Chisel AI Founder and CEO Ron Glozman Recognized as an Insurance Innovator to Watch by Digital Insurance Magazine
Prestigious “30 Insurance Innovators to Watch” List Recognizes Insurtech Leaders Who Are Influencing and Shaping the Future of Insurance
Toronto, Canada, June 4, 2019 – Chisel AI, a technology provider for the global insurance industry, today announced that Chisel AI founder and CEO Ron Glozman has been named a 2019 “Insurance Innovator to Watch” by Digital Insurance.
In order to assemble the prestigious annual list of insurance industry visionaries, Digital Insurance editors consult third party experts, including some who have previously been on the list, to identify the players representing the top level of the game as it stands this year. The list was announced at the Dig|In 2019 insurance technology conference in Austin, Texas.
“It’s exciting to be recognized at a global level for the work the amazing team at Chisel AI has done and humbling to be included on a list that includes visionaries like Elon Musk,” said Ron Glozman. “Chisel AI is working with leading commercial insurance brokers and carriers to revolutionize one of the world’s oldest industries and deliver the kind of digital experience that insurance buyers expect today.”
Recognizing how Chisel AI “has ascended quickly in the insurtech world,” a segment that has seen back with back-to-back quarters of billion-dollar global investment, the editors of Digital Insurance note that the company, like many successful startups, originated in a university dorm room:
“Confronted with a pile of reading for a university literature class, Glozman did what many panicky students wish they could: He whipped up an AI program to do the reading for him and summarize the key points. That program has evolved into Chisel, a natural-language processing platform for commercial insurance.”
Today Chisel AI is working with leading commercial insurance brokers and carriers to solve challenges that have longed plagued the industry. The company’s artificial intelligence solution extracts unstructured data from digital insurance documents in real time, reading and interpreting the data just like a human knowledge worker – only 400X faster. This advanced technology fuels a range of intelligent AI-powered workflows that help brokers and carriers boost sales, reduce human errors, and increase customer satisfaction.
Chisel AI’s purpose-built solution for commercial insurance carriers and brokers reads unstructured insurance data 400 times faster than a human – and with much greater accuracy. Our advanced AI platform and intelligent workflows fuel the automation of high volume, mundane underwriting and brokering processes, enabling insurers to double their business and optimize the customer experience without adding staff. Chisel won Gold at the 2019 Zurich Innovation World Championship and won the ACORD InsurTech Innovation Challenge in 2018. For more information, visit www.chisel.ai.
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