Agenium

Agenium operates as two distinct business groups, one focused on high-technology sectors like defense and space, and another on the insurance technology industry.

The original entity, Agenium Group, was established in France in 2003. It specializes in developing and deploying software and technical solutions for the defense, industry, and space sectors. This group is structured around two main divisions: AGENIUM IT & SYSTEMS, which provides simulation and training systems, and AGENIUM SPACE, a deep-tech division created in 2018 that focuses on artificial intelligence and earth observation. AGENIUM SPACE has developed expertise in embedded Deep Learning at the Edge, enabling the use of neural networks in highly constrained environments like nanosatellites. This division offers services for calibrating space sensors and detecting objects like clouds, forests, and ships in satellite imagery directly on board the satellite. For the defense and industrial sectors, Agenium provides solutions for renovating and managing the obsolescence of critical systems, such as those involving specific computers, VME boards, and various bus systems. The company also distributes and integrates cutting-edge software from partners like ANSYS and EPIC GAMES, and provides customized training and support.

The other business is Agenium, LLC, a North American company headquartered in Milwaukee, Wisconsin, led by CEO Michael Risley. This entity, formerly known as MRS, operates as a SaaS provider for the life, health, and annuity insurance industry. It offers a no-code platform designed to accelerate digital innovation in the new business and underwriting process for carriers, reinsurers, and distributors. The platform provides an underwriting decision engine and workflow tools that integrate with a carrier's legacy systems and third-party data sources. By leveraging dynamic rules, AI, and data analytics, it aims to increase auto-decisioning, reduce manual intervention, and shorten the time to issue policies. The platform is designed to be highly configurable and supports headless applications, serving over 30 carriers. Revenue is generated through annual or quarterly licenses, along with consumption-based models.

Keywords: IT consulting, defense sector solutions, space technology, embedded AI, edge AI, satellite image analysis, deep learning, system simulation, critical systems modernization, software distribution, insurance technology, insurtech, no-code platform, underwriting automation, new business processing, life insurance SaaS, health insurance software, annuity processing, policy administration, AI in insurance, data analytics for insurance