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Rehoboam for Insurance

Rehoboam for Insurance

Building the "Rehoboam" of Insurance – Seeking Capital & Strategic Connectors
Chicago, United States (USA)
3 Followers

Overview

Phase
Idea
Team Size
3-5

Industries

Fintech & Payments

Impacts

Innovation & Technology Transfer

What Drives Us

Mission

We’re tearing down the old IT walls in insurance and replacing them with AI-driven automation. No more outdated systems, no more CTOs and VPs of IT holding things back. Actuaries and business leaders will take control and drive the work—like the auto industry, where suppliers build the parts, and insurers just integrate. Our platform empowers those who truly understand the business to build, iterate, and execute—while AI handles the backend, faster and smarter than IT ever could.

Problem

Insurance is paralyzed by bloated IT departments and layers of bureaucracy. Actuaries and business people build shadow IT apps because they know they can move 10x faster than IT can deliver. Meanwhile, IT consultants pad their profits and managers play politics creating more inefficiency. Actuaries are stuck with outdated tools, while IT just slows them down. The industry is stuck in a cycle of causality because it’s run by a control-hungry IT hierarchy.

Solution

We’re obliterating insurance IT with an AI-powered platform that automates quoting, underwriting, claims, billing, data mining, BI, etc. No more waiting on IT—actuaries and business will finally drive innovation, building real solutions fast while AI runs the backend. We’ll replace inefficient IT departments and eliminate legacy systems with our AI-driven platform, making the entire insurance lifecycle smarter, faster, and more cost-effective.

Status

Achievements

Team
Prototype
Users
Partners
Revenues
Investors

Team

Co Founders

Srinath P
Srinath P
Founder

See Rehoboam for Insurance's team description, advisors, and founding story

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