Sixfold is the first generative AI solution purpose-built for insurance underwriting. The platform brings joy back to underwriting by reducing manual workload, allowing underwriters to focus on making smart risk decisions.
We’ve made it into the 2024 InsurTech100 list! Thanks, FinTech Global! 🏆
The InsurTech100 list recognizes companies transforming the insurance industry with innovations that help tackle sector challenges and improve efficiency.
And there’s more – this was the most competitive year yet, with over 2,100 nominations! 👏
“The InsurTech100 is a vital resource for industry leaders looking to stay ahead of the curve. The companies that have worked their way onto the list are driving real innovation and providing the tools insurers need to navigate the complexities of digital transformation in this dynamic marketplace ..” Richard Sachar, Global CEO, Fintech Global.
#InsurTech100
Sixfold’s CTO, Brian Moseley, had an exciting chat with Cerebral Valley about Sixfold’s evolution, the technical challenges of scaling a B2B SaaS platform, and the future of AI-powered underwriting.
Definitely worth checking out! 👀
We're live with our Deep Dive on Sixfold with CTO Brian Moseley!
Sixfold - an AI solution revolutionizing insurance 🔑
In this convo, Brian discusses the evolution of Sixfold, the technical challenges of scaling a B2B SaaS platform, and the future of dynamic AI-powered underwriting.
Link below 👇
https://lnkd.in/eYdQpKRV
What an experience to win and present at the global Zurich Insurance Innovation Championship! We've been hard at work with the Zurich North America Middle Market team to reduce the time it takes to analyze an application for insurance and give it back to the carrier's true heroes: the underwriters.
One thing that stood out during this journey is how much underwriters really do—balancing the roles of salesperson, risk analyst, researcher, and pricing expert, all while sorting through thousands of pages of insurance data each week. That’s where Sixfold's underwriting AI comes in.
In just 6 weeks we:
* Analyzed nearly 4,000 pages of submission and website documents
* Collaborated closely with 16 Zurich underwriters, who processed more than 80% of their cases using Sixfold
* Reduced case processing time by almost 50%
👀 Watch our video below to check out Amy Nelsen and me bringing the true FUN back to #FUNderwriting (please excuse my terrible dancing at the end).
Thank you Sierra Signorelli for sponsoring and introducing our initiative, John Mizzi and John Diaz for recognizing the potential of using AI to improve the lives of underwriters, Jessica Hamilton for your vision, and Antony Elliott and Joel Agard for running such a seamless and effective ZIC.
Huge shoutout to the amazing Zurich underwriting team for being such incredible partners! And big congrats to our fellow winners: LoyJoy, Mention Me, Merlynn Intelligence Technologies, NalaGenetics, and Parloa!
#funderwriting#underwritingAI
We just wrapped up our second Zurich Innovation Championship Demo Day in Zurich! 🚀
Curious about how we have been working hand-in-hand with the winning startups? In just three months, six game-changing initiatives have reshaped the way we operate across Commercial Insurance, Retail P&C, Life & Health, and Digital Simplification.
Tune in to see how innovation is transforming our industry!
#ZIC2024#ZurichInnovates
From day one, we’ve seen strong demand from specialty insurers, particularly in cyber lines, and for good reason! Our solution is perfectly suited for the fast-paced cyber market, making it easier to spot key cyber insights and help insurers stay ahead of emerging risks.
To further improve risk assessments for cyber underwriters, we've teamed up with CyberCube, the world’s leading analytics provider to quantify cyber risk.
“The partnership between CyberCube’s comprehensive cyber data and Sixfold’s innovative risk assessment is setting a new standard for the future of underwriting, keeping insurers prepared for new challenges in determining accurate cyber policies,” said Ross Wirth, Head of Partnership and Ecosystem at CyberCube.
Read more here ➡️ https://lnkd.in/e2vfy2mi#CyberInsurance#AIUnderwriting
Going to ITC Vegas next month? The countdown is on ⏰ !
Sixfold's Founder & CEO, Alex Schmelkin, will be showcasing a live demo of our capabilities for Life & Disability Underwriting at the Life Insurance and Annuity Ecosystem Summit hosted by Sureify.
See how our AI solution automates routine tasks and delivers thorough risk assessments. By quickly pinpointing crucial data – such as personal and family health, lifestyle, and other factors – Sixfold enhances efficiency and accuracy in life underwriting.
Time: 1:15 PM PST
Location: Mandalay Bay Convention Center/Virtually
Register to attend the event in person or join virtually here ➡ https://lnkd.in/dD6xRWgH
The countdown is on! ⏳
In just a few hours, Alex Schmelkin and Amy Nelsen will be presenting the exciting work we've been doing with Zurich Insurance North America Middle Market, live from Zurich. We can’t wait to show the progress we’ve made!
#ZIC2024#zurichinnovates
AI is here to boost insurance companies’ efficacy, but how can companies ensure compliance? 🤔
Sixfold’s founder, Alex Schmelkin, hosted a webinar with special guests—regulator Jason D. Lapham and AI Attorney Matthew Kelly—to address common questions and shed light on recent U.S. regulatory developments.
Here’s one of our favorite quotes from the session:
“We tend not to look at innovation as a risk. We see it as aligned with protecting consumers when managed correctly.” — Matthew Kelly
Check out the webinar recap post: https://lnkd.in/dg3wJBdj#ResponsibleAI#Insurance
AI isn’t easy, but finding the right partner can make all the difference. The challenge? Deciding which one is the best fit!
In his latest post, Ian P. Cook, PhD, Head of AI, shares tips on what to look for in an AI vendor. From securing data to crafting effective prompts, Ian shares the questions you should ask to find a vendor that will meet your business needs.
🔑 Key takeaways:
- How to ensure your vendor secures data properly
- Why industry knowledge is crucial for prompts
- How to evaluate output and maintain transparency
#AI#Insurtech#ResponsibleAIhttps://lnkd.in/e9czhdcU