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Shift Technology

AI-native fraud detection and claims automation platform for the global insurance industry

AI & Automation Established $320M (Unicorn - $1B valuation)
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Overview

Shift Technology is the leading AI-native platform for the insurance industry, delivering solutions that transform underwriting, claims, and fraud detection. Founded in 2014 by Jeremy Jawish, Eric Sibony, and David Durrleman, the Paris-based company has become a unicorn with a $1B+ valuation, serving hundreds of insurers worldwide.

The company maintains the largest data science team in the world focused solely on AI's application in insurance. Shift's technology has analyzed more than 2.6 billion policies and claims, leveraging its Insurance Data Network (IDN) to uncover patterns and connections across carriers in real time.

In September 2025, Shift launched "Shift Claims," powered by agentic AI, which helps transform claims operations by assessing and prioritizing cases, guiding claim handlers, and automating tasks across the claims lifecycle.

Products & Services

Shift Claims Fraud Detection

AI-powered fraud detection that identifies fraudulent behavior across claims, underwriting, subrogation detection, and financial crimes.

Key Features

  • Real-time fraud pattern detection across carrier networks
  • Integration with external data sources (geo-location, images, weather)
  • Generative AI-powered investigation assistance
  • Claims prioritization and case management

Target Users: Claims Adjusters, SIU Investigators, Fraud Analysts

Shift Claims (Agentic AI)

Next-generation claims transformation solution powered by agentic AI, launched in September 2025.

Key Features

  • Automated case assessment and prioritization
  • AI-guided claims handling
  • End-to-end task automation across claims lifecycle
  • Improved accuracy and reduced handling costs

Target Users: Claims Managers, Operations Leaders

Shift Underwriting

AI-powered underwriting solutions for risk assessment and fraud prevention at the point of sale.

Key Features

  • Underwriting fraud detection
  • Risk scoring and assessment
  • Application validation

Target Users: Underwriters, Risk Managers

At a Glance

Founded
2014
Headquarters
Paris, France
Employees
201-500
Funding
$320M (Unicorn - $1B valuation)

Category & Focus

Category
AI & Automation
Subcategories
Fraud Detection Claims Automation Underwriting
Insurance Verticals
P&C Life & Health Auto
Target Customers
Carriers, Self-Insurers, TPAs

Customers

  • Tokio Marine & Nichido Fire Insurance
  • Shelter Insurance
  • Insurance Council of Australia
  • Canadian Life and Health Insurance Association (CLHIA)
  • Hundreds of global insurers

Last updated: 2026-03-25