Funding Details
- Awarder
- PlugAndPlayTechCenter
- Date Award
- May 15, 2024
- Funding URL
- View Funding Page
Company Info
- Company Description
- Vellum is a data and analytics platform built specifically for the insurance and reinsurance industry.
Vellum enables insurance companies to increase profitability by driving better decision making through AI-driven analytics that deliver insights regarding the book of business and portfolio growth, and continuously monitor aggregate, line of business or specific program or treaty performance. Vellum offers data collection capabilities in order to enable the AI-driven analytics tools provided without requiring data processing or collection capabilities to the customer.
Moreover, Vellum provides underwriting tools to increase efficiency and risk assessment accuracy and it provides specific reporting tools to allow insurance companies to increase trust and transparency in existing relationships with partners.
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