American Family Insurance has built its reputation on sound principles. We strive to provide you industry-leading service, exceptional claims experience and products that build long-term relationships. This is accomplished by treating policyholders fairly in a helpful and caring way and making it easy and convenient to work with us. We know our customers like family.  American Family Insurance thrives by conducting its business in accordance with the highest ethical standards and the law at all times. Integrity is part of our culture and always has been. The reputation we enjoy and trust-based relationships we have built with our customers are determined by the example set by management and the character and good judgment exercised at all levels of our organization. It’s a way of doing business that our customers have come to expect from us and a standard that we continue to live up to.

American Family Insurance

Crosslink, founded in 1989, is a premier early-stage venture capital firm with over $1.3B in assets.  Crosslink partners with founders that are market disrupters and category creators, typically at the Seed-Series A stage, across highly dynamic enterprise and consumer technology sectors. Over its history, Crosslink has had the opportunity to partner with defining companies such as Bleacher Report (acquired by TWX), BuildingConnected (acquired by ADSK), Chime, Coupa (COUP), DataStax, Molekule, Omniture (acquired by ADBE), Personal Capital (acquired by Empower Retirement), Postmates (acquired by UBER), ServiceMax (acquired by GE), Verodin (acquired by FEYE), Vungle (acquired by Blackstone) and Weave.

Crosslink Capital

IAG Firemark Ventures is a corporate venture capital and incubation firm of Insurance Australia Group that began operation in October 2016, with its headquarters in Sydney in Australia and offices in Surry Hills in Australia and Singapore. It seeks to make minority seed, early-stage, and late-stage investments. It prefers to invest in companies from the insurance, financial technology, insurance technology, artificial intelligence, machine learning, big data, cybersecurity, and internet of things sectors in Australia and Singapore.

IAG Firemark Ventures

Atlantic Bridge is a Growth Equity Firm with a Cross Border Value Add strategy. We invest in deep technology companies in Europe and the US. Our team is made up of successful entrepreneurs and senior technology industry executives and we invest in strong ambitious entrepreneurs and management teams that have the passion and drive to scale up and exploit major growth opportunities. We help our portfolio companies expand and grow internationally through our global platform with our team and offices in London, Dublin, Munich, Paris and Palo Alto. Atlantic Bridge brings together a unique team of technology entrepreneurs, experienced managers, finance professionals, and investment experts. The team contains a wealth of international business experience across Europe, the UK and the US. They have worked together in various capacities for the last 30 years, bringing a true partnership approach to their firm and their investments. Its investors include the founders, leading institutional investors, and private investors with a track record of investment in successful technology companies. Atlantic Bridge has developed a unique and differentiated strategy that focuses on specific technology themes and the implementation of the “Atlantic Bridge Model” for scaling companies internationally. The “Bridge Model” accelerates the scale-up of technology companies in Europe and the US. This approach is highly differentiated and has delivered strong performance results to date.

Atlantic Bridge

PS Ventures is a late-stage venture capital firm that is a collaborative between Blue Pool Capital, SoftBank Group, and Jerry Yang.

RPS Ventures

Arturo

Arturo is a deep learning enterprise platform that focuses on delivering accurate measurement and predictive data. It eliminates the complexity of extracting insights from ensemble data sets and specializes in being able to deliver accurate predictions in formats that are immediately useful inside their customer’s business systems. Arturo is headquartered in Chicago, Illinois, and has representation across North America to support both the insurance and reinsurance industries.

<div><p>Arturo offers an AI-based solution for property insurers to use satellite, aerial, and ground-level imagery, along with other sources of property intelligence such as property history, inspection records, etc., to support quoting, underwriting, and claims decisions. Arturo&rsquo;s platform was internally developed by American Family Insurance and spun out in 2019 as a separate company.&nbsp;</p></div>

InsurTech: Infrastructure

Arturo Unveils Groundbreaking Change Detection Technology for Insurers

an artificial intelligence (AI) and deep-learning delivering highly accurate structured data observations and predictions

Providers of general, yet comprehensive, end-to-end solutions for insurance companies, covering various aspects of their operations. This includes core systems for policy administration, underwriting, claims processing, billing, and customer relationship management

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    Arturo offers an AI-based solution for property insurers to use satellite, aerial, and ground-level imagery, along with other sources of property intelligence such as property history, inspection records, etc., to support quoting, underwriting, and claims decisions. Arturo&rsquo;s platform was internally developed by American Family Insurance and spun out in 2019 as a separate company.&nbsp;
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    Arturo has partnerships with imagery providers such as Near Space Labs and Vexcel Imaging, and technology companies including Nvidia and Labelbox for data processing capabilities. As of April 2021, the company had experienced 300% year-over-year revenue growth and had carried out 35 million on-demand property analyses for its clients. Arturo&rsquo;s key clients include insurance businesses such as Hippo Insurance, American Family Insurance, Branch, and IAG.
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    In April 2021, Arturo raised USD 25 million in Series B funding led by Atlantic Bridge Capital. The company expects to use the funding to scale up its technical team, collaborate with imagery providers in Europe and Southeast Asia to expand coverage in these markets, and grow its customer base. In 2021, Arturo expects to start offering its platform to businesses in other industries such as commercial properties, banks, and financial institutions.
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    AgentSync powers growth for insurance carriers, agencies, MGAs, and producers by offering modern tools for producer and compliance management. With a customer-centric design, seamless APIs, and automation, AgentSync's products reduce friction, increase efficiency, and maintain compliance, ultimately helping to improve the broker onboarding, contracting, licensing, appointing, and compliance processes.
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AgentSync

<p><span>Artificial is an insurance software business offering an algorithmic underwriting, data extraction and machine learning platform to commercial insurers, empowering them to write better risks, faster. We provide solutions to partners across the London and global markets, including Convex, Chaucer and more. Our platform specialises in instantly and accurately capturing data at the point of entry for use in downstream applications. We enable clients to augment this data through effortless integrations and use it to write risks algorithmically, build contracts and plug into other systems. Behind the platform is decades' worth of experience in engineering, insurance and analysis. We do more than just provide software; we work with you every step of the journey to make sure our technology drives growth, improves efficiency and reduces costs across your business.</span></p>

Artificial Labs

<p><span>Bambi Dynamic, based in Israel, is a SaaS insurance platform that provides vehicle insurance solutions for car OEMs, mobility providers, insurers, and the mobility ecosystem. As a white-label, cloud-based integrated platform, Bambi Dynamic provides an end-to-end solution that includes onboarding, underwriting, user identification, pricing, policy operations, and loss notice. The platform creates insurance products by measuring usage, events, and behavior, using data collected from various sources including smartphones, connected cars, and smart sensors. Bambi Dynamic’s products include personal auto, personal connected auto, fleet insurance, shared and micro-mobility, MaaS for mobility app providers, and autonomous vehicle insurance.</span></p>

Bambi Dynamic

<p><span>CLARA Analytics improves claims outcomes in commercial insurance with easy-to-use AI-based products. The company’s product suite applies image recognition, natural language processing, and other AI-based techniques to unlock insights from medical notes, bills and other documents surrounding a claim. CLARA’s predictive insight gives adjusters “AI superpowers” that help them reduce claim costs and optimize outcomes for the carrier, customer and claimant. CLARA’s customers include companies from the top 25 global insurance carriers to large third-party administrators and self-insured organizations. Founded in 2016, CLARA Analytics is headquartered in California’s Silicon Valley. For more information, visit www.claraanalytics.com.</span></p>

CLARA Analytics

<p><span>Coterie Insurance is an InsuranceTech company that applies an API-based approach and modern technology to commercial insurance. It looks to integrate insurance with platforms and processes that businesses, contractors, and gig workers use every day. The company also streamlines the insurance process for its clients. Its core focus remains on small business insurance. Products that it offers include business owners policy, general liability insurance, and professional liability insurance. Coterie Insurance is privately held and a licensed insurance producer in all 50 US states.</span></p>

Coterie Insurance

Specialized platforms that offer lead generation and management services and tools for insurance providers. Tools can include telemarketing, internet, and social media lead generation, referrals, and lead analytics

Underwriting platforms that evaluate risks related to life insurance, health insurance, and related products such as disability and critical illness coverage. They may utilize medical underwriting criteria, genetic information, lifestyle factors, and demographic data to assess applicants' insurability

Platforms that specialize in assessing risks associated with property and casualty insurance, including home, auto, commercial property, and liability coverage. They may incorporate data sources such as property valuations, historical claims data, telematics, and weather patterns to evaluate risk factors accurately

Specialized platforms that streamline and automate claims processing workflows, from initial claim submission to settlement. They may offer software for claims intake, adjudication, fraud detection, and communication with policyholders and third-party service providers

Policy administration systems that focus on managing policy lifecycle activities, including policy issuance, endorsements, renewals, and cancellations. They provide insurers with tools to configure and manage policy rules, coverage options, and premium calculations. Platforms can also have additional functions for commission and performance tracking

Reinsurance technology providers offer a range of innovative tools and services to support reinsurers in managing their operations, assessing risks, and optimizing their reinsurance strategies. These solutions may include advanced analytics, catastrophe modeling, risk assessment tools, portfolio management systems, and underwriting platforms specifically designed for the reinsurance industry

PROMINENT_CATEGORY

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 <p>Arturo, an AI-based underwriting solutions provider, has introduced its Change Detection technology for property insurers. The technology is aimed to transform the insurers' approach towards monitoring and assessing property changes. It adds to Arturo's existing suite of risk management, underwriting, and claims insights tools.</p>
 <p>The technology uses artificial intelligence and geospatial imagery to detect key property alterations such as roof damage or new constructions. It provides a comprehensive change detection system, real-time risk surveillance, optimized premium management, proactive risk mitigation, and an expedited underwriting process.</p>
 <p>Arturo believes that this technology will enable insurers to make quicker, more informed decisions and address risks at an earlier stage. It will also help to improve customer service by avoiding coverage gaps. Additionally, it seeks to reduce dependency on physical inspections and facilitate prompt coverage adjustments.</p>
 
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Arturo

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