Klaimy, a Paris-based start-up providing an AI-driven software-as-a-service platform, has secured €1.2m ($1.37m) in a pre-seed funding spherical.
The funding was led by Insurtech Gateway, with U-Traders, Tenity and angel buyers additionally contributing.
Klaimy CEO Amira Nakouri mentioned: “At Klaimy, we imagine that medical knowledge shouldn’t be a barrier to raised insurance coverage selections. Day by day, underwriters and claims handlers battle with unstructured knowledge that slows down decision-making. Our AI turns these messy paperwork into structured insights that assist insurers make sooner, extra correct selections.
“This isn’t nearly automation – it’s about empowering insurers to make selections with confidence, sooner than ever earlier than. With Tenity’s assist, we now have been capable of scale our resolution, fine-tune our product with professional steerage, and increase our attain to rework the business’s strategy to well being and life insurance coverage.”
Klaimy has joined Tenity’s international ecosystem, establishing connections with different fintech and insurtech corporations for skilled collaboration, the discharge mentioned.
Arrange in 2023, Klaimy offers an answer for insurers dealing with complicated medical paperwork in underwriting and claims for well being and life insurers.
Klaimy’s platform automates underwriting and claims processes, lowering guide intervention for insurers.
Klaimy applies machine studying and knowledge analytics to assist danger evaluation and fraud detection in insurance coverage processes.
That is mentioned to allow insurers to regulate pricing fashions to make knowledgeable protection selections and establish doubtlessly fraudulent claims.
The corporate makes use of an API (software programming interface)-first infrastructure to assist integration with insurers, brokers and fintech platforms.
This may allow organisations to enhance operational effectivity in addition to assist them scale, acknowledged Klaimy.
