Oyster, an AI-powered commercial insurance platform offering multi-carrier business coverage solutions, has unveiled a new suite of digital products for managing property and casualty (P&C) insurance for small and medium-sized businesses. The carrier-agnostic platform combines business insurance with risk and compliance management software.

The platform includes three main features: Policy Explorer for reviewing policy summaries and exclusions, COI Management for generating and sharing insurance certificates, and Self-Serve Flow for obtaining quotes for multiple coverages including General Liability, Business Owners, and Workers' Compensation across online and offline carriers.

The company claims its AI and large language model (LLM)-powered platform will help businesses take more control over their insurance coverage, manage risk more effectively, and streamline the business insurance process from quoting to policy interpretation.