Open GI invests in machine learning specialist

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InsurTech Futures: Software house says deal with Machine Learning Programs will enhance its proposition to brokers, insurers and MGAs.

Open GI has invested in InsurTech specialist Machine Learning Programs (MLP), Insurance Age can reveal.

MLP was founded in 2018 and offers a range of machine learning and artificial intelligence (AI) services to the GI and financial markets, which Open GI said can identify predictive behaviours and generate insights from combined datasets.

The software house noted that MLP will become part of the Open GI Group as a result of the investment.

According to Open GI, the move is part of a wider

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