Global Insurance Accelerator

Innocuous AI, headquartered in New York City, specializes in enhancing operational efficiency within the insurance industry. The company develops a SaaS platform that employs artificial intelligence to assist claims adjusters, ensuring compliance with state regulations, reducing litigation risks, and improving customer experiences. This ultimately facilitates faster claim payments, boosts policy renewals, and helps maintain affordable premiums for policyholders.

MotionsCloud provides an AI-powered computer vision platform that analyzes property and vehicle damage to automate insurance claims. Its engine automates damage detection and assessment, helping insurers streamline processing, reduce claim cycle times, and lower claims costs while improving customer experience. The solution supports integration with trusted services and aims to boost productivity. It has been shown to cut claim cycle times from 10 days to 3 hours and can save up to 75% on processing costs. MotionsCloud serves clients in the United States, Europe, and Southeast Asia.

Cowbell Cyber develops an artificial intelligence powered platform that quantifies cyber risk for small and mid-sized businesses. It provides standalone cyber insurance designed to adapt to evolving threats, increase insurability, and give clear visibility into risk exposure. The platform combines inside-out data and advanced machine learning to assess insurable threats and support continuous underwriting, mapping risk exposures to potential losses. The company delivers a closed loop risk management approach that includes risk prevention, mitigation, incident preparedness and response services, helping policyholders manage cyber risk over time. Cowbell serves a range of industries and focuses on SMEs seeking easy to understand, individualized coverage that evolves with their risk profile.

Plain Solutions is a quantum-powered engine for insurers to offer financial well-being to individuals, giving each a personalized financial GPS for everyday guidance and education.

EquiX is a SaaS platform used by commercial property adjusters and pre-loss underwriting reps to more accurate inventory and values commercial BPP contents, machinery, and equipment.

Adjust Square is an innovative company that specializes in developing an AI-assisted software platform designed to automate and enhance the property claims process in the insurance industry. The platform efficiently prices claims by sourcing specific line-item pricing from various online databases, allowing for quicker identification of accurate replacement items. This technology streamlines manual tasks, reduces the potential for claim overpayments, and significantly improves the overall performance of claims management for property and casualty carriers. By leveraging automation, Adjust Square enables insurance providers to settle personal property claims more rapidly and effectively.

Insurtic offers a customizable, no-code AI platform designed to enhance productivity in insurance teams by automating repetitive workflows. Its platform uses advanced algorithms to identify emerging risk patterns, segment insured populations, and optimize pricing strategies, empowering clients across Claims, Actuarial, and Underwriting departments with intuitive tools for data-driven insights.

Vaartani is a technology company based in Madrid, Spain, founded in 2018. It specializes in developing AI-driven solutions aimed at enhancing eCommerce businesses. The company operates a platform that offers commercial general liability insurance specifically tailored for Amazon sellers, streamlining the process of obtaining insurance quotes through its proprietary AI underwriting technology. Additionally, Vaartani has created AI-powered chatbots that provide insights into food products, allowing producers to address customer inquiries and analyze feedback effectively. By combining these innovative technologies, Vaartani aims to simplify insurance processes and improve customer engagement within the eCommerce sector.

Jayde is a company that provides a digital-direct platform designed to simplify the insurance process for entrepreneurs. The platform allows users to insure their entire business through a single transaction, offering bundled insurance products that are tailored to various business types. With a subscription-based pricing model, clients benefit from predictable monthly costs and the flexibility to cancel at any time, eliminating the risk of long-term commitments. This approach helps entrepreneurs manage their budgets effectively, allowing them to concentrate on the growth and development of their businesses without the complexities often associated with traditional insurance solutions.

Reeske is a digital distributor specializing in middle-market income protection solutions. It leverages data analytics to simplify life and disability insurance purchases, enhancing customers' ownership experience by ensuring they have the right coverage at all times.

Everyday Life Insurance is an innovative company based in Boston, Massachusetts, focused on enhancing financial security for middle-income families through technology. Founded in 2018, the company offers a unique insurance concierge platform that streamlines the life insurance acquisition process. Its flagship product, Predictive Protection, automatically adjusts coverage based on significant life events such as aging children or retirement, helping consumers save money. By leveraging an algorithm that integrates individual responses with population data, Everyday Life provides personalized life insurance recommendations, enabling customers to obtain tailored and cost-effective insurance plans.

Everyday Life Insurance is an innovative company based in Boston, Massachusetts, focused on enhancing financial security for middle-income families through technology. Founded in 2018, the company offers a unique insurance concierge platform that streamlines the life insurance acquisition process. Its flagship product, Predictive Protection, automatically adjusts coverage based on significant life events such as aging children or retirement, helping consumers save money. By leveraging an algorithm that integrates individual responses with population data, Everyday Life provides personalized life insurance recommendations, enabling customers to obtain tailored and cost-effective insurance plans.

Summary Medical Inc, founded in 2018 and based in Milwaukee, Wisconsin, specializes in the development of artificial intelligence-based software designed for the insurance industry. The company's flagship product, Smart Summaries, provides a software-as-a-service platform that facilitates the storage, management, and summarization of medical documents. This innovative platform allows life insurance companies to automatically review medical records, enhancing their ability to make informed decisions about applicants and policyholders. By streamlining the review process, Summary Medical aims to improve efficiency and accuracy within the insurance sector.

InsureVite, established in 2017 and headquartered in Singapore, specializes in developing a natural language understanding chatbot for the insurance industry. This chatbot facilitates human-like conversations with customers, enabling insurers to enhance their customer experience through social messaging apps. InsureVite's digital assistant, combined with robotic process automation, can be integrated into any mobile apps or websites, allowing customers to interact and transact seamlessly with their insurers in a single, intuitive interface.

Pilotbird is a software-as-a-service (SaaS) company that provides a platform specifically designed for insurance companies. The platform utilizes social data points to enhance various aspects of the insurance value chain. By analyzing these data points, Pilotbird enables Life and Health insurance teams to more accurately assess risk, engage with customers, and identify potential claims fraud. The company's focus on delivering actionable lifestyle insights allows clients to improve their risk scoring, refine policy pricing, and enhance customer interaction, ultimately contributing to more efficient and effective insurance operations.

Cowbell Cyber develops an artificial intelligence powered platform that quantifies cyber risk for small and mid-sized businesses. It provides standalone cyber insurance designed to adapt to evolving threats, increase insurability, and give clear visibility into risk exposure. The platform combines inside-out data and advanced machine learning to assess insurable threats and support continuous underwriting, mapping risk exposures to potential losses. The company delivers a closed loop risk management approach that includes risk prevention, mitigation, incident preparedness and response services, helping policyholders manage cyber risk over time. Cowbell serves a range of industries and focuses on SMEs seeking easy to understand, individualized coverage that evolves with their risk profile.

Insurmi, Inc. is a company that specializes in developing a digital customer engagement platform tailored for the insurance industry. Founded in 2016 and based in Phoenix, Arizona, Insurmi offers a conversational interface that helps users generate leads for insurers, calculate coverage needs, and compare insurance quotes. The platform features an AI Agent named Violet, which enhances the policyholder experience by providing faster and more cost-effective service than traditional human agents. Additionally, Insurmi provides a tool called Chat Tracker, allowing insurance carriers to monitor customer interactions and manage their sales processes effectively.

Everyday Life Insurance is an innovative company based in Boston, Massachusetts, focused on enhancing financial security for middle-income families through technology. Founded in 2018, the company offers a unique insurance concierge platform that streamlines the life insurance acquisition process. Its flagship product, Predictive Protection, automatically adjusts coverage based on significant life events such as aging children or retirement, helping consumers save money. By leveraging an algorithm that integrates individual responses with population data, Everyday Life provides personalized life insurance recommendations, enabling customers to obtain tailored and cost-effective insurance plans.

Micruity develops advanced APIs that enable financial institutions, such as 401(k) providers, to offer annuities to their participants. This service aims to enhance retirement income security and provide a pension-like experience for Americans.

ebbie is a developer of risk management software that focuses on enhancing insurance distribution by collecting risk information and agent insights. The company offers a fully automated, consumer-centric digital application and underwriting engine specifically designed for medical supplement insurance. This innovative platform enables life and health insurance companies to streamline their processes, ultimately leading to significant cost savings. By prioritizing automation and consumer engagement, ebbie aims to improve the efficiency and effectiveness of insurance operations.

Friendly specializes in robotic cognition solutions tailored for insurance and financial services. Its platform automates workflows by digitizing documents from various sources, auto-adjudicating claims, and enabling straight-through processing for new business.

BriteBee is a company that specializes in providing digital marketing solutions tailored for the insurance industry. The firm focuses on enhancing the online visibility of insurance agents and carriers, helping them connect with potential clients by effectively matching them based on specific needs. BriteBee offers a range of creative and technical services, including branding, content writing, social media management, marketing campaigns, podcasting, and videography. Through its platform, the company aims to facilitate meaningful connections between insurance professionals and consumers, thereby improving digital exposure across various insurance sectors, such as auto, life, and workers' compensation insurance.

JAUNTIN' enables insurance products to be embedded into third party products and platforms as an add-on through various proprietary micro services.

ProtectRisk is a digital platform facilitating connections among insurance brokers, underwriters, and carriers in the specialty business insurance sector. It simplifies the process of searching for market opportunities, managing submissions, and collaborating across the commercial insurance value chain.

AuthorityData provides a cloud-based platform that aggregates and analyzes Internet of Things data for insurance companies. It helps operationalize IoT insights to lower risk and improve customer relationships by monitoring devices, integrating diverse data sources, and delivering analytics that support risk assessment and program optimization. The platform also tracks financial indicators to recommend insurance schemes aligned with income and expenses, enabling more targeted coverage decisions and enhanced risk management for insurers.

RiskPossible is a company focused on enhancing the capabilities of insurance providers through its innovative platform. This platform allows insurers to continuously monitor their clients' risks and respond promptly to any changes. Utilizing a continuous underwriting engine, RiskPossible creates customized alert triggers and employs advanced tools to manage risk portfolios effectively. By providing these capabilities, RiskPossible aims to improve the way insurance providers assess and adjust to the evolving risk profiles of their clients.

Founded in 2017, InsuredMine is a technology company that develops a cloud-based insurance management application. This platform enables users to manage multiple policies across different insurance companies on a single dashboard, offering features such as coverages, payment reminders, document storage, and analytics.

RE-Sure, located in Detroit, Michigan, offers a blockchain-enabled, app-driven insurance product tailored for the on-demand economy. The company's innovative approach leverages technology to provide flexible and efficient insurance solutions that meet the needs of modern consumers. By integrating blockchain capabilities, RE-Sure aims to enhance transparency and reliability in the insurance process, making it easier for users to access coverage on demand. This unique positioning allows RE-Sure to address the evolving landscape of insurance in a rapidly changing market.

ViewSpection, based in Tucson, Arizona, develops a risk management mobile application designed to facilitate pre-loss inspections by allowing agents and policyholders to perform DIY inspections. The platform promotes a transparent and collaborative approach, enabling seamless information sharing among agents, policyholders, and insurance departments involved in underwriting, claims, and loss control. ViewSpection's application generates instant reports and virtual property tours, while providing high-quality images from inspections. This functionality not only helps in gathering essential insurance information but also identifies upsell opportunities, ultimately assisting users in mitigating risk and offering detailed analysis of insurance policies.

Sentrys is a Belgrade, Serbia-based company that specializes in developing a cloud-based data protection platform. This platform is designed to enhance data security for consumers, vehicle manufacturers, and insurance companies. It focuses on collecting data before and during accidents involving connected mobile units, ensuring that users' data is protected from misuse. The company's work centers around data privacy and control of data ownership across multiple credentials.

MotionsCloud provides an AI-powered computer vision platform that analyzes property and vehicle damage to automate insurance claims. Its engine automates damage detection and assessment, helping insurers streamline processing, reduce claim cycle times, and lower claims costs while improving customer experience. The solution supports integration with trusted services and aims to boost productivity. It has been shown to cut claim cycle times from 10 days to 3 hours and can save up to 75% on processing costs. MotionsCloud serves clients in the United States, Europe, and Southeast Asia.

Isaac Reinsurance Group Inc. is a company that operates an online marketplace connecting insurance companies with capital markets. Founded in 2016 and based in New York, it provides a platform that allows insurers to access capital on demand while offering investors opportunities to invest in securities linked to insurance risks. The company’s offerings include a suite of financial securities backed by various insurance risks, enabling investors to achieve attractive yields and diversification. Its platform features tools for analytics, market intelligence, portfolio optimization, deal syndication, financial reporting, and on-demand pricing, facilitating a streamlined process for both insurers and investors. By enabling capital supply to insurance firms in exchange for underwriting profits, Isaac Reinsurance Group plays a vital role in bridging the gap between insurance and investment sectors.

CityMile is a company based in Rio de Janeiro, Brazil, that specializes in an online usage-based insurance (UBI) platform designed to enhance the interaction between drivers, their vehicles, and insurance providers. Founded in 2015, CityMile's technology enables insurance companies to collect valuable data on driver behavior, track mileage statistics, and monitor vehicle health. By providing insights into fuel efficiency and encouraging safer driving habits, CityMile aims to reduce costs for both drivers and insurers while promoting better driving practices.

Tyche Risk is a technology company based in San Jose, California, founded in 2014. It specializes in developing a proprietary risk management solution that leverages natural language processing and machine learning. This technology transforms unstructured data from insurance and legal claims into actionable insights for claims management and underwriting. By integrating risk-relevant open data with advanced analytics, Tyche Risk's platform helps insurers assess casualty risks more effectively. The company aims to enable insurers and risk managers to make informed decisions that improve profitability by identifying and declining the riskiest segments of their portfolios.