Insurance carriers face a recurring challenge: the decision between fast, efficient off-the-shelf tools and specialized, tailored solutions. Enter Agentech—an AI-powered claims processing platform that offers both out-of-the-box efficiency and highly tailored components.
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Agentech, an AI-driven agentic system that automates workflows and tasks within claims processing, announced it closed a $3 million seed round in just 30 days.
While many associate AI with chatbots, Agentech talks about why "invisible AI" — seamless tools that work in the background, enhancing efficiency without user effort — are the best (and hardest to build).
The key to starting with AI? Start small. Agentech focuses on automating the most tedious parts of claims processing, addressing the "low-hanging fruit" to boost efficiency without overhauling entire systems.
Get to know the two leaders at the helm of Agentech, an AI claims assistant that is already transforming claims within the pet insurance industry. Both co-founders come from incredibly impressive backgrounds (and recent exits) in insurtech and cybersecurity, and we’re proud to introduce them.
Ask any pet insurance claims adjuster and they’ll tell you the least favorite part of their job is creating a claim profile. It’s an incredibly manual process that takes too long and is prone to error.At the same time, this process is crucial. Adjusters must create accurate claim profiles.
