Federato
Federato offers a RiskOps platform for P&C and Specialty insurance, enhancing underwriting productivity and precision by integrating Google Cloud’s AI and reducing tool dependency.
Series B Funding
Federato successfully raised $25M in Series B funding. This financial milestone supports the company's growth and innovation initiatives. The funding aligns with Federato's vision of revolutionizing the insurance sector through advanced AI and underwriting solutions.
AI Underwriting Solutions
Federato integrates Google Cloud’s AI capabilities to deliver new AI underwriting solutions. These sophisticated AI tools enhance portfolio risk management and offer real-time risk selection guidance. The technology aims to improve underwriting productivity, precision, and overall outcomes.
RiskOps Platform
The RiskOps platform provided by Federato focuses on P&C and Specialty insurance. It aligns portfolio strategy with underwriting action, offering a unified underwriting workflow to eliminate mundane tasks. This platform allows underwriters to concentrate on high-value strategic tasks, reducing the number of tools and data sources needed to price a risk from 14 to 1.
Underwriting Workflow Enhancement
Federato's unified underwriting workflow is designed by underwriters for underwriters. It focuses on improving underwriting productivity by simplifying processes and eliminating repetitive tasks. The platform’s design aims to boost precision and enhance decision-making outcomes.
RiskOps Broker Portal
Federato serves over 200 agencies through its RiskOps Broker Portal. This portal simplifies and speeds up bond submissions, aiming to enhance operational efficiency and streamline underwriting processes for insurance agencies.