Greater Than unveils Japanese subsidiary

Greater Than, the insurtech provider that uses artificial intelligence to predict and price motor risk, has established a wholly-owned subsidiary in Japan.

Greater Than highlighted the positive business opportunities in the region and said the new office will help it develop and capitalise on existing customer accounts in Japan.

The insurtech provider has long sought to sell its AI actuarial risk model, insurance and mobility products in Japan, and already has a partnership with local institutions including Mitsui Sumitomo Insurance Group.

Liselott Johansson, chief executive officer of Greater Than, said: "The trust our partners in Japan place in us is high, and this step will further strengthen that trust. Our investment in Japan underlines our commitment to our Japanese partners and the markets they operate on."

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