Chisel AI

Chisel AI builds artificial intelligence software for commercial insurance. Its system reads unstructured insurance documents and picks out the data points that people would otherwise find by hand. Workflows built around it automate routine, high-volume underwriting and brokering tasks.

What Chisel AI offers

• Document reading — recognition of more than 500 insurance-specific data points, such as limits, deductibles, coverages and exclusions.
• Policy checking — automated review of policy documents against what is expected.
• Quote comparison — side-by-side checks of quotes.
• Submission triage and prioritisation — sorting incoming submissions so staff see the important ones first.

Who it works with

The software is aimed at commercial insurance carriers and brokers. The company says they can handle more business without adding staff and give customers a better experience.