Tag: intelligent ai

Intelligent AI, an InsurTech leader, has formed a strategic partnership with the Building Cost Information Service (BCIS), a renowned entity with over six decades of expertise in compiling and analysing construction costs.

The InsurTech industry is witnessing a significant transformation with the launch of Intelligent AI's novel Intelligent Rebuild Cost Validation Platform. This data-driven solution is set to confront the persistent issue of commercial property underinsurance, a problem that costs the UK market £340bn in annual premiums.

Intelligent AI, which claims to be disrupting insurance risk management with AI and data analytics, has reportedly raised £2m in seed funding.

Backed by the UK Govt, Intelligent AI raised close to £1m following its graduation from the Lloyd’s Lab to develop its online Intelligent Risk platform, aimed at commercial property insurers in the UK and US.