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Premium Credit’s Offen says AI will improve its 'responsiveness'

Giles Offen, chief product and technology officer at Premium Credit

Agentic AI will enable Premium Credit to be more responsive to firms as well as test ideas to avoid cost largely investments, said its chief product and technology officer Giles Offen.

Offen said agentic code, written by autonomous AI with limited human intervention, means it can deliver on its ambition to accelerate processes for insurance firms such as testing new integrations or

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Amdocs buys EIS as insurtech giants consolidate

Major software and services provider Amdocs has entered the insurtech space by snapping up EIS for $340m (£250.14m) up-front, with further payments tied to the business achieving certain performance targets.

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