The Work Index by Flexa

Planck

Planck is an AI-powered data platform for commercial insurance that helps insurers increase premiums while reducing loss and expense ratios.

5.6

/10

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Description

Planck is a leading AI-powered data analytics platform for commercial insurance. Founded in 2016, they have already raised over $71 million in funding and are working with top US carriers. Their focus is on empowering commercial insurance underwriters with superhuman research and insight generation capabilities to build a true and complete picture of business risk. Planck’s proprietary AI provides an incomparable view of business risk trained specifically for commercial insurance underwriting.

Planck's platform, PLUS Risk Workbench, uses proprietary algorithms to map a business’s digital footprint and create powerful underwriting insights in seconds. By gathering real-time data from thousands of available sources, Planck provides underwriters with a complete and business-specific risk assessment. This enables carriers to confidently bind, assign, or reject submissions based on a complete, real-time risk assessment. Planck's mission is to help insurers grow their new and retained commercial business while reducing their loss and expense ratios.

Mission

Planck provides an AI-powered data platform for commercial insurance, helping top US insurers increase premiums while reducing loss and expense ratios. Planck's mission is to empower commercial insurers by generating actionable insights that streamline the commercial underwriting process, enabling insurers to instantly and accurately underwrite any policy.

Automation
Data-driven
Disruptor

Culture

Planck fosters a culture of accuracy, relevance, and challenge. They believe in the power of data and strive for the most accurate insights, while emphasizing the importance of staying relevant in a rapidly changing world. Their team embraces a challenger mindset, encouraging open dialogue and questioning assumptions to create the best possible solutions.

DE&I

Planck is committed to building a diverse, equitable, and inclusive workplace that reflects the world around them. They believe that a diverse team with different perspectives leads to better innovation and stronger business outcomes. Their efforts are focused on attracting and retaining a wide range of talent, creating an inclusive environment where everyone feels valued and respected, and fostering a culture of equity where everyone has the opportunity to succeed.

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