Seoul, Korea -- (SBWIRE) -- 05/30/2017 -- On the 16th of May 2017, SELVAS AI entered into a business agreement with the French insurance company SCOR Global Life Korea branch for the development of artificial intelligence solutions and services for the domestic insurance sector.

The agreement between these two companies would result, SELVAS AI and SCOR Global Life will result in the development and launch of varieties of insurance products using AI technologies which starts by developing new products in the medical industry and the to the insurance industry as well.

This would make SELVAS AI the first Korean IT company to sign an exclusive business agreement with an insurance company.

"In the future, the essential business model of the insurance company would be changed to provide management and services for chronic diseases and mild diseases through insurance and health services using artificial intelligence" James Kim the CEO of SELVAS AI stated.

SELVAS AI had in recent past changed the model of so many businesses using artificial intelligence solutions, this includes "Selvy Medivoice" the first real time medical recording solution in Korea and "Selvy Checkup" an artificial intelligence technology based disease prediction services amongst others.

About SELVAS AI
SELVAS AI is an artificial intelligence company with AI source technology based on the best pattern recognition services such as Voice Recognition, HandWriting Recognition, Image Recognition and other AI related business like the Smart Car, Pin Tech and much more.

Contact:
Julia M. Hong
SELVAS AI can be contacted at,
Address: 19~20F Daerung Techno Town 18th, 19, Gasan digital 1-ro, Geumcheon-gu, Seoul, 08594, Korea
Phone:  +82-2-6190-7500
www.selvasai.com/en/