Feb. 25, 2025, Feb. 25, 2025 –
February 25th, 2025 --- Dnotitia, Inc. (Dnotitia), an innovative AI-driven startup that merges artificial intelligence (AI) with data to drive transformative value, has announced a strategic Memorandum of Understanding (MOU) with Finders. Finders, Korea's only insuretech AI startup, is the creator of 'Boinda' (which means 'visible' in Korean), an insurance agent comparison platform, and a hyper-personalized 'AI insurance advisor' solution. Founded in 2019, the company is transforming the insurance market through data-driven innovation --- applying AI-driven analytics to improve transparency, streamline agent-client matching, and simplify the overall insurance purchasing process.
Under this partnership, Dnotitia and Finders plan to apply SLLM (Small Large Language Model), and RAG (Retrieval-Augmented Generation), to enhance the accuracy and usefulness of insurance data analysis. By leveraging optimized AI models and utilizing insurance distribution and sales data, they aim to improve insurers' risk evaluation and underwriting processes, ultimately boosting operational efficiency.
Dnotitia's 'DNA (Dnotitia AI)' foundation model is specifically designed to cater to the linguistic nuances of the Korean market and the complexities of local insurance portfolio. Having achieved top scores in KMMLU, a key benchmark for Korean-language LLM performance, DNA is designed to deliver highly accurate insurance information, enable personalized policy recommendations, and improve customer consultations --- ultimately boosting user satisfaction.
Additionally, the DNA model enables more precise analysis and utilization of insurance-related data, improving insurers' risk assessment accuracy and optimizing coverage recommendations while maximizing operational efficiency. Traditional large language models (LLMs) typically demand substantial computational resources and incur high operational costs, often making them challenging for smaller or mid-sized organizations to adopt. These expenses can hinder businesses from embracing AI-based solutions. However, Dnotitia's optimized lightweight architecture maintains high AI performance while delivering greater efficiency and cost-effectiveness.
"AI continues to reshape industries globally, and insurance is no exception," said Moo-Kyoung (MK) Chung, CEO of Dnotitia. "The complexity of policies and countless number of options often make it difficult for consumers to choose the right coverage. By integrating advanced LLM technologies, we aim not only to boost insurers' efficiency but also to provide customers with greater clarity and personalization. Through this partnership, we will further refine AI's real-world applications across diverse sectors, ensuring it consistently delivers tangible value."
"AI adoption in the insurance industry is accelerating, highlighting the critical need to foster trust and improve consumers convenience," said Sang-Il Yoon, CEO of Finders. "By partnering with Dnotitia, we will refine our 'AI Planner' solution, address negative perceptions about insurance, and drive transformation of the insurance sales market – ensuring consumers can make coverage decisions with confidence."
Through this strategic partnership, Dnotitia and Finders plan to progressively expand AI applications within the insurance industry, continuously refining their models to drive innovation in AI-powered insurance services.
###
Finders
The slogan "insurance is not a commodity but a person"
Finders is the only Insure Tech AI startup in Korea that provides services to change consumers' awareness of insurance by resolving inconveniences experienced by consumers in the insurance sales market.
1. Boinda is an insurance planner comparison platform. The 'boinda' app is an insurance community where everyone from uninterested to highly involved users can experience new things about insurance through various services such as everyone's insurance, insurance balance games, insurance talk talk, finding customized experts, insurance AI, insurance market, and insurance money management. 'boinda' allows you to check and integrate and manage the insurance information you need without exposing your personal information.
2. AI insurance agent is a LLM-based hyper-personalized service, and it is a customized solution that provides the AI insurance agent that customers want in SaaS form to insurance companies and insurance sales agencies
Users can analyze the non-subscribed and insufficient coverage of the insurance they have and check the information on the expected insurance amount. And you can check the insurance premiums for each insurance company for the coverage you want, so you can check the insurance product that suits you. It is an ultra-personalized "AI insurance agent" service that allows users to search for personalized information according to personal information provided by themselves. Major clients include Nonghyup Life Insurance, Kiwoom Asset Planner, and MetaRich.
If new types of business models and modes of operation emerge with technological advancements in the future, the insurance industry will undergo significant changes beyond the traditional framework, and digitization will revolutionize the insurance industry as a whole, including customer-centric, customized service delivery, process automation, and risk management refinement.
Finders' goal is to "change the perspective of insurance."
Contact
Finders
Sang-Il Yun
(+82-10-2226-8653; jason@boinda.kr)
Dnotitia, Inc.
Dnotitia is an AI-specialized company that creates innovative value through the convergence of artificial intelligence (AI) and data, providing high-performance and low-cost LLM solutions. Leveraging Dnotitia's world's first Vector Data Processing Unit (VDPU), the company offers ▲Seahorse, the high-performance vector database, which supports Retrieval-Augmented Generation (RAG) solutions – a key technology for Gen AI. Additionally, Dnotitia offers ▲Mnemos, a personal/Edge LLM device based on its proprietary LLM foundation model.
3. Seahorse is indexes various types of multi-modal data, such as text, images, and videos, into vector form, providing semantic search that extracts information reflecting meanings and contexts based on user queries. Seahorse can be used not only in RAG systems but also for implementing semantic search across all digital data stored globally.
4. Mnemos is a solution designed to address the high costs and resource consumption of AI. It is a compact edge device capable of running high-performance LLM without the need for a data center. Leveraging Dnotitia's RAG and LLM optimization technology, Mnemos delivers high-performance LLM services using minimal GPU/NPU resources.
Founded in 2023, Dnotitia has grown to a team of over 80 employees in a short period of time and has established strategic partnerships across various industries. By integrating specialized semiconductors and optimized algorithms, Dnotitia aims to usher in a new era of AI. Through the fusion of data with AI to develop AI with long-term memory, Dnotitia envisions realizing a low-cost AGI (Artificial General Intelligence) accessible to everyone, creating a future where the benefits of AI can be enjoyed by all.
For more information about Dnotitia, please visit: www.dnotitia.com .
Contact
Dnotitia Communications
Sue (SuMin) Nam (+82-10-3106-0314; sue@dnotitia.com)