In highly regulated industries, not just any AI will do. “Horizontal, multi-use AI solutions deliver little — if any — operational efficiencies for a complex enterprise use case like underwriting. The industry needs something more from its AI.” Read why carriers are turning to Vertical AI solutions in Brian Moseley's, Co-founder & CTO, latest insights ➡️ https://lnkd.in/gZ5f4M-2
Sixfold
Technology, Information and Internet
New York , NY 4,547 followers
Bringing joy back to underwriting
About us
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.
- Website
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https://sixfold.ai/
External link for Sixfold
- Industry
- Technology, Information and Internet
- Company size
- 11-50 employees
- Headquarters
- New York , NY
- Type
- Privately Held
- Founded
- 2023
Locations
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Primary
New York , NY, US
Employees at Sixfold
Updates
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"Artificial intelligence is becoming fundamental to insurance, making responsible implementation non-negotiable. By focusing on robust training, secure deployment, and rigorous compliance, Sixfold builds trust with customers and partners while managing risks." - Wise words from Ian P. Cook, PhD, Head of AI Want to know how we ensure responsible AI? Swipe right to see our five key strategies and download our 2024 framework here 📥 https://lnkd.in/evurTuN2
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📢 Looking for a job where you can solve real problems with AI? Take a look at our current openings and see if there's a spot for you. Head over to our careers page ➡️ https://lnkd.in/e7NyVU3f #Hiring #Insurtech #UnderwritingAI
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Sixfold reposted this
Founder & CEO of FIF Collective/Managing Director: Stifel Venture & Fund Banking/Formerly HSBC Ventures
After meeting Chris Brown from NVIDIA today, we discovered that there are TONS of ways for us to collaborate. Why not start with getting FIF Collective Member, Jane Tran, the Founder of Sixfold, on a unbelievable panel next Tuesday! iqram magdon-ismail, I’ll see you there and on the court after 🏀 Charlie Stephens, you are everywhere! 💪🏻 Thank you Fidelity Investments & HOF Capital for having us.
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🔥🎉 Alex Schmelkin has been named one of the top B2B AI startup CEOs in the U.S., sharing the spotlight with some truly inspiring leaders in the AI field! Are we proud? To say the least!
Here are B2B AI startup CEOs to watch in the U.S. in 2024: ▶ Dario Amodei: Anthropic ▶ Sean White: Inflection AI ▶ Alex Schmelkin: Sixfold ▶ Kanjun Qiu: Imbue ▶ David Luan: Adept AI ▶ Munjal Shah: Hippocratic AI ▶ Manu Sharma: Labelbox ▶ Stephen Balaban: Lambda ▶ Douwe Kiela: Contextual AI ▶ Amber Nigam: basys.ai ▶ Gavin Uberti : Etched ▶ David Ferrucci: Elemental Cognition ▶ Miho Shoji: Moodbit ▶ Laxman Papineni: Outplay ▶ René Morkos, Ph.D.: ALICE Technologies Inc. ▶ Etienne Bernard: NuMind (YC S22) Read more: https://lnkd.in/g8tqdWmT
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Thanks to Digital Insurance for featuring us in their top list of Insurtech funding rounds! 🚀 https://lnkd.in/g7fwUvmf #Insurtech #UnderwritingAI
Top insurtech funding rounds, June 2024
dig-in.com
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Catch Alex Schmelkin and Jane Tran in a great conversation about our latest funding round, the insurtech entrepreneurship experience, and how we’re solving key customer challenges. Huge thanks to Joanna England and Insurtech Insights for featuring us!🙏
Alex Schmelkin, Founder and CEO and Jane Tran, Co-founder and COO of Sixfolddiscuss the innovation in underwriting and AI during an interview at Insurtech Insights USA 2024. Speaking about the company's recent investment success, Tran said: "Salesforce was specifically quite strategic for us because we're an underwriting brand. We don't want to own the glass. So the ecosystem - the integration, partnerships etc, are all really important for the success of Sixfold." #insurtechinsights #insurance #sixfold #underwriting
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Sixfold reposted this
Alex Schmelkin crushed it at @Lloyd's Lab demo day this morning! The audience had some great questions about what we've built. If you couldn’t join us, here’s a quick recap of our accomplishments in the lab: - Worked with 22 mentors - Completed 24 user research sessions - Validated and built 2 product features with mentors -- evolution of our risk appetite match and outlook extension - 82% of underwriters recognized significant efficiency gains One of the best quotes from our mentor: “Our underwriters went into UX testing skeptics and returned converts. The Sixfold capabilities didn’t threaten them – they saw the potential positive impact on their work almost immediately.” Huge thanks to Lana J. and Gregg Tourville for all their work in the UK and to the rest of the Sixfold team for being part of this amazing journey! Photo cred: Kieren P.
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From day one, we've partnered with legal experts and conducted ongoing product reviews with regulators to ensure our solution delivers efficiency in a secure, purposeful manner. We all share the same goal: safe AI use. Swipe for a sneak peek into our 2024 framework on how we ensure responsible AI, and download the full version here ➡️ https://lnkd.in/evurTuN2 #ResponsibleAI #UnderwritingAI
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We kicked off our summer on a high note by welcoming 4 new colleagues! Get to know what excites them about Sixfold 😊 Sam Levine - Software Engineering “Returning to Sixfold this summer, I'm blown away by the growth. Last year, I was coding alongside just Brian Moseley, CTO, and Alex Schmelkin, CEO —which was an amazing experience. I learned a ton. Now, I'm part of a larger, more structured engineering team!” Benjamin Schmelkin - Software Engineering “Every week it feels like we're at a completely new stage than we were the week before, and there's a ton of people in similar shoes who just started as well. There is a sense of community with everyone working hard towards a common goal while still having fun!” Nina Augustini - Software Engineering “Sixfold feels like the cool dad jeans of the insurance world. They are not only functional and reliable, but also elevate your style and make your whole outfit feel fresh. I’m excited to be a part of a company filled with cool caring people who value transparency and working together” Reena Dadrah - Marketing and Sales Ops “Sixfold gave me the opportunity to combine my interests in a creative manner. Eagerness to learn is highly valued here, and there is so much room to make an impact. Tech/AI marketing is a new field for me, and I'm excited to advocate for such an excellent product!”
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