SINGAPORE, Nov 17 (Bernama-BUSINESS WIRE) -- Lydia AI received a Companies-to-Watch award as part of the 2022 Deloitte Technology Fast 50^TM program, a pre-eminent technology awards program that recognizes business growth, innovation, and entrepreneurship.

Lydia AI’s Co-founder CEO, Anthony Lee, credits the company’s success to working with insurers to develop standards for validating state of the art machine learning models. Lee said, “It was not a straight path implementing models in the insurance industry, especially Asia. Our work continues to be figuring out how to use machine learning to help the next billion people safeguard their own health and financial security.”

The Companies-to-watch category is a ranking of Canadian technology companies with the potential to be future Technology Fast 50^TM candidates by their revenue growth percentage over their last three years of operation. The winners of this year’s companies to watch category must have a minimum of $50 thousand in 2019.

“Congratulations to this year’s Companies-to-Watch winners,” commented Anders McKenzie, partner and national leader for the Technology Fast 50 program at Deloitte Canada. “These companies have demonstrated promising growth trajectories and an exemplary ability to seize opportunities even in the face of a challenging economic context. This sets them apart as members of an emerging cohort of tech leaders in Canada. We look forward to keeping an eye on their progress in the months and years to come.”

About the Deloitte Technology Fast 50™ program

Celebrating 25 years, the Deloitte Technology Fast 50 program is Canada’s pre-eminent technology awards program, recognizing business growth, innovation and entrepreneurship in four distinct categories: Technology Fast 50 ranking, Enterprise Fast 15, Clean Technology, and Companies-to-Watch. The 2022 program sponsors include Deloitte, RBCx, Osler, EDC, CBRE, Vector Institute, Council of Canadian Innovators (CCI), Clarity Recruitment, Lafond, and TMX. For further information, visit www.fast50.ca.

About Lydia AI

Lydia AI is an insurtech startup on a mission to protect the next billion people. Insurance companies tap into the company's risk prediction engine to make instant, accurate risk predictions based on alternative data. These actuarially validated scores are used to make personalized recommendations, instantly underwrite, and insure more people. Established in 2015, Lydia AI is backed by Alibaba Entrepreneurs Fund, Information Venture Partners and 500 Global. Offices in Toronto, Taiwan and Singapore.


View source version on businesswire.com: https://www.businesswire.com/news/home/20221116005545/en/

Contact

Media Contact
Nora Chiu
media@lydia.ai

Source : Lydia AI

--BERNAMA