P

Pace

AI agents for automating insurance operations

Product Partnerships

Full-Time
No salary listed
Senior
New York, NY, USA
In PersonThe team works in person across New York and London.
Sales & Account ManagementBusiness Development & Partnerships

About the job

Requirements
  • Have 5+ years in product partnerships, platform partnerships, business development, product strategy, or a similarly cross-functional role in AI, enterprise SaaS, fintech, or insurtech.
  • Have taken technical partnerships from idea to launch, including product scoping, commercial structuring, integration delivery, and go-to-market activation.
  • Be technically fluent enough to work credibly with product and engineering leaders on APIs, data flows, models, security, deployment architecture, and integration tradeoffs.
  • Turn an ambiguous strategic relationship into a focused roadmap, business case, and executable joint plan.
  • Understand platform and ecosystem business models, including co-sell, resell, marketplaces, embedded products, licensing, and white-label structures.
  • Think from the customer's operating problem backward and distinguish a strategically valuable integration from partnership theater.
  • Communicate effectively with executives while remaining comfortable working through detailed product, commercial, and delivery issues.
  • Build trust across Product, Engineering, Applied AI, Sales, Legal, Security, and partner teams, and create alignment without formal authority.
  • Be accountable for shipped capabilities and measurable outcomes, not just signed agreements.
Responsibilities
  • Own Pace's product and technology partnerships by building senior relationships and joint plans across frontier AI labs, core systems of record, insurance software platforms, data providers, cloud providers, and marketplaces.
  • Define the product-partnership strategy by prioritizing partners and opportunities based on customer demand, product differentiation, revenue potential, and strategic leverage, and develop a strategy and scorecard for each partner archetype and relationship.
  • Create joint customer value propositions by identifying where Pace agents can combine with partner models, data, workflows, or platforms to solve high-value insurance operations problems.
  • Work with Product, Engineering, and Applied AI to scope pre-built connectors, embedded workflows, model capabilities, and reusable deployment patterns; translate partner and customer needs into product requirements and sequencing decisions.
  • Develop commercial models, including co-sell, resell, marketplace, licensing, white-label, and embedded-product opportunities; own the business case and coordinate commercial, legal, security, and technical work through agreement and launch.
  • Turn partnerships into revenue by building joint business plans, account maps, launch plans, and field enablement; partner with Sales on opportunities and track partner-sourced and partner-influenced pipeline and ARR.
  • Lead complex cross-functional programs, aligning partner product teams, Pace engineers, customer stakeholders, and GTM teams on scope, ownership, timelines, launch criteria, and outcomes; surface tradeoffs and drive decisions without formal authority.
  • Develop a deep understanding of Pace's architecture, model-routing approach, computer-use capabilities, APIs, security model, and deployment options, and represent Pace credibly with technical and product leaders at partner companies.
  • Establish objectives and operating cadences to measure roadmap progress, adoption, pipeline, revenue, reliability, and customer outcomes; double down on partnerships creating leverage and reset those that are not.
  • Build the playbooks, governance, and internal processes needed to manage a growing product-partner ecosystem without slowing down.
Desired Qualifications
  • Experience with frontier AI labs, insurance core platforms, insurance data providers, cloud marketplaces, or enterprise technology ecosystems; relationships with Anthropic, OpenAI, Guidewire, Verisk, or Vertafore; or prior startup experience.

About the company

Pace builds AI agents that automate insurance back-office work. The agents autonomously perform end-to-end tasks such as submission intake, policy servicing, and claims handling (including First Notice of Loss) by navigating internal applications, interpreting documents, and even making phone calls. Their platform integrates with legacy systems, mainframes, and desktop apps so automation can span existing workflows. Unlike vendors that sell standalone software, Pace offers end-to-end outcomes with pricing based on successful transactions, targeting the sizable BPO spend in insurance and financial services and replacing manual or offshore workflows with AI-driven processes. The company aims to help insurers achieve faster, more accurate, and scalable operations by embedding AI agents into daily operations and outsourcing-like workflows.

Company Size

51-200

Company Stage

Series B

Total Funding

$46M

Headquarters

New York City, New York

Founded

2024

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Simplify's Take

What believers are saying

  • Pace raised $46 million on May 27, 2026, valuing the company at $375 million.
  • Pace claims 250,000 autonomous workflows and 30% faster claims cycles at Ryze.
  • Management says customer demand supports tens of millions of tasks across the US and Europe.

What critics are saying

  • Carriers can insource these workflows once models commoditize, crushing Pace's pricing power.
  • A bad claims or servicing error triggers insurer churn and regulatory scrutiny by 2027.
  • Microsoft, UiPath, and BPO incumbents can bundle similar automation into existing contracts.

What makes Pace unique

  • Pace sells outcome-based insurance operations, not seat licenses or generic copilots.
  • Its agents navigate legacy systems, mainframes, documents, and phones end-to-end.
  • Sequoia and Thrive backed Pace after Prudential, WTW, and Newfront deployments.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Unlimited Paid Time Off
  • Company Equity

Growth & Insights and Company News

Headcount

6 month growth

4%

1 year growth

0%

2 year growth

0%
Business Wire
May 28th, 2026
Pace Raises $46 Million Series B to Build the Next Century of Insurance

Pace, the AI operations partner for the world’s leading insurers, today announced its $46 million Series B, co-led by Thrive Capital and Sequoia Capital, wit...

TechStartups
May 27th, 2026
Pace raises $46M from Sequoia and Thrive to bring AI agents to the insurance industry.

Pace raises $46M from Sequoia and Thrive to bring AI agents to the insurance industry. Insurance has long been one of the biggest targets for AI automation. The industry still runs on mountains of paperwork, manual data entry, phone calls, policy reviews, and claims processing that can take days or weeks to complete. Investors are now pouring money into startups trying to rebuild those workflows with AI agents. One of the latest bets comes from Pace, a startup building AI agents for insurers. The company announced Tuesday it has raised $46 million in Series B funding co-led by Thrive Capital and Sequoia Capital, with participation from Emergence Capital and Pruven Capital. Pace works with insurers and brokers including Prudential, WTW, The Mutual Group, and Newfront. The startup says its AI agents have already completed more than 250,000 insurance workflows since launching last year. "At Pace, we are on a mission to insure more of the world's risk," said Jamie Cuffe, founder and CEO of Pace. "Closing the $9 trillion protection gap starts with AI-native operations and Pace agents are purpose-built for that work." With $46M in funding from Sequoia and Thrive, AI startup Pace aims to transform insurance workflows. The company's pitch is straightforward. Insurance firms still depend heavily on back-office workers to process submissions, service policies, handle claims, ingest documents, and move information between disconnected systems. Pace wants AI agents to take over much of that repetitive work. Its software can move through internal applications, read documents, reason across data, and even place phone calls to complete operational tasks that previously required human staff. That approach is gaining traction across the insurance sector, where companies are under pressure to reduce costs without slowing customer response times. Pace says its systems are already automating thousands of hours of manual work for Prudential across policy servicing and issuance workflows tied to customer acquisition. The company says its partnership with Ryze Claim Solutions has reduced claim cycle times by 30%, and its deployment at Convex US speeds up data ingestion for renewals and new business processing. Pace plans to use the new funding to scale what it calls an "agentic workforce" capable of handling tens of millions of operational tasks this year across the United States, Europe, and other global markets. "At Thrive, there are two things that really matter to us when investing in a company: ideas whose time has come and people who are really well matched to the problems they're working on," said Philip Clark, partner at Thrive Capital. "We are in this really special moment where the most important high-value parts of the knowledge economy are being augmented and automated to a significant degree by these models, and Jamie is one of those people where you go in biased to saying yes." Large insurers appear increasingly open to experimenting with AI systems that can plug directly into day-to-day operations rather than serving as simple chatbots or customer service assistants. "We're delighted to be partnering with Pace," said Terry Garrett, Head of Strategy and Operators, Risk & Brokering at WTW. "Our collaboration brings together shared ambition, complementary strengths, and a real commitment to doing things better - for our clients, colleagues, and the wider industry. This partnership will make a meaningful difference to our business model over the long term." The funding comes as investors continue to back startups building AI agents for enterprise work. Insurance has emerged as one of the biggest early markets for that shift. The industry generates huge amounts of structured and unstructured data, runs on repetitive workflows, and still relies on many processes built decades before modern AI systems existed. Pace is betting that insurers are finally ready to hand more of those operations to software.

Benzinga
May 27th, 2026
Pace raises $46M Series B to automate insurance operations with AI agents

Pace, an AI operations platform for insurers, has raised $46 million in a Series B round co-led by Thrive Capital and Sequoia Capital, with participation from Emergence Capital and Pruven Capital. The company partners with major insurers including Prudential, WTW and The Mutual Group, deploying AI agents to automate back-office tasks such as policy servicing, claims handling and data entry. Since launching last year, Pace has completed over 250,000 insurance workflows autonomously. Founder and CEO Jamie Cuffe said the company aims to address the $9 trillion protection gap through AI-native operations. The funding will support scaling operations to tens of millions of tasks globally this year. At Prudential, Pace automates thousands of hours of manual work, whilst at Ryze Claim Solutions it has reduced claim cycle times by 30%.

Target Markets Program Administrators Association
May 27th, 2026
Pace raises $46 million Series B to build the next century of insurance.

Pace raises $46 million Series B to build the next century of insurance. (May 27, 2026/Business Wire) Pace, the AI operations partner for the world's leading insurers, today announced its $46 million Series B, co-led by Thrive Capital and Sequoia Capital, with participation from Emergence Capital and Pruven Capital. Pace partners with several public insurers and brokers to provide its cutting-edge technology, including The Mutual Group, Newfront, Prudential, and WTW. Since launching last year, Pace has autonomously completed more than a quarter of a million critical insurance workflows with AI agents for the world's leading insurers. "At Pace, we are on a mission to insure more of the world's risk," said Jamie Cuffe, founder and CEO of Pace. "Closing the $9 trillion protection gap starts with AI-native operations and Pace agents are purpose built for that work." Pace will use this capital to help its customers scale their agentic workforce to tens of millions of operations tasks this year across the US, Europe and now globally. "At Thrive, there are two things that really matter to us when investing in a company: ideas whose time has come and people who are really well matched to the problems they're working on," said Philip Clark, partner at Thrive Capital. "We are in this really special moment where the most important high value parts of the knowledge economy are being augmented and automated to a significant degree by these models and Jamie is one of those people where you go in biased to saying yes." At Prudential, Pace automates thousands of hours of manual work across policy servicing and issuance for customer acquisition. In partnership with Ryze Claim Solutions, Pace resolves claim cycle times 30% faster, and at Convex US, AI agents speed up data ingestion for new business and renewals. "We're delighted to be partnering with Pace," said Terry Garrett, Head of Strategy and Operators, Risk & Brokering at WTW. "Our collaboration brings together shared ambition, complementary strengths, and a real commitment to doing things better - for our clients, colleagues, and the wider industry. This partnership will make a meaningful difference to our business model over the long term."