Fulcrum provides an AI copilot platform designed to automate manual workflows for insurance brokerages across the entire client lifecycle. The integrated system connects with existing tools like AMS and Outlook to process inputs and generate polished outputs like proposals and policy checks. This automation allows brokerages to increase capacity and compliance while significantly reducing the time spent on administrative tasks.
Funding
Funding not disclosed
Founders
Product
Problem
Insurance agencies and brokers face time-consuming manual workflows in proposal generation, policy checking, and coverage comparisons, limiting account managers' capacity and increasing the risk of errors. These inefficiencies hinder client portfolio growth and strain employee retention due to tedious tasks.
Solution
Fulcrum offers AI-powered automation tools designed to streamline and accelerate key insurance brokerage processes. The platform automates proposal creation, delivering complete and branded proposals from carrier quotes in minutes. It also provides expert-level policy checking across thousands of data points and facilitates side-by-side coverage comparisons, detecting subtle verbiage changes in complex policies. By automating these tasks, Fulcrum reduces manual work, saves account managers significant time, and improves accuracy and compliance.
Target Audience
Fulcrum targets insurance agencies and brokerages seeking to improve efficiency, reduce manual workloads, and enhance compliance in proposal generation, policy checking, and coverage comparisons.
Features
- AI-driven proposal generation with customizable templates and AMS integration
- Policy checking with granular analysis across thousands of data points
- Side-by-side coverage comparison for YoY policy changes and multiple carrier quotes
- Client-ready summaries of policy and quote differences
- Intuitive dashboard for effortless verification and analysis
- Enterprise-grade security