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AI Insurance description
AI Insurance is a cloud-based insurance management software designed for new insurance programs and captive insurance companies. It offers a comprehensive suite of tools to manage claims, financials, policy issuance, billing, and more. The platform stands out with its AI-driven automation features that streamline tasks like invoice auditing, application processing, and indemnity prediction. AI Insurance aims to improve efficiency, reduce manual work, and provide data-driven insights for better decision-making in insurance operations.
Who is AI Insurance best for
AI Insurance is a cloud-based insurance management platform ideal for new insurance programs and captive insurance companies. It offers tools for claims, financials, policy issuance, and billing, with AI-powered automation for tasks like invoice auditing and application processing. This focus on automation improves efficiency and provides data-driven insights for better decision-making.
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Ideal for medium to large businesses (101+ employees), especially large enterprises.
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Best fit for insurance companies seeking AI-driven automation and data insights.
AI Insurance features
Supported AI Insurance offers a comprehensive dashboard providing a clear overview of key performance indicators (KPIs) like earned premiums, written premiums, claim costs, and average cost, allowing users to quickly assess the company's financial health. |
Supported The platform enables efficient management of events, capturing details related to contacts, legal aspects, and financial information, all within a centralized system. |
Supported AI Insurance provides tools to effectively manage insured details, ensuring easy access to important policyholder information. |
Supported The software facilitates efficient policy management by centralizing policy details such as policy number, aggregate limit, coverage period, and remaining limit. |
Supported AI Insurance streamlines financial management by enabling users to manage premiums, reserves, and incurred losses effectively. |
Supported The platform offers a convenient digital portal that allows policyholders and stakeholders to access policy information, submit claims, and interact with the insurance company online. |
Supported AI Insurance provides reporting and analytics tools that empower users to generate customized reports, analyze data, and gain valuable insights for better decision-making. |
AI Insurance pricing
See the AI Insurance pricing page.
For new programs with an annual fee if you sign up before issuing your first policy.
For single parent captives writing less than 15 policies per year.
AI Insurance alternatives
Duck Creek ClaimsStreamlines P&C insurance claims for faster processing and happier customers.Read more
AI Insurance FAQ
AI Insurance is a cloud-based insurance management software using AI-powered automation. Designed for new insurance programs and captive companies, it streamlines claims, financials, policy issuance, billing, and more, offering data-driven insights for improved efficiency and decision-making.
What is AI Insurance and what does AI Insurance do?
AI Insurance is a cloud-based insurance management software using AI-powered automation. Designed for new insurance programs and captive companies, it streamlines claims, financials, policy issuance, billing, and more, offering data-driven insights for improved efficiency and decision-making.
AI Insurance integrates seamlessly with existing insurance workflows and systems. It offers a digital portal for policyholders and stakeholders, and its API facilitates data exchange with other business tools, though specific integrations are not detailed.
How does AI Insurance integrate with other tools?
AI Insurance integrates seamlessly with existing insurance workflows and systems. It offers a digital portal for policyholders and stakeholders, and its API facilitates data exchange with other business tools, though specific integrations are not detailed.
Alternatives to AI Insurance include OneShield Policy for modern policy management, InsureEdge for streamlined operations, ClaimsManager for efficient claims, White Label for custom-branded software, and Duck Creek Claims for P&C insurance claims. Botsify is an alternative for chatbot development.
What the main competitors of AI Insurance?
Alternatives to AI Insurance include OneShield Policy for modern policy management, InsureEdge for streamlined operations, ClaimsManager for efficient claims, White Label for custom-branded software, and Duck Creek Claims for P&C insurance claims. Botsify is an alternative for chatbot development.
AI Insurance appears legitimate, offering AI-driven automation for insurance tasks. It has positive website traffic growth and caters specifically to new insurance programs and captive insurance companies seeking streamlined operations and data-driven insights. However, user reviews are limited.
Is AI Insurance legit?
AI Insurance appears legitimate, offering AI-driven automation for insurance tasks. It has positive website traffic growth and caters specifically to new insurance programs and captive insurance companies seeking streamlined operations and data-driven insights. However, user reviews are limited.
AI Insurance offers the New Program plan for $9,500 annually and the Single Parent Captive plan for $1,089 annually. Pricing information for add-ons like the Rating Engine and Claims Management is not available.
How much does AI Insurance cost?
AI Insurance offers the New Program plan for $9,500 annually and the Single Parent Captive plan for $1,089 annually. Pricing information for add-ons like the Rating Engine and Claims Management is not available.
There are no customer service reviews available for AI Insurance. Therefore, I cannot determine if their customer service is good or bad.
Is AI Insurance customer service good?
There are no customer service reviews available for AI Insurance. Therefore, I cannot determine if their customer service is good or bad.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.