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Talem AI
Canada
01 Jan 2017 (8 Years)
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A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Talem AI
Company Information
Get to know Talem AI
Talem is an artificial intelligence company focusing on crash, injury, and billing analysis within auto claims. The core mission is the development of novel, value-add solutions for insurers surrounding the prediction, treatment, payment, and adjudication of claims involving bodily injuries. We are relentlessly focused on bringing innovation to the bodily injury arena in a fashion similar to those who have brought innovations to address damage to the vehicle before us. The foundation of the Talem platform was built to analyze photos of vehicles post-accident and deliver predictions related to the impact, forces, and damage to the human body – rather than the vehicle. This foundation and additional feature set are specifically designed to materially impact key areas of the claim lifecycle through a data-driven focus on injury causation and the recovery of an injured party. What we have learned throughout our journey is that insurers do not have a solid grasp of injuries until late in the claim lifecycle. This reactive approach to bodily injury management opens opportunities for the increased claim and operational costs, a growing number of open claims, and a higher likelihood of undetected fraud. Talem's approach provides a fundamental shift to earlier, more proactive management and data-driven insights which has proven to be successful. We have demonstrated up to a 90% reduction of service referral time, 50% reduction of adjuster handle time for medical bill processes, greater than 500k annual handle time savings, and an indication of 50% savings on services with a Talem subscription vs traditional transactional approach. To execute on our vision we have assembled a team of experts in injury science, technology, and insurance operations. Our team members have, on average, twenty years of experience in the management of automotive injuries, medical claims management, end-to-end insurance services and operations, occupant kinematics, injury causation and rehabilitation, and highly sophisticated data & analytics tools and methods. Including, but not limited to, Artificial Intelligence (AI), Machine Learning (ML), Natural Language Processing (NLP), Intelligent Document Processing (IDP), and Optical/Intelligent Character Recognition (O/ICR).
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- Financial InsurancePRIMARY
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