Insurer Innovation started its cycle of Webinars last December under the title "What is Open Data for in insurance companies?" from the hand of Wenalyze, an expert company in Big Data
Wenalyze participates in a webinar convened by the Silicon Valley Insurance Industry Startup Accelerator
Ferrandis participated in the conference on innovations in underwriting along with other leading industry players, who discussed the use of data for risk identification, underwriting, assessment, and pricing, through data analysis, showing different practices to implement all these issues, such as those offered by Wenalyze. This is the first event in which Ferrandis participates with its new responsibility in the startup, after handing over the baton as Chief Data Officer to Rebeca Jimenez.
Wenalyze has been the beneficiary of one of the aids that the City Council of Valencia grants within the call of the Program of subsidies for the development of innovative challenges of the productive sectors in the city of Valencia.
Wenalyze will attend a series of very dynamic sessions organized by the Bundesbank with a wide variety of challenges, including the opportunity to publicly present the business idea
The use of external data is the new trend in the insurance industry
Wenalyze adheres to the European manifesto for covid-19 research in the European Union, promoted by the European Commission.
Wenalyze has been proclaimed runner-up in the ACORD InsurTech Innovation so that its business idea is recognized in an international showcase. Opportunity to participate in a web seminar promoted by ACORD to present its innovation
Wenalyze participated in the 2020 edition of Startup Olé, an online event that is a reference in the field of technology and innovation, held in Salamanca. A total of 261 startups from 23 different countries participated in Startup Olé, as well as 354 key players from all over the world. Due to the coronavirus pandemic, the event, which is normally held in person, will be held 100% online. Wenalyze participates in Startup Ole, an opportunity to present its business model to a large number of investors and large companies that, year after year, come together at this event, which has an enormous networking and investment capacity, which to date has attracted more than 1,500 international innovative companies in search of funding. For this reason,
Wenalyze among the 10 best rated firms among the 132 projects submitted to the ICEX Next programme
Wenalyze is committed to and aligned with the United Nations' sustainable development goals (SDA). To this end, a series of measures have been implemented within the areas of the ODS, such as gender equality, social inclusion, sustainability and environment
Wenalyze will represent EMEA at Zurich Innovation Championship 2020
Wenalyze will analyze the business continuity in the post-COVID scenario for exclusive insurance agencies in Spain, with the aim of having a detailed and individualized perspective of the business survival probabilities in the post-Covid scenario.
The European Commission has begun to make progress in the areas of analysis, data and ethics, and wants to prevent the development of these technologies from taking us down undesirable paths. At Wenalyze we have always been concerned about this and we have taken it into account in every project.
This index uses a standardised rating scale to classify each and every one of the more than 3 million SMEs in Spain, segmenting them by the possibility of business continuity, their strengths and weaknesses and analysing how they have or have not evolved to adapt to this new adverse environment
This is how insurers and public institutions can predict COVID-19 economic impact on small and medium-sized businesses
Emily Flitter for The New York Times published a month ago that many businesses were struggling to stay afloat while waiting for Congress to decide how to deliver these loans (https://www.nytimes.com/2020/04/16/business/coronavirus-sba-loans-out-of-money.html). Lack of time and manual processes are two factors that are having a negative impact on the outcome and timing of these decisions. The problem is clear: the longer businesses have to wait, the greater the chances that they will close. All companies are exploring what capabilities they have to help beat COVID-19 and its negative impact on society and the economy. At Wenalyze, we have found that there is a way where open data can be useful in identifying which businesses are stronger and weaker when facing the economic impact of COVID-19.
Wenalyze will present its solutions aimed at preventing the effects on companies of pandemics such as COVID-19
El Diario ABC, echoed the startups like Wenalyze and emerging companies that have focused all their efforts to address the COVID19 both socially and economically, providing innovation and service to SMEs, insurance companies and financial institutions that require it.
Wenalyze has developed an algorithm that allows to identify if a company is a family business, just by entering the tax number, regardless of its size and turnover.