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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 tailored for new insurance programs and captive insurance companies aiming to leverage AI for automation. We find that it is most effective for large enterprises. It provides tools to efficiently manage claims, policies, and financials, enhanced by AI-driven features that streamline tasks and provide data-driven insights for better decision-making in insurance operations.
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We find it ideal for companies with over 1000 employees looking to streamline insurance processes with AI-driven solutions.
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In our experience, this is a great fit for companies in the Finance, Banking, and Insurance industries seeking efficiency and data-driven insights.
AI Insurance features
Supported Dashboard: Provides a comprehensive dashboard overview, including company overview with earned premiums, written premiums, claim costs, and average cost. |
Supported Event Management: Manages events with details, contacts, legal, and financial information. |
Supported Insured Management: Handles insured details. |
Supported Policy Management: Manages policy details including policy number, aggregate limit, period, and remaining limit. |
Supported Financial Management: Facilitates the management of financial aspects, including premiums, reserves, and incurred losses. |
Supported Digital Portal: Offers a digital portal for policyholders and stakeholders to access information and interact with the platform. |
Supported Reporting and Analytics: Provides tools for generating reports and analyzing data. |
Supported Claims Management: Streamlines claims processes, including claims submission, assessment, and settlement. |
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 management software designed for new insurance programs and captive insurance companies. It automates tasks like invoice auditing and claims processing using AI. We find this helps improve efficiency and provides useful data insights for better decision-making.
What is AI Insurance and what does AI Insurance do?
AI Insurance is a cloud-based management software designed for new insurance programs and captive insurance companies. It automates tasks like invoice auditing and claims processing using AI. We find this helps improve efficiency and provides useful data insights for better decision-making.
AI Insurance is designed to be a standalone platform. While it doesn't directly integrate with other specific tools mentioned, its digital portal allows policyholders and stakeholders to access and interact with the platform. We believe this portal could potentially be customized for future integrations.
How does AI Insurance integrate with other tools?
AI Insurance is designed to be a standalone platform. While it doesn't directly integrate with other specific tools mentioned, its digital portal allows policyholders and stakeholders to access and interact with the platform. We believe this portal could potentially be customized for future integrations.
We find AI Insurance competes with several strong alternatives. These include OneShield Policy for modern policy management, InsureEdge for streamlined operations, ClaimsManager for efficient claims, and Duck Creek Claims specializing in P&C insurance. Other options, like Botsify and White Label, offer broader solutions, including chatbots and custom-branded software.
What the main competitors of AI Insurance?
We find AI Insurance competes with several strong alternatives. These include OneShield Policy for modern policy management, InsureEdge for streamlined operations, ClaimsManager for efficient claims, and Duck Creek Claims specializing in P&C insurance. Other options, like Botsify and White Label, offer broader solutions, including chatbots and custom-branded software.
AI Insurance appears to be a legitimate software offering. With positive employee growth and a 5/5 rating on G2, it seems promising. However, the declining website traffic warrants further investigation.
Is AI Insurance legit?
AI Insurance appears to be a legitimate software offering. With positive employee growth and a 5/5 rating on G2, it seems promising. However, the declining website traffic warrants further investigation.
AI Insurance offers the New Program plan for \$9,500 annually and the Single Parent Captive plan for \$1,089 annually. We did not find pricing information for add-ons like the Rating Engine or Claims Management.
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. We did not find pricing information for add-ons like the Rating Engine or Claims Management.
We don't have any customer service reviews for AI Insurance yet. Therefore, we can't comment on the quality of their customer service at this time.
Is AI Insurance customer service good?
We don't have any customer service reviews for AI Insurance yet. Therefore, we can't comment on the quality of their customer service at this time.
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.
An AI tool that observes your work, finds inefficiencies, and suggests smarter ways to do things. Maybe you can use your tools better, automate tasks, or switch software.