Founded at Imperial College in London, Sprout.ai empowers insurance companies to settle claims in as little as 24 hours by providing data driven insights. Sprout.ai specialises in building and leveraging data sources via deep search to accurately validate, investigate and automate the context of claims – a first in the industry.
Sprout.ai believes that combining AI with external data sources is the future of streamlining insurance claims. The sheer volume of data analysed allows insurers to create objective, data-driven contexts around incidents that would otherwise be highly subjective and difficult to validate.
Sprout.ai works with major insurance companies across three continents to deliver increased fraud detection rates, reduced operating costs, faster claim settlement times and industrial grade security.
In the media
16th April 2020
InsurTech Sprout.ai Completes $2.5m Seed Funding
5th June 2020
Automated health claims platform rebrands as Sprout.ai
Based in the UK with existing health insurance partners, the technology, previously known as BlockClaim, is designed to integrate with existing claims software.
4th June 2020
5 Q’s for Niels Thoné, CEO of Sprout.ai
Until recently, our company was known as BlockClaim. We had a hybrid solution of a private blockchain for data gathering across legacy IT systems (which are everywhere in insurance) and AI