Arcimus
Arcimus, based in San Francisco, leverages a combination of AI and expert human judgment to streamline the insurance premium audit process, enhancing speed, reducing costs, and improving accuracy.
Company Overview
Arcimus is a B2B company based in San Francisco, California, USA, specializing in the automation of insurance premium audits. Established by a team with extensive experience at Meta, Salesforce, and Amazon, the company utilizes a hybrid approach combining large language models (LLMs) with human judgment. This methodology facilitates high-quality, fast, and cost-effective audits.
Services
Arcimus offers a suite of automation services designed to streamline the insurance premium audit process. Key offerings include automated data entry tasks such as inputting payroll, subcontractors, and 941's. The platform also uses AI to detect missing documents and request them from the insured. Additionally, Arcimus automates the verification of Certificates of Insurance and checks to ensure payroll and 941 forms match, allowing auditors to concentrate on more analytical aspects of the audit.
Industry and Market
Arcimus operates within the B2B Insurance industry, focusing on premium audits. Its technology serves businesses within the United States and the broader America/Canada region. The company leverages its expertise in AI and LLMs to address common industry pain points such as data entry and document verification, providing significant time and cost savings for its clients.
Y Combinator Involvement
Arcimus was part of Y Combinator's S23 batch. Participation in this prestigious startup accelerator has provided the company with valuable resources and mentorship opportunities. Through Y Combinator, Arcimus has enhanced its technical capabilities and expanded its market reach.
Founders
The company was founded by a team with a strong background in premium audits and software engineering, having worked for renowned companies such as Meta, Salesforce, and Amazon. Their combined expertise in auditing and technology has allowed Arcimus to create a solution that effectively addresses the complexities of insurance premium audits.
