968: InsureTech - Purpose-Built AI Solutions for Commercial Insurance

The Tech Talks Daily Podcast

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4+ y ago 27:47

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Chisel’s purpose-built AI solution for commercial insurance reads unstructured insurance data 400 times faster than a human with greater accuracy. The solution automatically recognizes over 500 insurance-specific data points, including limits, premiums, deductibles, coverages, exclusions, and more.

The advanced platform and intelligent workflows automate high volume, mundane processes like policy checking, quote comparison, submission triage, and prioritization. By digitally transforming routine underwriting and brokering activities, commercial insurance carriers and brokers can double their business and deliver a better customer experience without adding staff.

Chisel won Gold at the 2019 Zurich Innovation World Championship and the ACORD InsurTech Innovation Challenge in 2018. Ron Glozman joins me on my daily tech podcast to share his start-up story that was founded in a university dorm room.

A technology enthusiast at heart, Ron Glozman founded Chisel AI with a vision to leverage AI to help industries like insurance which deal in high volumes of unstructured data and manual processes digitally transform.

Ron was recently named on the 30 Insurance Innovators to Watch list published by Digital Insurance and is also an under 30 AI leader and CEO.

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