Harel Insurance and Finance Group Partners with Multyx to Enhance AI Capabilities in the Cloud

The Partnership between Harel and Multyx enhances the power of Artificial Intelligence (AI) in the insurance industry with advanced solutions

GARDEN CITY, N.Y., March 10, 2025 /PRNewswire/ -- Harel Insurance and Finance Group continues to lead the data and AI transformation in the insurance industry through its innovative cloud environment. The company now announces a partnership with Multyx, a technology company offering an advanced SaaS platform for incorporating AI, ML, and GenAI solutions within Harel's technology infrastructure and business applications.

The partnership with Multyx is another step in Harel Group's data strategy to collaborate with emerging companies and technology firms quickly and efficiently. The platform, leveraging a combination of advanced hardware and software technologies in the cloud, enables the adoption of AI solutions that were previously not feasible, as well as significantly shortening and streamlining the testing, integration, and deployment process of these solutions within Harel's technology infrastructure.

Harel Group's new platform offers numerous advantages which promote business growth and improve customer experience. These include accelerating innovation, strengthening collaborations, cost savings, and enhancing decision-making processes, all while optimally leveraging cloud capabilities and new technologies available through it.

Shai Galila CIO of Harel Insurance and Finance Group and CEO of its technology arm stated: "We are proud to continue leading in the adoption of AI capabilities and technologies. Partnering with Multyx enables us to develop and adopt new data-driven applications, thereby streamlining business processes and offering our customers innovative and advanced solutions."

Dr. Ophir Holder, CEO & Co-Founder of Multyx, added: "We are excited to collaborate with Harel Insurance and Finance Group. Our unique platform will enable Harel to continue leading in the insurance and finance sector by efficiently and rapidly adopting data-driven AI and ML technologies and business solutions that were previously difficult and expensive to implement or entirely unfeasible. This is achieved while allowing Harel to optimally leverage advanced hardware and software technologies in the cloud."

Contact Details:
Daniel Translateur, [email protected], +972542448567

SOURCE Multyx