Insurtic is a no-code platform that utilizes AI-driven analytics to enhance decision-making and optimize workflows for insurance teams, specifically in Claims, Actuarial, and Underwriting functions. By automating processes and providing real-time risk insights, Insurtic reduces errors and improves data transparency, enabling carriers to identify pricing inefficiencies and accelerate revenue growth.
Funding
Funding not disclosed
Founders
Product
Problem
Insurance carriers often struggle with inefficient workflows, data silos, and a lack of transparency across Claims, Actuarial, and Underwriting functions. Traditional modeling processes are prone to human error, require coding expertise, and can be slow to adapt to emerging risks, leading to pricing inefficiencies and missed revenue opportunities.
Solution
Insurtic is a no-code, AI-powered platform designed to streamline insurance operations and unlock data-driven insights for Claims, Actuarial, and Underwriting teams. The platform enables users to automate workflows, build and deploy models, and access real-time risk analytics without requiring coding skills. By breaking down data silos and enhancing transparency, Insurtic empowers carriers to identify pricing inefficiencies, improve risk selection, and accelerate revenue growth. The platform's visual interface and pre-built actuarial logic and checks facilitate rapid deployment and integration with existing systems.
Target Audience
Insurtic targets insurance carriers, specifically professionals in Claims, Actuarial, and Underwriting departments, seeking to improve efficiency, transparency, and data-driven decision-making.
Features
- No-code visual interface for building and automating insurance workflows
- AI-driven analytics for real-time risk insights and emerging loss pattern detection
- Risk segmentation engine to pinpoint pricing inefficiencies
- Pre-built actuarial logic, checks, and templates for superior automation
- Customizable dashboards for data-driven reporting and insights
- Easy integration with existing insurance carrier systems
- Real-time data processing for accelerated decision-making
- Role-based access control