Chisel (company)

Chisel (company)

A software company that uses natural language processing to expedite routine work. It is located in Toronto, Canada and was founded in 2014.

Chisel is a Toronto-based artificial intelligence software company that uses natural language processing (NLP) to streamline the process of producing conventional data sources in the insurance industry, such as insurance documents, client records, and claims.The stated goal of this company is to drive down operational costs, reduce delays, and increase profits for insurance companies and other health-related entities.

Product

Chisel provides software for both insurance carriers and brokers. Features that carriers are able to utilize are data extraction from key insurance documents, automation of the intake process, artificial intelligence analysis of submissions, and errors and omissions checks to review the policy before it is sent out to the customer.

Brokers can also employ the data extraction feature to create new policy documents for every customer. Brokers have access to policy checks with which they can compare a policy to a submission, quote, binder, or old policy. Chisel can automatically compare policies for brokers with the intended result of finding the best coverage and pricing for each customer.

Timeline

January 30, 2019

Chisel Wins Zurich World Innovation Challenge

Chisel was chosen to receive the gold medal for the challenge in which 450 vendors participated.

People

Name
Role
LinkedIn

Atif Khan

Head Of Software Development

Jason McDermott

Chief Revenue Officer

Ron Glozman

Founder and CEO

Further reading

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References