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 stated: “At Klaimy, we imagine that medical information shouldn’t be a barrier to higher insurance coverage selections. Day-after-day, underwriters and claims handlers battle with unstructured information that slows down decision-making. Our AI turns these messy paperwork into structured insights that assist insurers make sooner, extra correct decisions.
“This isn’t nearly automation – it’s about empowering insurers to make selections with confidence, sooner than ever earlier than. With Tenity’s assist, now we 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 firms for skilled collaboration, the discharge stated.
Arrange in 2023, Klaimy gives an answer for insurers dealing with advanced medical paperwork in underwriting and claims for well being and life insurers.
Klaimy’s platform automates underwriting and claims processes, lowering handbook intervention for insurers.
Klaimy applies machine studying and information analytics to assist threat evaluation and fraud detection in insurance coverage processes.
That is stated to allow insurers to regulate pricing fashions to make knowledgeable protection selections and determine probably fraudulent claims.
The corporate makes use of an API (utility programming interface)-first infrastructure to assist integration with insurers, brokers and fintech platforms.
It will allow organisations to enhance operational effectivity in addition to assist them scale, acknowledged Klaimy.
