AI Insurance

Overview

AI Insurance is a platform designed to run insurance companies [2]. The company operates in New York City and San Francisco [4] and was part of the Y Combinator Winter 2019 batch [5]. As of the directory listing, the company maintains active status [6] with a team of 16 employees [13].

AI Insurance targets small-to-midsize insurance companies, providing a platform to manage all aspects of business operations [3]. According to the company's description, small-to-midsize insurers historically relied on spreadsheets and filing cabinets, with administrative expenses consuming as much as 60% of revenue [3]. The company positions itself as addressing an industry-wide challenge, noting that over 10,000 insurance companies waste approximately $238 billion dollars annually [3].

AI Insurance is the platform that small-to-midsize insurance companies use to run every part of their business. Before we showed up, they used spreadsheets and filing cabinets – wasting as much as 60% of revenue on administrative expenses. We’re doing what Salesforce did for SMB sales teams, but we’re tapping into the over 10,000 insurance companies that waste $238 Billion dollars annually. [3] [9]

New York City, NY, USA; San Francisco, CA, USA [4]

New York City [11]

2018 [12]

Y Combinator's directory lists the company location as New York City, NY, USA; San Francisco, CA, USA. [15]

Business address: 44 Montgomery Street, San Francisco, California, 94104. [18]

Growth & traction

count: 16 [7]

16 [13]

Y Combinator lists a team size of 16. [17]