TOKYO -- Japanese trading house Itochu invested recently in Moter Technologies, a U.S. software developer that uses artificial intelligence to score accident risk for auto insurance, Nikkei has learned.
Insurance
Japan's Itochu buys into US insurance software developer Moter
Aioi Nissay spinoff's AI tech analyzes vehicle data to determine driver risk
Itochu will help develop sales channels for Moter Technologies in the U.S. and Asia. (Photo by Yuki Nakao)
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