processing. After a successful production implementation in Uniqa in Poland (Dec 2023), and several Proof of Concept projects, we continue development of the Polish market, with a plan to achieve break-even in 2025, and beachhead in other EU countries in 2025/2026. The value proposition for Minte clients and the business case is clear - for an average insurance product (500.000 claims/year), an insurance company can save approximately 19.000 man-days. In addition, the insurer gets transparent and fast claims processing (which lowers customer churn), and data that can be used for fraud detection and product improvement.

From a longer-term perspective, Minte is a medtech, and the solution may be applied in many other verticals, wherever mass medical documentation processing is essential. Those areas will be explored as soon as the insurtech line is established. The Minte Medical Model Minte is deep tech, expert-based, and extended with ML/AI, which gives them an unfair advantage over generic NLP/AI/ML software. The IP is 100% owned by Minte.ai.