Our Story

Hi, we’re Chisel AI!

We harness the power of applied AI, machine learning, and natural language understanding to help commercial lines insurance carriers and brokers reimagine outdated manual processes.

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How It Started

Like many successful start-ups, Chisel AI was founded in a dorm room

While attending university, CEO and Founder Ron Glozman envisioned an app that would read textbooks and summarize the key points, reducing the time he spent studying from days to minutes. Within months, the program Ron developed was a top app on the Google App Store with downloads across 33 countries.

This was the genesis of Chisel AI’s natural language understanding platform that reads unstructured data trapped in digital insurance documents. Founded in 2016, Chisel AI went on to raise one of the largest seed rounds in Canadian history led by Venrock, a leading Venture Capital firm.

How It’s Going

We’re at the forefront of a digital evolution in the global insurance industry

Today, we are working with some of the world’s leading commercial lines carriers, brokers, and BPO firms to automate core processes and help them write and place more business faster without adding staff.

We’ve assembled a strong and diverse dream team of former underwriters, data scientists, machine learning technologists, and seasoned software executives with experience rapidly scaling start-ups. Together, we are continuing on our mission to digitally transform insurance, and we’re ready for the next stage of growth.

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Our intention when you do innovation is to create a new solution that results in a better outcome not only for our customers, for our brokers and our distributors and Chisel AI fit perfectly in this strategy and our local priorities in North America.”
– Giovanni Giuliani, Chief Strategy, Innovation and Business Development Officer, Zurich Insurance Company Ltd.

Deep Industry Expertise

We Understand the Ins and Outs of Commercial Insurance

Commercial insurance is a complex and multi-faceted business. Over a third of our team has an insurance background and deep subject matter expertise. We draw on domain knowledge and industry experience with top carriers like Zurich, Travelers and AXIS Capital, and our tech experience from companies like AWS, integrate.ai, The Royal Bank of Canada, NexJ Systems, Camilion Solutions (acquired by SAP), IBM and Oracle.

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Prior to Chisel AI, I worked for two leading insurance carriers, so I’m familiar with the pain points in the industry. I’m excited to be part of the team that is delivering powerful new capabilities to streamline core processes and make critical data more accessible. I wish I’d had a solution like Chisel AI when I was an underwriter.”
– Radha Maharaj, Customer Success Analyst, Chisel AI

Our Investors

Well-funded & backed by leading venture capital firms

We are fortunate to have some of the smartest minds in AI technology and insurtech – people with a strong track record of success – in our corner as investors and trusted advisors.

Partners in Profile: Xceedance

We partner with industry leaders to deliver best-in-class solutions to real-world business problems. We recently joined forces with Xceedance, a global provider of strategic consulting and managed services, technology, data sciences, and block chain solutions to insurance organizations, to deliver a state-of-the art, on-demand policy checking solution for commercial insurance brokers and agents – powered by AI.

Awards & Industry Recognition

Chisel AI’s success and reputation continue to grow

Chisel AI Wins Major Innovation Award from Global Insurance Standards Organization

ACORD recognizes Chisel AI’s powerful platform by crowning it the winner among early-stage companies in its 2018 InsurTech Innovation Challenge.

The Buzz

Chisel AI is making news with coverage in business and insurance industry publications, analyst reports, and podcasts.

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