Overview
Qumis is the only lawyer-built AI platform designed to transform insurance knowledge work. Founded by an insurance coverage attorney and a former Goldman Sachs technology leader, Qumis combines legal expertise with generative AI to deliver attorney-level insights, precision, and reliability across all lines of coverage.
The platform addresses insurance's fundamental challenge: making dense policy documents understandable and actionable for professionals and clients. By automating policy analysis and claims assessment, Qumis converts hour-long tasks into seconds, enabling brokers, claims teams, and attorneys to focus on strategic work.
Qumis is trusted by five of the 15 largest U.S. insurance brokers, as well as leading specialty carriers and top insurance-focused law firms. The platform is SOC 2 Type I certified and enterprise-ready, with client data protected and never used for AI training.
Products & Services
Policy Comparison
Side-by-side analysis of multiple insurance policies offering actionable insights for quote evaluation and placement decisions.
Key Features
- Compare multiple policies simultaneously
- Identify coverage differences and gaps
- Generate actionable insights for brokers
- Visual analysis with QumisScore accuracy rating
Target Users: Brokers, Risk Professionals
Policy Chat
Natural language interface for querying uploaded policies with context-rich, cited responses.
Key Features
- Ask questions in plain language
- Receive responses with full citations
- Context-aware understanding of policy terms
- Prompt library for reusable queries
Target Users: Brokers, Claims Teams, Attorneys
Claim Coverage Analysis
Rapid and accurate coverage determinations with automated draft report and letter generation.
Key Features
- Fast coverage determinations
- Automated draft reports
- Claims letter generation
- Supports complex specialty lines
Target Users: Claims Leaders, Insurance Attorneys
Document Vault
Centralized, encrypted repository for policies and quotes with intelligent search and organization.
Key Features
- Private, encrypted storage
- Searchable document repository
- Reusable analysis across workflows
- Enterprise-grade security
Target Users: Enterprise Insurance Teams
Legal Search (Beta)
AI-powered legal research for coverage questions with relevant case law and citations.
Key Features
- Ask legal questions related to claims or coverage
- Receive relevant case law citations
- Support for coverage determinations
Target Users: Insurance Attorneys, Claims Teams
At a Glance
- Founded
- 2023
- Headquarters
- Chicago, Illinois
- Employees
- 11-50
- Funding
- Seed
Category & Focus
- Category
- Underwriting & Risk Assessment
- Subcategories
- Policy Analysis Coverage Comparison Claims Coverage Analysis
- Insurance Verticals
- P&C Specialty
- Target Customers
- Carriers, Brokers, Attorneys, Risk Professionals
Customers
- NFP (integrated across P&C and claims operations)
- Five of the 15 largest U.S. insurance brokers
- Leading specialty carriers
- Top insurance-focused law firms
Similar Companies
-
Relativity6 🤖AI-powered risk data platform for business classification, KYB verification, and commercial underwriting automation. -
RedZoneIntelligent wildfire and natural disaster intelligence for insurance, utilities, and emergency response. -
RRGAXTransforming the future of life insurance through innovation, technology, and strategic partnerships.
-
QuantumergeThe first AI-powered platform for M&A transactional risk insurance -- streamlining R&W underwriting from submission to binding.
-
QQuanteeAI-driven insurance pricing software for carriers and MGAs -- acquired by Guidewire in 2025
-
PPrevisicoReal-time, property-level flood forecasting and intelligence for insurers and risk managers
Last updated: 2026-05-12