Nearmap’s AI-powered models approved in 27 markets
Insurers can leverage the predictive scores to help price risk.
The decision follows a November request by Italian insurance regulator IVASS to carry out an assessment of actions by former chief executive Giovanni Perissinotto and former chief financial officer Raffaele Agrusti.
“The group CEO has been given the authority to undertake legal proceedings before the employment tribunal, aimed to challenge and contest the settlement agreements reached with Giovanni Perissinotto and Raffaele Agrusti, to cancel the rights granted to Agrusti by the company, to recuperate the amount paid to Perissinotto, and – for both – to claim damages arising from non-performance in the execution of their duties as employees of Generali,” it said in a statement.
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Insurers can leverage the predictive scores to help price risk.
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