With our state-of-the-art artificial intelligence solutions, fraud, waste and abuse are identified at source and inefficiencies are reduced across the board. KironAI is the most advanced and specialized AI solution in the healthcare insurance market, and our proprietary algorithms allow the platform to handle millions of complex claims with ease.
By combining the techniques of AI and our extensive industry knowledge of medical claims data, Kirontech will change the way health insurance works for good.
The Kirontech solution
There is a growing consensus that AI technology has a vital role to play in the future of health insurance, in the elimination of fraud, waste and abuse, the streamlining and reinforcing of risk assessment processes, and in network optimization. But how?
Kirontech works with extensive medical claims data, using machine learning AI to improve the bottom line of insurers, third party administrators and reinsurers, and increase quality of care through better monitoring and management of providers.
The Kirontech system uses dynamic “graph–based” learning, which means it discovers rules and patterns from within the data, rather than simply scanning for pre-specified ones; it observes, learns and adapts to new relevant patterns too complicated for the human eye to pick up. The system is ultra-fast and resilient, designed to learn even from scarce data.
The Kironmed health-focused semantic network is the result of integrating multiple publicly available databases, including 50 million medical concepts and relationships. This means that as well as having the technical edge with our own patented algorithms, Kirontech can also apply unique domain knowledge.
By combining claim, risk and network management, Kirontech provides an AI powered Virtual Insurance Platform.
Kirontech is based in Cambridge, an internationally recognized technology hub. With a presence in London, the largest centre for underwriting commercial and specialty risk in the world, Kirontech is perfectly positioned to make use of its top technical and domain expertise to address the serious issues which impede the health insurance business today.
But more than anything else, Kirontech is about its people. With our unique combination of skills and expertise, we work to innovate our industry through the application of a new technology that has already proved its value across many other domains.
Tarek has a PhD in Theoretical Physics and 10 years of executive experience working in the City of London at investment banks such as Salomon Smith Barney, Lehman Brothers, Deutsche Bank and UBS amongst others. After his successful banking career, Tarek became an entrepreneur, and worked in Cleantech for 12 years. Kirontech is his second startup.
Tarek also holds patents in material science, nuclear fusion and machine learning.
Serge brings over 30 years of insurance and reinsurance experience to Kirontech. As CEO of Nasco France, he launched many innovative and highly successful insurance ventures. He was quick to identify the growing need for private medical insurance in emerging economies, and later was instrumental in establishing Mednet as the leading managed care service provider, in association with Munich Re.
Serge is convinced that Artificial Intelligence will reshape the future of health insurance.
Omar has the right combination of business, finance and tech experience necessary to meet the challenges of his role at Kirontech, bringing people and new ideas together. A highly skilled software developer, in a prior life Omar spent over 10 years at investment banks including Merrill Lynch and Deutsche Bank, marketing and structuring fixed income derivatives.
Omar holds degrees in engineering and economics from AUB, LSE, and Imperial College.
Tom has degrees in Economics (LSE) and Physics (UCL) and 20 years of experience in software design, architecture, implementation and management. His broad range of skills from technical to people management has enabled Tom to bring together and manage a state-of-the-art team of software engineers who provide the hands-on-expertise to realise a product as ambitious as the Kirontech software platform.
Tom worked for 15 years in senior IT positions for multiple investment banks in the City of London.