Artificial Labs
The primary offering is an automated platform for commercial insurers that enhances the underwriting process through algorithmic underwriting, data ingestion, and instant risk triaging, which improve the speed and accuracy of risk assessments. This technology aims to streamline complex submissions and reduce processing costs, thereby enhancing operational efficiency in underwriting.
- Category: InsurTech
- Location: London, London, City of, United Kingdom
- Founded: 2013-01-01
- Total funding: 72179017
- Website: https://artificial.io
Product & Features
- Artificial's Smart Underwriting tools enhance underwriting capital deployment for various market strategies.
- The platform adapts to different underwriting methods, ensuring a tailored approach for each user.
- Users can manage portfolios in real-time, aligning risks with target characteristics for optimal outcomes.
- Automated submission triaging and real-time scoring streamline the underwriting process and ensure consistency.
- Flexible pricing modules integrate existing models and facilitate instant pricing within the platform.
- AI-powered data ingestion tools capture and enrich risk data from multiple sources, reducing manual entry.
- The platform supports advanced scenario analysis to refine underwriting strategies and optimize performance.
Notable Customers
- Apollo Group Holdings
Funding Rounds
- Series A — $8.6M (2024-02)
- Series A — $11.6M (2022-06)
Investors
Similar Companies
Frequently Asked Questions
What is Artificial Labs?
The primary offering is an automated platform for commercial insurers that enhances the underwriting process through algorithmic underwriting, data ingestion, and instant risk triaging, which improve the speed and accuracy of risk assessments. This technology aims to streamline complex submissions…
What does Artificial Labs do?
Artificial's Smart Underwriting tools enhance underwriting capital deployment for various market strategies. The platform adapts to different underwriting methods, ensuring a tailored approach for each user. Users can manage portfolios in real-time, aligning risks with target characteristics for optimal outcomes.
Who are Artificial Labs's customers?
Artificial Labs's customers include Apollo Group Holdings.
How much funding has Artificial Labs raised?
Artificial Labs has raised 72179017 across 2 funding rounds.
Who are Artificial Labs's investors?
Artificial Labs's investors include Force Over Mass Capital, MS&AD Ventures.
What category does Artificial Labs fall under?
Artificial Labs is a legal technology company in the InsurTech category.