
Vellum Insurance offers a data analytics platform designed for the insurance and reinsurance industry. Their solution aims to streamline data ingestion, validation, standardization, and aggregation, transforming messy bordereau data into actionable insights. The platform enables real-time analytics, automated portfolio monitoring, and insurance-specific business intelligence, allowing insurers and reinsurers to identify trends, manage risks proactively, and improve decision-making. Vellum integrates seamlessly with existing infrastructure and emphasizes data security and compliance. Their approach leverages AI to provide holistic software solutions with modern tooling and industry-leading analytics, supporting stakeholders across underwriting, actuarial, claims, finance, and operations.

Vellum Insurance offers a data analytics platform designed for the insurance and reinsurance industry. Their solution aims to streamline data ingestion, validation, standardization, and aggregation, transforming messy bordereau data into actionable insights. The platform enables real-time analytics, automated portfolio monitoring, and insurance-specific business intelligence, allowing insurers and reinsurers to identify trends, manage risks proactively, and improve decision-making. Vellum integrates seamlessly with existing infrastructure and emphasizes data security and compliance. Their approach leverages AI to provide holistic software solutions with modern tooling and industry-leading analytics, supporting stakeholders across underwriting, actuarial, claims, finance, and operations.
Product: AI-native data & analytics platform for insurance and reinsurance
Primary use cases: Bordereaux ingestion/standardization, portfolio intelligence, automated reporting
Headquarters: New York City, United States
Employees (approx.): 18
Latest disclosed funding: Seed; $7,000,000 (reported), Oct 10, 2023
Insurance data fragmentation and poor-quality bordereaux that hinder underwriting, risk monitoring, and financial reporting.
2022
Insurtech / Insurance Data & Analytics
7000000.00 USD