Planck

 

Planck, an automated AI-based data platform for commercial insurance, has solved the industry’s long-standing need for real-time accuracy and truth. Planck drives service and underwriting excellence by connecting insurers to the most up-to-date insights, with just a business name and address. Global carriers, MGAs, and insurtechs leverage Planck’s holistic solution for customer acquisition and growth strategies, submission prefilling and validation, underwriting new business, renewing existing policies, premium auditing, and more. The platform makes managing risk much faster and more predictable, resulting in increased written premium while reducing loss and expense ratios.

Planck was founded by a team of relentless entrepreneurs with extensive backgrounds in insurance and technology and has almost 100 employees globally. The company has raised $50 million to date led by 3L Capital, Greenfield Partners, Arbor Ventures, Viola Fintech, Team8, and Eight Roads.

Products & Services

  • Submissions
  • Underwriting
  • Renewal
  • Life of Policy Risk Alerts
  • Customizable Insights
  • NAICS Code Classification

Industries Served

  • Commercial Insurance carriers

Clients Include

  • We currently serve 6 out of the top 10 US carriers and top global carriers in Japan, Germany and the UK.

Client Testimonials

“Nationwide recognizes the potential of Planck’s insights to help carries and agents keep up with customer demands for efficiency and accuracy.”

– Nationwide

“We are always looking to ease our brokers’ lives by providing them with added value and tools to improve business efficiency. Quality data is the key for all of it.”

 

–  Republic Indemnity