$225-250k
+ Stock Options
More information about location
AI for insurance carriers
Open for applications
AI for insurance carriers
101-200 employees
Open for applications
$225-250k
+ Stock Options
More information about location
101-200 employees
To transform the insurance industry through a partnership between AI and human experts, ultimately making it more fair and affordable for everyone.
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View 15 more jobs at EvolutionIQ
111% employee growth in 12 months
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EvolutionIQ is a data-driven claim guidance platform for insurance providers. Its products combine structured and unstructured claim data with external third party data to provide powerful claim guidance, in an attempt to modernize the claims operations process.
The company's offering is certainly an attractive one for businesses handling large volumes of these claims - the solutions aim to help insurance providers detect and prevent fraud without impacting their productivity and customer experience. Historically, the insurance industry has had access to vast amounts of data without optimizing how they use it. EvolutionIQ's machine learning algorithms harness the learnings from every data point, allowing for much more well-informed, actionable insights.
Competition is steep among AI insurance firms, and EvolutionIQ counts rivals such as CCC Intelligent Solutions and Riskcovry in this space. However, the market size is huge and ripe for disruption. With a valuation of more than $200 million following a successful VC funding round, EvolutionIQ is focused on the further development of its product and international expansion as it hopes to capture a larger slice of this $10 billion market.
Freddie
Company Specialist at Welcome to the Jungle