The Next Chapter for Federato Starts Now

Instead of spending the last year waxing poetic about what might be possible one day, our team at Federato has been working with our customers to make real advances today. 

You may have noticed our new logo and updated brand. That’s not decoration: it’s a signal that a lot has changed, and that Federato has opened the next chapter in our history. 

What’s new? Everything.

We’ve built the first professional-grade Agentic AI for the insurance industry. 

This system is capable of performing complex analyses with depth and rigor at the speed of AI. A team of agents does the work, checks their work for accuracy, pays strict attention to the customer’s strategy, internal guardrails, and regulatory and compliance obligations, while staying laser-focused on driving the better business outcomes our customers want. It does all of this faster and deeper than humanly possible and gives underwriters the time to focus on the nuances and relationships that only they understand. 

Federato solves a critical problem in the industry. According to Federato’s research, less than 25% of bound risk meets the insurance company’s strategy. Companies face an overwhelming number of submissions, with no ability to act on the best deals until the underwriter gets to them.

Triage helps a little bit at the front end, but once that’s done most insurers still revert to a set of painfully slow, painfully analog processes. Triage alone isn’t working and it’s time the industry stopped pretending that it does. 

Instead of taking days to analyze a submission, Federato can do it in minutes, using the same logic a human underwriter would use. More important, every quote includes a detailed explanation of its reasoning. Starting from a complete quote gives underwriters the time to make the nuanced decisions only experts can make.

Federato is pushing the edge of agentic AI at the request of our customers. Organizations like Ascot, Mission, Nationwide, and Ryan Specialty have not only gone live with Federato's AI capability but are actively encouraging our organization to deliver value that only an AI-native platform that serves the full policy lifecycle can.

“Ascot partnered with Federato because of our shared dedication to innovation and belief in the business impact and efficiencies that AI can unlock for our underwriters. We are excited to be live with Federato and looking forward to the ongoing deployment of AI-enabled tools across various underwriting units to help our teams better serve our clients."
-  Jesse Paulson, U.S. Chief Underwriting Officer, Ascot

We’re now the only AI-native platform that spans the full policy lifecycle. 

For the first time, insurers have a real choice. They can take advantage of an end-to-end platform architected to make the most of all of their data and every advance in AI right from the start — with none of the compromises that characterize aging legacy systems. 

Or they can use Federato to get AI disruption wherever they need it and stability where they don’t.

Either way, they can make an important step forward.  

"What has become apparent to us is it’s no longer a question of what you can automate, it’s what you should automate." -  Michael Waller, VP, Technology Business Operations at MISSION

We let you remake your core your way, because remaking your core is getting more urgent every day. 

Built over decades of M&A and held together by armies of consultants, the Old Core, the former bedrock of the insurance business, has become so old it puts the industry at risk.

It’s too patched together to keep up with change. Too brittle to support innovations in AI. And too clumsy to meet the needs of an industry that’s evolving fast.

The risks of doubling down on the Old Core get higher daily.

Insurers need a new system that is stable, future-ready, and purpose-built to drive better business outcomes and that’s exactly what we’ve been working with our customers to create.

Better decisioning built-in, not bolted on.

The Old Core of insuretech was built on one acquisition after another. M&A has always been the answer to every question, and that will be the “answer” now. But customers know that bolted-on AI will always be disappointing, because it’s built on compromised legacy systems and siloed data. It can never really deliver on the promise of AI, because it was never built to do that.

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We’re a different and better company now, and that’s thanks to our customers. 

Our customers have a different mindset than a lot of people in the insurance industry. They are visionary, impatient, and demanding and that’s exactly why we love working with them. They want what they want, they want it now, and they won’t rest until they get it.