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Presented by – Lorem Ipsum Date – 20/ 05/ 2022
September 01, 2022
“A platform is considered a
success when the economic value
of everybody that uses it exceeds
the value of the company that
creates it”
Americas InsurTech
Transformation
Awards
Presented by – Lorem Ipsum
1 : The Problem of “Unstructured Data”
Presented by – Lorem Ipsum
www.cognisure.ai 3
Problem – Commercial Lines
100 Million
Submissions
PC360 Estimate that Commercial Insurance
industry receive 100 Million Submissions
Every Year
80%+
ACORD Forms Property SOV Loss Runs
Presented by – Lorem Ipsum
www.cognisure.ai 4
Pain – Commercial Lines
250+
Million
Hours
On average 3-5 hrs. are spent by
Underwriters in reviewing each
submission email, documents and
manually rekeying the information
into Quote Systems
Presented by – Lorem Ipsum
2 : The Solution – CogniSure AI
Purpose built AI for Insurance Industry
Presented by – Lorem Ipsum
www.cognisure.ai 6
Solution – Commercial Lines
End to End AI Platform that can
convert Complex Insurance
documents into Risk Insights in
Minutes using AI/ML algorithms
Presented by – Lorem Ipsum
www.cognisure.ai
Solution – Commercial Lines
147 Page PDF , 331
claims, $2.9M
Incurred
10 year loss history
Email Submission to Risk insights
10+
hours
<1Min
7
Presented by – Lorem Ipsum
www.cognisure.ai
Vision – Eliminate the data exchange friction in the value chain
Millions of Hours and
Billions of Dollar Savings
to the Insurance Industry
across value chain of
Brokers/MGA/Carriers
01
02
04
03
End
Customer
Brokers
MGA/MGU/
Wholesaler
Carriers Customer
3600
View
Presented by – Lorem Ipsum
3 : Proof of Success
Company Overview
3 Years
Founded in
2019
100+ Clients
with NDA
Tremendous traction
12
Live
Happy Clients
30+
Insurance Experienced
Global Team
25+ Pilots in progress
Extremely Capital Efficient &
Cash flow Neutral in 2023
Strong Partnerships & Integrations
“CogniSure’s technology
is now easily accessible
through PolicyCenter,
allowing our joint
customers to receive
actionable insights that
would otherwise be
buried in unstructured
documents.”
Becky Mattick
Vice President
Gartner recognized CogniSure as a Vendor in “Digitally
Engineering Underwriting” which is at the peaks of
inflated expectations ( Hype Cycle)
Analyst Recognition
Nov 2020
Intelligent Text Ingestion
Prominent providers in
Insurance Industry
CogniSure
Thank
You

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CogniSure Inc. - InsurTech Innovation Award 2022

  • 1. Presented by – Lorem Ipsum Date – 20/ 05/ 2022 September 01, 2022 “A platform is considered a success when the economic value of everybody that uses it exceeds the value of the company that creates it” Americas InsurTech Transformation Awards
  • 2. Presented by – Lorem Ipsum 1 : The Problem of “Unstructured Data”
  • 3. Presented by – Lorem Ipsum www.cognisure.ai 3 Problem – Commercial Lines 100 Million Submissions PC360 Estimate that Commercial Insurance industry receive 100 Million Submissions Every Year 80%+ ACORD Forms Property SOV Loss Runs
  • 4. Presented by – Lorem Ipsum www.cognisure.ai 4 Pain – Commercial Lines 250+ Million Hours On average 3-5 hrs. are spent by Underwriters in reviewing each submission email, documents and manually rekeying the information into Quote Systems
  • 5. Presented by – Lorem Ipsum 2 : The Solution – CogniSure AI Purpose built AI for Insurance Industry
  • 6. Presented by – Lorem Ipsum www.cognisure.ai 6 Solution – Commercial Lines End to End AI Platform that can convert Complex Insurance documents into Risk Insights in Minutes using AI/ML algorithms
  • 7. Presented by – Lorem Ipsum www.cognisure.ai Solution – Commercial Lines 147 Page PDF , 331 claims, $2.9M Incurred 10 year loss history Email Submission to Risk insights 10+ hours <1Min 7
  • 8. Presented by – Lorem Ipsum www.cognisure.ai Vision – Eliminate the data exchange friction in the value chain Millions of Hours and Billions of Dollar Savings to the Insurance Industry across value chain of Brokers/MGA/Carriers 01 02 04 03 End Customer Brokers MGA/MGU/ Wholesaler Carriers Customer 3600 View
  • 9. Presented by – Lorem Ipsum 3 : Proof of Success
  • 10. Company Overview 3 Years Founded in 2019 100+ Clients with NDA Tremendous traction 12 Live Happy Clients 30+ Insurance Experienced Global Team 25+ Pilots in progress Extremely Capital Efficient & Cash flow Neutral in 2023
  • 11. Strong Partnerships & Integrations “CogniSure’s technology is now easily accessible through PolicyCenter, allowing our joint customers to receive actionable insights that would otherwise be buried in unstructured documents.” Becky Mattick Vice President
  • 12. Gartner recognized CogniSure as a Vendor in “Digitally Engineering Underwriting” which is at the peaks of inflated expectations ( Hype Cycle) Analyst Recognition Nov 2020 Intelligent Text Ingestion Prominent providers in Insurance Industry