Two Sigma IQ
About Two Sigma IQ
Two Sigma IQ is an insurance technology company that provides underwriting solutions for the property and casualty insurance industry. The company offers software for data ingestion and underwriting workflows for commercial P&C insurers and managing general agents (MGAs). Two Sigma IQ serves the insurance industry, focusing on underwriting and risk assessment through data science and automation. It is based in New York, New York.
Loading...
Loading...
Latest Two Sigma IQ News
Jun 21, 2023
Two Sigma Insurance Quantified, a P&C underwriting technology provider, has acquired Groundspeed Analytics, a provider of ingestion and data solutions for the commercial P&C industry. Insurance Quantified’s end-to-end underwriting workbench, SubmissionIQ, and Groundspeed’s ingestion and data solution will continue to be offered separately. The combined company also expects to expand its SaaS technology capabilities and data offerings for the commercial P&C industry. Groundspeed publicly disclosed $32 million in funding since its inception in 2015. Some of its customers include Travelers, Liberty Mutual, and Swiss Re. Eric Kobe will join the Insurance Quantified leadership team. Insurance Quantified will also open an office in Ann Arbor, Michigan, where Groundspeed was founded. “This is a powerful combination. We look forward to leveraging our collective strengths to deliver even greater value to our clients, which together include more than 15 of the most innovative and respected carriers and MGAs in the insurance industry. With the company’s size, breadth, and backing from Two Sigma, Insurance Quantified stands alone as a trusted partner that the industry can count on over the long term for underwriting technology.” – Brian Modesitt, CEO of Insurance Quantified. “By combining forces, we are able to accelerate delivery of our product roadmap. We are excited about the possibilities this acquisition brings to provide enhanced solutions to our valued customers with strong financial backing to execute on our long-term vision.” – Eric Kobe, CEO of Groundspeed Analytics. Share this A really good email covering top news. Leave this field empty if you're human: Related Posts
Two Sigma IQ Frequently Asked Questions (FAQ)
Where is Two Sigma IQ's headquarters?
Two Sigma IQ's headquarters is located at 100 Avenue of the Americas, New York.
Who are Two Sigma IQ's competitors?
Competitors of Two Sigma IQ include Federato and 5 more.
Loading...
Compare Two Sigma IQ to Competitors
mea is a technology company that focuses on the insurance sector. It provides AI-driven data processing and underwriting solutions. The company offers a platform that automates the submission and claims processes for insurers, managing data ingestion, compliance checks, and document processing with generative AI. It serves insurers, brokers, and managing general agents (MGAs). It was founded in 2021 and is based in London, United Kingdom.
Pibit.ai is an Insurtech company focused on commercial underwriting workflows for property and casualty insurers and managing general agents through artificial intelligence. The company offers a solution that processes loss run files into reports with insights, intended for underwriting efficiency and decision-making. Pibit.ai serves the insurance industry, providing tools to assess risk and evaluate claims. It was founded in 2020 and is based in Bengaluru, India.
Further AI uses artificial intelligence in the commercial insurance sector. It provides assistants that automate document processing and assist with underwriting, claims, and compliance tasks. Its technology addresses challenges in the insurance industry, including increased submission volumes and operational efficiency. Further AI was formerly known as OneHop. It was founded in 2023 and is based in San Francisco, California.
Convr is a company focused on AI-driven underwriting solutions for the commercial property and casualty insurance industry. Their offerings include a modularized underwriting workbench that improves the underwriting process through data enrichment, risk scoring, and document processing. Convr serves commercial P&C carriers, reinsurers, managing general agents, and underwriters. It was founded in 2015 and is based in Schaumburg, Illinois.
Kalepa focuses on enhancing underwriting performance in the commercial insurance industry. The company's main service is an artificial intelligence (AI)-powered underwriting workbench, which helps underwriters focus on high return on investment opportunities, quickly evaluate submissions, and understand the hidden risks associated with each case. It primarily serves the commercial insurance industry. It was founded in 2018 and is based in New York, New York.
Send Technology provides underwriting software for the commercial insurance sector. Its offerings include an underwriting workbench that automates the underwriting process, as well as tools for data integration and compliance management. The platform serves insurers and managing general agents (MGAs), facilitating operational efficiency and data-driven decision-making. It was founded in 2017 and is based in London, United Kingdom.
Loading...