Precedent (Accelerator)

Funding Details
Awarder
PlugAndPlayTechCenter
Date Award
June 10, 2024
Funding URL
View Funding Page

Company Info
Company Description
Precedent's platform streamlines information exchange and negotiation between law firms and insurance carriers. We build trust and expedite settlements through transparency, standardization, and using proprietary artificial intelligence models. Precedent incorporates training data sourced from millions of documents and domain knowledge from insurance and legal experts. Moreover, the proprietary AI solutions automate administrative tasks, reduce delays, and avoid protracted settlements. Precedent streamlines communication and document review, letting legal and claims professionals zero in on priority files. Insurance companies can benefit from digitization and automation solutions provided by Precedent.

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