Fintech · San Francisco, United States
AI Insurance
AI Insurance offers a platform for SMB insurers to run all business processes, aiming to do for SMB insurance what Salesforce did for SMB sales, targeting 10,000+ firms and $238B in admin waste, to digitize and automate claims and underwriting.
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- Location
- San Francisco, United States
- Total raised
- $9.9M
- Seed
About AI Insurance
AI Insurance provides a platform that enables small-to-midsize insurance companies to run every part of their business. Its primary market is SMB insurers, and it aims to do for SMB insurance what Salesforce did for SMB sales teams. AI Insurance identifies an addressable market of over 10,000 insurance companies and notes that the industry wastes $238 billion annually on administrative expenses. The company plans to digitize these businesses as a starting point and to build the largest insurance dataset, which it intends to leverage to automate the claims and underwriting process.
Funding
$9.9Mtotal raised
Company at a glance
The team at AI Insurance
Location
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Frequently asked questions
AI Insurance is based in San Francisco, United States.
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