We are excited to announce the acquisition of NaviRisk and the CoRIE platform by Spraoi! NaviRisk has been a trusted partner of ours, and through integration of CoRIE with our continuous delivery infrastructure, we can provide a comprehensive life and annuities machine learning suite to our clients which includes policyholder lapse predictions.
With this acquisition, Spraoi continues to expand machine learning offerings to better serve our clients across insurance lines and functions. The NaviRisk team will move into Spraoi’s Bangalore, India development center. With the addition of NaviRisk’s Sandeep Patil to our India leadership team, Spraoi looks forward to continue incubating enhanced solutions and offerings, now expanding into the actuarial space.