BrokerTech Ventures

LightDoc is a cutting-edge tool designed to streamline the process of comparing and verifying complex insurance documents. particularly for commercial insurance agencies.

Further AI is a technology company that specializes in AI-driven workflow automation. It has developed an AI platform that can handle tasks such as quote generation, policy checking, and renewal processing, thereby improving efficiency and reducing errors in businesses. The platform also extracts data from complex documents, navigates portals, and fills out forms, further streamlining processes.

SquareRisk is an insurance agency that focuses on providing property, cyber, auto, and general liability coverage. It has developed an integrated platform for retail brokers, enabling them to efficiently discover, quote, and bind specialty insurance products, including flood, liability, cyber, and professional insurance.

Stitch Studio specializes in modernizing insurance operations by employing advanced AI technology. Their platform, designed for no-code AI assistance, automates and streamlines core insurance workflows, including claims, underwriting, and customer service. This enables insurance organizations to enhance productivity, focus on high-value tasks, and improve overall operational efficiency.

Fulcrum is an AI-powered platform designed to help insurance account managers handle larger books of business more efficiently. Fulcrum focuses on automating manual and repetitive tasks, enabling insurance brokerages.

RiskAdvisor is a software company founded in 2021 and based in Lexington, South Carolina. It specializes in providing insurance agents with tools to better advise their clients on risk management. The company's platform automates the collection of comprehensive customer data and streamlines the quoting and renewal processes. By integrating pre-loaded, industry-specific risk content with an intuitive risk profiling workflow, RiskAdvisor enables insurance agents to effectively assess business risk exposures and track the status of risk controls. This approach simplifies the distribution of critical data, enhancing the overall efficiency of risk assessment in the insurance industry.

Adaptional specializes in streamlining insurance brokerages' back-office operations. It offers an AI-driven platform that automates manual data and operational processes, eliminating the need for custom engineering. The platform integrates with existing tools to verify clients' policies, facilitating efficient submissions, enrollments, and data reporting.

When is an AI-driven off-boarding platform for employees. It's a personalized health insurance marketplace that simplifies the process of finding health insurance during a job transition. When is a B2B solution that partners with employers to provide a better off-boarding experience for employees while reducing the risk of high claims by making it easy for exiting employees to find alternatives to COBRA.

Eventual Treasury is a tech company specializing in revenue operations for insurance agents and brokers. Its platform automates processes like carrier statement processing, revenue reconciliation, and financial forecasting, providing real-time updates to agency management systems and ERP general ledgers. It helps identify and track missing receivables, enabling users to streamline operations, recover revenue efficiently, and boost business growth.

Qumis is a technology company specializing in assistive AI for the insurance industry. It offers a platform that swiftly analyzes insurance policies, extracting crucial information for claims processing, brokering, and compliance. Developed by insurance attorneys, Qumis' platform delivers high-quality, law firm-grade analysis, enabling real-time policy discussions and institutional knowledge sharing. It significantly reduces the time and effort required for such tasks, enhancing precision and efficiency.

Feathery provides a low-code platform that facilitates the creation of customizable forms and user journeys, catering to critical industries such as insurance, financial services, and healthcare. The platform enables product teams to build data intake workflows with ease, offering features such as automatic deployment and SEO indexing. By supporting popular search engines and JavaScript frameworks, Feathery enhances the user experience while granting businesses greater ownership, speed, and control over their data collection processes. This streamlined approach allows organizations to effectively manage their data intake needs while maintaining flexibility and efficiency.

Gabriel is focused on enhancing safety and security through an innovative network of devices designed to address threats such as active shooter situations. In light of the increasing safety concerns globally, the company has developed a comprehensive alert and crisis management system that is user-friendly, easily deployable, and cost-effective. Their primary targets are schools and public buildings, where a combination of smart sensors and software facilitates instant alerts and offers essential communication and management tools. This approach enables communities to better prepare for and respond to potential dangers, while being significantly more affordable than existing solutions.

Qumis is a technology company specializing in assistive AI for the insurance industry. It offers a platform that swiftly analyzes insurance policies, extracting crucial information for claims processing, brokering, and compliance. Developed by insurance attorneys, Qumis' platform delivers high-quality, law firm-grade analysis, enabling real-time policy discussions and institutional knowledge sharing. It significantly reduces the time and effort required for such tasks, enhancing precision and efficiency.

Operator of a SaaS-based healthcare price transparency platform intended to aggregate and contextualize price transparency, insurance, and demographic data. The company's platform offers health plans a simple way to comply with the CMS (Centers for Medicare and Medicaid Services) price transparency legislation while digitizing how patients shop, book, and pay for healthcare, enabling users to realize average cost savings to guide every healthcare purchasing decision.

Sertis is an insurance company that specializes in providing property and casualty insurance for multifamily operators. As a modern Managing General Agency (MGA), Sertis offers a range of coverage options, including property insurance, general liability insurance, and equipment breakdown insurance. Operating in 16 states, Sertis aims to deliver comprehensive insurance solutions at competitive rates, enhancing customer service and support for owner and professionally managed multifamily properties.

Irys Insurtech is a developer of insurance management software that integrates technology to enhance human interactions in the insurance sector. The company offers a modular management system that fundamentally changes how agents, brokers, and managing general agents (MGAs) engage with their clients. Key features of Irys's software include open and public APIs, workflow automation, direct carrier integrations, and a robust AI engine. This human-centric and relationship-focused system empowers agencies and brokerages to effectively manage customer relationships and improve retention rates. By leveraging technology, Irys aims to transform the traditional insurance landscape into a more connected and efficient environment.

1Fort is an AI-driven platform that simplifies the process of obtaining high-quality business insurance through brokers. The company focuses on helping businesses save on premiums and reduce claims by integrating insurance coverage from various carriers with advanced risk mitigation services. Operating as a three-sided marketplace, 1Fort connects insurance carriers, brokers, and businesses, allowing for efficient management and engagement between insured parties. The platform offers proactive and automated risk management solutions, enhancing the overall insurance experience for its users.

TrustLayer is an insurtech solutions company that focuses on automating insurance verification through the use of machine learning and artificial intelligence. Its collaborative risk management platform aims to reduce friction between businesses by streamlining the verification and tracking of insurance certificates, licenses, and other compliance documents. By employing robotic process automation tools, TrustLayer helps organizations eliminate manual, error-prone workflows, increasing insurance compliance and reducing organizational risk. The company serves clients across multiple billion-dollar industries, including construction and property management, who value the platform's ease of use and its ability to enhance vendor compliance while supporting various use cases.

Highwing, Inc. is an insurance technology company based in Denver, Colorado, that specializes in developing an open data platform for the commercial insurance sector. Founded in 2018, the platform facilitates connections between brokers and carriers, allowing them to automate workflows and access insurance data analytics throughout the customer lifecycle. Highwing's offerings aim to enhance sales growth, streamline operations, and improve customer experiences without the need for additional staffing. The company was previously known as IMAgine Analytics, LLC and rebranded in October 2020. Highwing is supported by several prominent investors, including Baldwin Risk Partners and BrokerTech Ventures, which bolster its mission to transform the commercial insurance landscape.