Qumis provides an AI-powered platform for the insurance industry that helps brokers, claims leaders, attorneys, and risk professionals interpret and compare policy language more quickly and accurately. It uses a centralized Document Vault and a Prompt Library to organize and standardize reviews, with AI-assisted analysis that supports decision-making but requires human input. It differentiates itself with a strong focus on data security (private encrypted vault not used for training) and leadership with deep insurance and fintech experience, serving large U.S. brokers, specialty carriers, and insurance law firms. Its goal is to scale its AI capabilities and expand its customer base while continuously improving policy interpretation, claims handling, and underwriting through a trusted, knowledge-driven platform.
Company Size
11-50
Company Stage
Seed
Total Funding
$6.8M
Headquarters
Chicago, Illinois
Founded
2022
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