Prompted uses a custom AI engine to analyze the full wording of hundreds of travel and business insurance policies, matching coverage to a user’s specific needs rather than just price. By asking a short set of questions, the platform highlights a curated list of policies that actually cover the identified risks, providing clear reasons for each recommendation. This helps consumers avoid hidden exclusions and ensures they pay for insurance that truly protects them.
Funding
Funding not disclosed
Founders
Product
Problem
Consumers often rely on price‑only comparison tools for travel and business insurance, which can lead to purchasing policies that lack needed coverage or contain hidden exclusions. This results in claim rejections, unexpected out‑of‑pocket costs, and over‑paying for unnecessary protection.
Solution
Prompted uses a proprietary AI engine to parse the full text of hundreds of insurance policies and match coverage to a user’s specific risk profile. After a brief questionnaire, the system combines the user’s answers with the detailed policy wording to identify which policies truly meet the required needs. It then presents a short list of suitable options, each accompanied by clear explanations of why the coverage is appropriate. By focusing on substance rather than price alone, Prompted helps users avoid gaps in protection and unnecessary premiums.
Target Audience
Travelers seeking personal trip insurance and small‑business owners needing liability or professional coverage are the primary users of Prompted’s service.
Features
- AI-driven analysis of complete policy documents to extract coverage details and exclusions
- Short, conversational questionnaire that translates user needs into precise coverage criteria
- Ranked shortlist of policies with transparent rationale for each recommendation
- Comparison based on actual coverage rather than marketing claims or price alone
- Real‑time pricing information to ensure recommendations are cost‑effective