Overview
Reserv is an AI-native third-party administrator (TPA) and software provider for property and casualty insurance. Purpose-built by claims and technology veterans, Reserv delivers tech-forward claims handling at scale, enabling insurers to drive down loss costs, streamline operations, and improve the customer experience.
Founded by industry veterans Martha Dreiling and CJ Przybyl in 2022, Reserv combines experienced claim professionals with advanced technology that improves claim handling and reporting. The company's platform has claims teams across North America, the United Kingdom, and the EU, supporting over 100 clients worldwide.
Reserv has achieved rapid scale, reaching more than $75M in annual recurring revenue with over 500 staff globally. The company has been recognized as a Delegated Claims Administrator (DCA) by Lloyd's of London, named one of CB Insights' Top 50 Most Promising Insurtechs of 2024, and awarded "Best Newcomer" by the British Insurance Awards.
Products & Services
Claims TPA Services
Full-service claims administration for P&C insurers.
Key Features
- AI-powered claims processing
- Experienced claims professionals
- Multi-jurisdiction coverage (NA, UK, EU)
- Real-time reporting and analytics
Target Users: Insurers, MGAs, Self-insureds
Automated Rollover Technology
Rapid data migration from legacy systems.
Key Features
- Transfers and structures unorganized data from legacy systems
- Reduces migration timeline from 9 months to under 2 weeks
- Automatic data mapping
- Seamless system transition
Target Users: Insurers transitioning from legacy TPAs
Claims Analytics Platform
Data warehouse and generative AI capabilities for claims operations.
Key Features
- Advanced analytics
- Generative AI for process automation
- Performance dashboards
- Loss cost optimization
Target Users: Claims managers, Operations teams
At a Glance
- Founded
- 2022
- Headquarters
- New York, NY
- Employees
- 501-1000
- Funding
- Series B ($41M total round, $55M+ total)
Category & Focus
- Category
- Claims Management
- Subcategories
- TPA Services Claims Automation AI Claims Processing
- Insurance Verticals
- P&C
- Target Customers
- Carriers, MGAs, Self-Insureds
Customers
- 100+ clients worldwide
- Lloyd's of London (DCA status)
- Major insurers, MGAs, and self-insureds
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Last updated: 2026-03-25