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machine learning, and natural language understanding to help commercial lines insurance carriers and brokers reimagine outdated manual underwriting and placement processes. By alleviating the burden of routine, manual tasks that – let's be honest – computers can do better and faster, Chisel AI frees up skilled staff to focus on customers and growth.  

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Who We Are

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

Founded in 2016, Chisel AI raised one of the largest seed rounds in Canadian history led by Venrock, a leading Venture Capital firm.

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.

Reimagining commercial insurance operations with applied AI

See how Chisel AI improves operational efficiency and speed to revenue by removing manual bottlenecks and friction from core underwriting and placement processes. 

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Our intention when we 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 Named a Company to Watch for Data Extraction and Ingestion

Chisel AI is profiled in a report by InsTech London on the challenges of unstructured data and the tools available to insurers and brokers. The InsTech London Research and Insight team has identified ingestion and data extraction as one of the major themes that will drive change in insurance in the next decade.

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The Buzz

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

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