What it sells
AI Insurance is the platform that runs insurance companies
Business model breakdown
Buyer: who owns the budget?
MGAs/MGUs and program managers (also fronting carriers, reinsurers, agencies).
Workflow: what inputs become what output?
AI parses forwarded broker submissions into quotes, bordereaux, claims and defense-counsel invoices (reviewed against guidelines) and sits on a core system covering underwriting, policy issuance, financials, claims and portals.
Economics: what it saves and how it charges
Claims 111% average annual premium growth, programs live in under 1 month and 3.2 hours saved per teammate per week; 100+ insurance programs.
Distribution: how it reaches customers
Demo-led ("Book a Demo"), API docs, resources and customer stories.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| — | Y Combinator Winter 2019 | — | Y Combinator | ycombinator.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.