Kingstone (KINS) said Thursday that it partnered with Kyber Technologies to use the latter's artificial intelligence-enabled service to automate its claims correspondence.
The company expects Kyber's technology to streamline administrative tasks related to its claims correspondence and boost efficiency, according to the statement. No financial terms were disclosed.
Shares of Kingstone were down more than 4% in recent Thursday trading.
Price: 16.98, Change: -0.84, Percent Change: -4.74
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