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Percipience

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Data analytics platform optimizing insurance data and monitoring solutions.

Overview

Percipience focuses on usage-based insurance data and monitoring solutions. The company offers a platform that collects and analyzes real-time data related to insured behaviors and usage patterns. Its primary product, Data Magnifier, is designed to address data challenges faced by insurance organizations by providing a software solution that is operational upon deployment. This platform consolidates data from various sources, aims to enhance risk assessment accuracy, and supports digital transformation initiatives. Percipience targets insurance companies with the goal of reducing the scope, cost, and risk associated with modernization projects while also simplifying regulatory reporting. The insights provided by Percipience are intended to assist insurers in tailoring premiums and developing new products, which may contribute to improved operational efficiency and customer satisfaction.

Key facts

Founded
2020

Business model

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About Percipience

What does Percipience do?

Percipience focuses on usage-based insurance data and monitoring solutions.

Where is Percipience headquartered?

Percipience is headquartered in Mandeville, United States.

When was Percipience founded?

Percipience was founded in 2020.

Which sector is Percipience in?

Percipience operates in Insurance Technology, part of Financial Technology.

Who are Percipience's competitors?

Companies similar to Percipience include Nova, Magnifact, and Sapientus.