ancep
United Kingdom · Fintech · AI · Enterprise software
ancep builds AI agents that help commercial insurance brokers process submissions and place policies using their existing systems.
Product
ancep develops AI agents for commercial insurance brokers who want to place smaller risks without adding administrative work. The agents read submissions, prepare brokerage documents and approach insurers through email, portals and APIs.
The software works within policy administration systems, electronic trading platforms and CRMs. Brokers review the agents’ outputs and retain responsibility for binding coverage. The company charges a share of the value its agents generate.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Undisclosed | $8.5M | Creandum — LeadChrista Davies — ParticipantKleiner Perkins — ParticipantVicus Ventures — Participant |