Groundspeed

Groundspeed is an AI and data company for commercial insurance. Its data pipeline reads unstructured documents, such as insurance submissions, and turns them into data that underwriters can use. The company says it works with some of the largest commercial carriers.

What Groundspeed does

• Submission processing: digitises submission documents and standardises their data, including third-party data.
• Submission routing: sorts and prioritises work by completeness and risk appetite, and fills in the information rating tools need.
• Risk analytics: fine-tuned AI models that examine inbound submissions and highlight insights for risk assessment.
• Underwriting platform: AI-powered underwriting automation, presented on the site under the Insurance Quantified name.
• Developer documentation: API documentation covering data references, ingest and delivery methods, and key concepts.

Who it serves

Commercial property and casualty carriers and managing general agents, according to the site.