A year ago, Sixfold was on the winning stage at Zurich Insurance’s Innovation Championship. Yesterday, our founder and CEO, Alex Schmelkin, was invited back to share what’s happened since and how far the collaboration has come... As Zurich North America CEO Kristof Terryn put it: “Sixfold delivers insights to make fast and confident decisions, ultimately driving better engagement with brokers and customers alike.” What started as a pilot with 16 underwriters is now used by hundreds across North America and is expanding globally. Big thanks to Zurich North America for the partnership! We’re proud to be part of the innovators changing the future of insurance. Read what Zurich had to say below 👇
AI is transforming underwriting at Zurich North America: we shared how at the inaugural Zurich Innovation Festival. During the Festival, Kristof Terryn discussed how Sixfold is helping us raise the bar for underwriting speed and precision. Sixfold, a winner of the Zurich Innovation Championship in 2024, is now in the hands of every U.S. Middle Market Commercial Underwriter. Its generative AI platform turns thousands of pages of exposure data, loss runs and risk reports into concise underwriter-ready summaries, helping our teams work faster, respond to more submissions and spend more time where it matters most: engaging with customers and brokers. We also recognized other former winners that Zurich North America works with, including Nearmap’s “Betterview” solution, which won the Championship in 2023. Nearmap, a leader in aerial imagery and AI analytics, helps identify property risks. This data improves Zurich’s U.S. Middle Market risk models and enables better eligibility decisions and more accurate premium calculations based on property features. Last year at the Zurich Innovation Championship, we celebrated our collaboration with Sixfold and shared early pilot results that showed real promise. Today, that promise is reality, and it’s just the beginning. This is why we invest in inventive products, services and AI to empower our people, accelerate growth and redefine what’s possible in commercial insurance. The Zurich Innovation Festival is all about collaborations like these and celebrating the winners of the Zurich Innovation Championship, startups shaping the future of insurance. We’re proud to be part of this global movement toward smarter, faster and more sustainable solutions. 👉 Learn more about the festival and our innovation journey: https://spkl.io/6041AXK05 #ZurichInnovationFestival #ZurichInnovationChampionship #AI #InsuranceInnovation #Sixfold #Nearmap #MiddleMarket #CommercialInsurance