Anthony R. O’Donnell // December 2, 2022
(Image source: Intelligent AI homepage.)
InsurTech Intelligent AI (Exeter, Devon) announced that it has raised £2m in seed funding, led by SuperSeed (London), following increasing traction in the market. Intelligent AI says investment will be used to develop its Intelligent Risk Underwriting Platform, to save the U.K. property insurance sector up to £500m a year in avoidable claims.
Intelligent AI says its cloud-based Intelligent Risk Underwriting Platform enables these savings, with more to follow globally, through better risk insights, risk selection, and greater risk mitigation to reduce unnecessary claims. Further, the InsurTech