Powerbroker AI
AI-powered insurance specialist automating workflows for commercial insurance agencies
Overview
Powerbroker AI is an artificial intelligence platform that automates critical insurance workflows for commercial P&C agencies. Founded in 2023 by Marcus Gallagher, Patrick Cooney, and David Alson, the company enables insurance professionals to generate new revenue and scale their operations without adding headcount.
The platform offers AI-powered tools for policy checking, quote and policy comparison, coverage analysis, and proposal generation. According to the company, their system can compare quotes, binders, policies, and forms in approximately 90 seconds and auto-generate proposals in under five minutes. This efficiency allows agencies to improve margins and expand their industry specializations.
Powerbroker AI serves over 50 customers, primarily large middle-market brokerages in the United States, with recent expansion into the UK and Canada. The company was selected for the BrokerTech Ventures 5th cohort accelerator program in 2024 and has raised $4.5M in total funding.
Products & Services
Coverage Check
AI-powered policy analysis tool that identifies coverage gaps, exclusions, and potential issues in insurance policies.
Key Features
- Automated coverage gap identification
- Exclusion analysis
- Policy compliance validation
- Risk assessment recommendations
Target Users: Account Managers, Producers, Service Teams
Quote & Policy Comparison
Rapidly compares quotes and renewal options to help agencies evaluate carrier offerings efficiently.
Key Features
- Multi-carrier quote comparison
- Renewal analysis
- Side-by-side policy evaluation
- 90-second average processing time
Target Users: Producers, Account Managers
Forms Comparison
Compares insurance forms across different policies to identify key differences and coverage variations.
Key Features
- Form-to-form comparison
- Endorsement analysis
- Coverage difference highlighting
- Industry-specific form knowledge
Target Users: Account Managers, Technical Staff
Proposal Generation
Auto-generates client-ready proposals and customer updates based on policy and quote data.
Key Features
- Automated proposal creation
- Customer update generation
- Brand-customizable templates
- Under 5-minute generation time
Target Users: Producers, Account Managers, Marketing Teams
SOV Builder & Comparison
Builds and compares statements of value for property insurance placements.
Key Features
- Automated SOV construction
- Historical data comparison
- Property data validation
- Multi-location management
Target Users: Account Managers, Underwriters
Policy Checking
Validates policy documents against quotes, binders, and client specifications.
Key Features
- Policy-to-quote verification
- Binder compliance checking
- Error detection
- Quality assurance automation
Target Users: Policy Checking Teams, Account Managers
At a Glance
- Founded
- 2023
- Headquarters
- San Francisco, California
- Employees
- 1-10
- Funding
- Pre-Seed
Category & Focus
- Category
- AI & Automation
- Subcategories
- Policy Checking Document Comparison Proposal Generation Coverage Analysis
- Insurance Verticals
- P&C Commercial
- Target Customers
- Agencies, Brokerages, MGAs, Carriers
Customers
- IMA
- The Partners Group
- Scott Insurance
- Epic Insurance Brokers
- Plexus Groupe
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Last updated: 2026-03-25