Overview
Parasol is an insurtech startup that develops broker-centric AI agents designed to streamline insurance placement processes for brokerages. The platform empowers insurance brokers by automating time-consuming tasks while maintaining human oversight through a "human in the loop" approach that allows brokers to approve and override AI agents at each step of the placement process.
Founded in 2024 by Kaspar Harsaae and Mohamad Mirzan, the company is headquartered in London and has participated in the Techstars London accelerator program. Parasol focuses on transforming insurance through innovation, particularly in the areas of proposal review, quote comparison, and policy documentation.
The platform offers digital client application forms, automatic submission document generation, AI-powered quote ingestion, and automated proposal creation, all designed to reduce friction from every step of the placement process.
Products & Services
Parasol AI Agent Platform
An agentic AI workflow platform that automates insurance brokerage operations while keeping brokers in control.
Key Features
- Digital client application forms with smart data mapping
- Automatic submission document generation
- AI-powered quote ingestion with OCR transformation
- Quote comparison and management tools
- Policy documentation and compliance checklists
- Automated proposal creation
- Outlook integration for underwriter communication tracking
Target Users: Insurance brokers and brokerage operations teams
CoverChart
Risk visualization platform featuring mudmaps and policy charts.
Key Features
- Policy chart visualization
- Mudmap generation
- Portfolio benchmarking across client base
- Risk profile visualization
Target Users: Insurance brokers, account managers
Digital Applications
Client data collection system that eliminates redundant form-filling.
Key Features
- Drag-and-drop file zones for operational risk profile ingestion
- Automatic population of underwriter-specific applications
- Client portal for employee data contribution
- Smart data mapping with error detection
Target Users: Clients, brokers, underwriters
At a Glance
- Founded
- 2024
- Headquarters
- London, England
- Employees
- 2-10
- Funding
- Pre-seed
Category & Focus
- Category
- Distribution & Sales
- Subcategories
- Proposal Management Quote Comparison Broker Workflow Automation
- Insurance Verticals
- Commercial Lines P&C
- Target Customers
- Insurance Brokers, Brokerages
Customers
- Mid-market insurance brokerages
- Commercial insurance brokers
- Specialty lines brokers
Links
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Last updated: 2026-06-05