S

SecondSight

AI-powered underwriting infrastructure platform for cyber insurance

Underwriting & Risk Growth Series A
Visit Website

Overview

SecondSight is an underwriting infrastructure platform specializing in cyber insurance. The company provides verticalized AI and agentic automation to help carriers, MGAs, and reinsurers make informed underwriting decisions at scale. Built on a focus on eliminating friction in the cyber insurance process, SecondSight delivers pricing transparency and simplifies insurance operations for businesses across commercial and specialty markets.

The platform powers risk assessment, placement, monitoring, and mitigation across the digital risk lifecycle. SecondSight integrates with core insurance systems and provides underwriters with AI-powered recommendations that surface risks and accelerate decision-making. The company's Underwriter Workbench delivers 97% digitization accuracy and achieves 34-42% faster underwriter response times, while the Broker Workbench reduces intake time by 60-80%.

SecondSight has achieved significant traction with 27 of the top 30 insurance markets using the platform for coverage binding, and operates across 18+ markets globally. The company raised USD 3M in seed funding in 2022 and completed a Series A round in April 2026, bringing total funding to USD 14.7M.

Products & Services

Underwriter Workbench

Scores submissions and surfaces risks with AI-powered recommendations to underwriters.

Key Features

  • Automated risk scoring and analysis
  • 97%+ digitization accuracy
  • 34-42% faster underwriter response times
  • Risk ranking and prioritization

Target Users: Insurance underwriters at carriers and MGAs

Company Workbench

Standardizes submissions from various formats into structured data for consistent processing.

Key Features

  • Submission standardization
  • Data normalization
  • Format agnostic intake
  • Structured data output

Target Users: Back-office teams at carriers and MGAs

Broker Workbench

Integrated platform for brokers to handle quoting, binding, and monitoring at scale.

Key Features

  • Quote-to-bind workflow
  • Portfolio monitoring
  • 60-80% reduction in intake time
  • Self-service broker portal

Target Users: Insurance brokers and agencies

Shape

Risk accumulation modeling and catastrophe scenario simulation with portfolio exposure visualization.

Key Features

  • Accumulation risk modeling
  • Catastrophe scenario simulation
  • Portfolio exposure visualization
  • Risk concentration analysis

Target Users: Underwriting managers and risk analysts

ExposureAI

Risk segmentation and analysis tool providing 30%+ improvement in risk segmentation capabilities.

Key Features

  • AI-powered risk segmentation
  • Segment analytics
  • 30%+ improvement in segmentation accuracy
  • Customer profiling

Target Users: Underwriting teams, pricing analysts

Risk Tracker

On-premise technology installed within a company's network to measure digital risk internally and identify vulnerabilities while enabling precise quote generation.

Key Features

  • Internal risk measurement
  • Vulnerability identification
  • Firewall-compatible installation
  • Precise quote generation enablement

Target Users: Brokers, agents, customers seeking cyber insurance

At a Glance

Founded
2019
Headquarters
Bloomington, Indiana, USA
Employees
11-50
Funding
Series A

Category & Focus

Category
Underwriting & Risk
Subcategories
Risk assessment underwriting automation risk scoring
Insurance Verticals
P&C Commercial Specialty/E&S Reinsurance
Target Customers
Carriers, Brokers, MGAs, Reinsurers

Customers

  • Beazley
  • AXA
  • Tokio Marine
  • Travelers
  • Insuretrust
  • USI

Links

Similar Companies

Last updated: 2026-06-16