Sixfold

🔥🎉 Alex Schmelkin has been named one of the top B2B AI startup CEOs in the U.S., sharing the spotlight with some truly inspiring leaders in the AI field! Are we proud? To say the least! 

Thanks to Digital Insurance for featuring us in their top list of Insurtech funding rounds! 🚀 https://lnkd.in/g7fwUvmf #Insurtech #UnderwritingAI

Catch Alex Schmelkin and Jane Tran in a great conversation about our latest funding round, the insurtech entrepreneurship experience, and how we’re solving key customer challenges. Huge thanks to Joanna England and Insurtech Insights for featuring us!🙏

Alex Schmelkin crushed it at @Lloyd's Lab demo day this morning! The audience had some great questions about what we've built. If you couldn’t join us, here’s a quick recap of our accomplishments in the lab: - Worked with 22 mentors - Completed 24 user research sessions - Validated and built 2 product features with mentors -- evolution of our risk appetite match and outlook extension - 82% of underwriters recognized significant efficiency gains One of the best quotes from our mentor: “Our underwriters went into UX testing skeptics and returned converts. The Sixfold capabilities didn’t threaten them – they saw the potential positive impact on their work almost immediately.” Huge thanks to Lana J. and Gregg Tourville for all their work in the UK and to the rest of the Sixfold team for being part of this amazing journey! Photo cred: Kieren P.

From day one, we've partnered with legal experts and conducted ongoing product reviews with regulators to ensure our solution delivers efficiency in a secure, purposeful manner. We all share the same goal: safe AI use. Swipe for a sneak peek into our 2024 framework on how we ensure responsible AI, and download the full version here ➡️ https://lnkd.in/evurTuN2 #ResponsibleAI #UnderwritingAI

We kicked off our summer on a high note by welcoming 4 new colleagues! Get to know what excites them about Sixfold 😊 Sam Levine - Software Engineering “Returning to Sixfold this summer, I'm blown away by the growth. Last year, I was coding alongside just Brian Moseley, CTO, and Alex Schmelkin, CEO —which was an amazing experience. I learned a ton. Now, I'm part of a larger, more structured engineering team!” Benjamin Schmelkin - Software Engineering “Every week it feels like we're at a completely new stage than we were the week before, and there's a ton of people in similar shoes who just started as well. There is a sense of community with everyone working hard towards a common goal while still having fun!” Nina Augustini - Software Engineering “Sixfold feels like the cool dad jeans of the insurance world. They are not only functional and reliable, but also elevate your style and make your whole outfit feel fresh. I’m excited to be a part of a company filled with cool caring people who value transparency and working together” Reena Dadrah - Marketing and Sales Ops “Sixfold gave me the opportunity to combine my interests in a creative manner. Eagerness to learn is highly valued here, and there is so much room to make an impact. Tech/AI marketing is a new field for me, and I'm excited to advocate for such an excellent product!”

Our Lloyd's Lab program is coming to an end next week. It has been an incredible 10 weeks filled with underwriting insights, customer growth, and fine-tuning our product. A huge shout-out to our incredible mentors, whose guidance has exceeded all expectations 🙏 Wondering if this marks the end of Sixfold's presence in the UK? Absolutely not! As co-founder and COO Jane Tran told Insurance Times, “Expanding into the UK was a no-brainer,” and she couldn't be more right Read more here ➡️ https://lnkd.in/eZDDkdyq

Meet Sixfold’s newest team member, Barbara Muesing, who joins us as a Software Engineer! We asked her a few questions to get to know her better: 💡 What excites you about Sixfold? - I am excited to work on a solution where AI improves efficiency and effectiveness by taking over repetitive tasks, allowing underwriters to focus on what they do best. 📱 What’s your current phone lockscreen? - My adorable black and white pittie, Paisley, with a cow hat on! 🎵 What's the title of your favorite playlist? - It’s titled ‘Starred’ from when Spotify used to star songs. It's like a musical time capsule for myself. We're very excited to have Barbara on the team and hope that Paisley will visit the office soon (with or without her cow hat!). #NewHire #InsurTech #GenerativeAI

"You can’t just be thinking about compliance at the end of the day, after you’ve built this amazing, sexy new decision-making AI." The EU AI Act is bringing some tough regulatory challenges, especially for smaller insurtechs trying to break into the market. In his chat with Insurance Post, Alex Schmelkin highlighted that AI providers need to think about compliance from day one. At Sixfold, we're dedicated to making sure our AI underwriting tools meet these new rules, helping our clients tackle these challenges. Want to know how we do it? Download our Responsible AI report for more insights 📑 https://lnkd.in/evurTuN2 #Insurtech #Compliance #EUAIAct #ResponsibleAI

If you've been to one of our recent events, you've probably seen the print version of our Responsible AI report. Now, a digital version of that report is available! So, what will you find inside? 📝 An overview of Sixfold's approach to safe AI usage 📝 Frequently asked questions and answers around data privacy 📝 Why there's a need for a responsibility framework today Download it here ➡️ https://lnkd.in/evurTuN2 #Insurtech #AI #Underwriting