What is Further AI?
At FurtherAI, we are building a workforce of AI Assistants for the Insurance industry to handle repetitive, manual tasks involving unstructured data processing and data entry across disjointed systems. These AI Teammates automate Insurance workflows.
Problem
Insurance industry workers spend significant time on manual tasks like data processing and data entry
Drawbacks: Time-consuming, repetitive, prone to errors, involves disjointed systems
Solution
AI Assistants platform
Core Features: Handles repetitive tasks, automates data processing and data entry, integrates with multiple systems
Examples: Automating claim processing, customer data entry, policy management
Customers
Insurance agents
Occupation: Claims processors, underwriters, policy administrators
Unique Features
Specialized AI Assistants tailored for Insurance workflows
Integration with multiple systems in the Insurance industry
Automating manual tasks specific to Insurance processes
User Comments
Great tool for speeding up Insurance workflows
Highly effective in reducing human errors
Excellent support for processing large amounts of data
Saves time and improves efficiency
User-friendly interface
Traction
Launched Version 2.0 with enhanced features
500 active users within the first month of launch
$50k MRR, doubling every quarter
Secured $1 million in seed funding
Positive reviews from industry experts and users
Market Size
$5.1 trillion global Insurance industry market value in 2021
Expected to reach $6.3 trillion by 2025 with a CAGR of 4.5%
Increasing demand for automation and AI solutions in Insurance sector
