TORONTO, ON, FEB 8, 2023 – Private AI, a leading data privacy solution provider, announced that they’ve joined Guidewire’s Insurtech Vanguards program, an initiative led by property and casualty (P&C) cloud platform provider, Guidewire (NYSE: GWRE), to help insurers learn about the newest insurance technologies and how to best leverage them.
“One of the biggest concerns of insurance companies today is guaranteeing data privacy and protection for their customers,” says Private AI’s CEO Patricia Thaine. “We are honoured to join the innovative community of Guidewire’s Insurtech Vanguards program and do our part to guide the industry to manage – and protect – their sensitive data.”
Insurtech Vanguards is a community of select startups and technology providers that are bringing novel solutions to the P&C industry. As part of the program, Guidewire provides strategic guidance to and advocates for the participating insurtechs, while connecting them with Guidewire’s P&C customers.
“We are thrilled to welcome Private AI to the Insurtech Vanguards program,” said Laura Drabik, Chief Evangelist, Guidewire. “The company’s cutting-edge AI solutions for data privacy are a prime example of the elite and innovative technology insurtechs are bringing to the P&C industry.”
Private AI’s AI-powered solution automatically detects and replaces over 50 different types of personally identifiable information (PII) in over 47 languages. The solution allows companies to keep valuable and applicable data while still complying with privacy regulations.
About Private AI
Founded by privacy and machine learning experts from the University of Toronto, Private AI’s mission is to create the privacy layer for software to enable privacy by design and effective compliance with current regulations such as the GDPR. Processing data using artificial intelligence helps to combine cybersecurity and privacy for a safer internet. Find out more at: https://www.private-ai.com/