge with Alexandre Sacavém, Dylan Fanico, Filipe Craveiro, Leonardo Boi, Leone Carpi, and Margarida Paneiro as well as learning from their contribution 🤓 Let's find the next Big Thing!

WE ARE HIRING 💥 We're looking for a Finance & Operations Analyst to join the team and help us with financial reporting & liquidity management, as well as operations and investor relations.  Apply in the link below 🚀 https://lnkd.in/d-j9vSaJ

MICA brought challenges for those in the financial sector... but it also unlocked new opportunities 🌐💡 Join our Executive Director, João Freire de Andrade, at the PLMJ Think Tank as he explores how Fintech investments have evolved post-MICA Don't miss out!

Are you going to the The ITC DIA Europe Community? Next week, Rafik Shamsudin will be attending the conference in Amsterdam! Reach out if you want to connect #Innovation #Insurtech #Conference