SOMPO Holdings Establishes New IT Company with US IT Company Nov. 18 19:18
Sompo Holdings, a major non-life insurance company, will start a new service in collaboration with an IT company created by the founder of the US online payment company and PayPal that uses big data to advise businesses on how to improve business efficiency. It was.
Sompo Holdings, a major non-life insurance company, held a press conference in Tokyo on the 18th and announced that it has established a new company jointly with an American IT company, Parantia.
The new company will analyze big data such as vast transaction records and customer information stored in the company, and records of factory operation, etc. to advise the company on how to proceed efficiently, and it seems likely to break down. Providing a system for finding equipment early.
Parantia is an IT company specializing in big data analysis created by Peter Teal, one of the founders of the US online payment giant Paypal. In the United States, Parantia provides services to government agencies and financial institutions.
SOMPO Holdings aims to develop new insurance products through a new company and to strengthen its cyber security business, which has recently been focused on.
President Kengo Hamada said, “By adding Parantia's technology to our precious data, there is a possibility of creating a solution that we could not have thought of before”.