1Fort
1Fort offers an AI-driven platform designed to enhance the efficiency of acquiring and renewing commercial cyber insurance, facilitating quicker quoting, binding, and servicing of policies. The technology provides insights for managing cyber risks, specifically catering to mid-to-large enterprises and independent brokerages.
- Category: Sales, Marketing, BD
- Location: New York, New York, United States
- Founded: 2021-01-01
- Total funding: 2480000
- Website: https://1fort.com
Product & Features
- 1Fort AI automates the quoting process, providing instant quotes and auto-generated proposals.
- The platform handles submissions for over 300 coverages, significantly increasing efficiency.
- Users can manage 10 times the submissions with the same workforce, enhancing productivity.
- AI-driven quote comparisons and analyses help brokers make informed decisions quickly.
- The system generates white-labeled proposals that align with the agency's branding.
- Billing automation reduces administrative workload by streamlining payments and reconciliation.
- 1Fort enables brokers to pitch and cross-sell coverage effortlessly, boosting retention and commissions.
Notable Customers
- PolicyWatch
- Rubin Loera
- Joe Wasserman
- Denny Sun
Founders & Team
- Toby Hung — Co-Founder and COO
- Kamar Mack — Founder & Head of Engineering
Funding Rounds
- Pre-Seed — $2.1M (2023-05)
Investors
Similar Companies
Frequently Asked Questions
What is 1Fort?
1Fort offers an AI-driven platform designed to enhance the efficiency of acquiring and renewing commercial cyber insurance, facilitating quicker quoting, binding, and servicing of policies. The technology provides insights for managing cyber risks, specifically catering to mid-to-large enterprises…
What does 1Fort do?
1Fort AI automates the quoting process, providing instant quotes and auto-generated proposals. The platform handles submissions for over 300 coverages, significantly increasing efficiency. Users can manage 10 times the submissions with the same workforce, enhancing productivity.
Who are 1Fort's customers?
1Fort's customers include PolicyWatch, Rubin Loera, Joe Wasserman, Denny Sun.
Who founded 1Fort?
1Fort was founded by Toby Hung and Kamar Mack.
How much funding has 1Fort raised?
1Fort has raised 2480000 across 1 funding round.
Who are 1Fort's investors?
1Fort's investors include BrokerTech Ventures, Company Capital, Operator Partners, Village Global.