AI Insurance YC Application

Winter 2019Active

AI Insurance went through Y Combinator in the Winter 2019 batch as a Fintech company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch: Winter 2019
Industry: FintechInsurance
Team size: 16
Status: Active
Launched: 2018

Founders

Cameron MacArthurFounder

What AI Insurance does

AI Insurance is the platform that small-to-midsize insurance companies use to run every part of their business. Before we showed up, they used spreadsheets and filing cabinets - wasting as much as 60% of revenue on administrative expenses. We’re doing what Salesforce did for SMB sales teams, but we’re tapping into the over 10,000 insurance companies that waste $238 Billion dollars annually.

AI Insurance's YC application, reconstructed

Y Combinator application

AI Insurance, Winter 2019 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

AI Insurance

Describe what your company does in 50 characters or less.

Platform that runs insurance companies

What is your company going to make? Please describe your product and what it does or will do.

We've built a platform that small-to-midsize insurance companies use to run their entire business. Before us, these companies managed policies and claims with spreadsheets and filing cabinets, wasting up to 60% of their revenue on admin. Our product replaces that chaos with software that covers underwriting, claims processing, and customer management in one system.

Where do you live now, and where would the company be based after YC?

We live and operate out of New York City and San Francisco. After YC, we plan to keep the company based in these cities.

Explain your decision regarding location.

We picked NY and SF because they are hubs for insurance and tech respectively. We're close to customers and talent in both locations, which helps us tackle the complex insurance industry while building a strong tech product.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

See full application

Frequently Asked Questions

Is this the real AI Insurance YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from AI Insurance's public data (launch notes, founder backgrounds, product description). It shows how a company like AI Insurance would present itself to YC, not the text they submitted.