NFP has now integrated Qumis’ technology across its property and casualty (P&C) and claims teams. Since the rollout, brokers and claims advisors have seen improvements in both the volume of policy reviews and their ability to focus on higher-value strategic client services.
Founded in 2023, Qumis offers a platform that leverages artificial intelligence to analyze insurance policies and extract critical information. The Chicago-based company raised $2.2 million in a pre-seed funding round earlier this year to support its product development and growth.
“NFP differentiates itself through our commitment to technology, data, and innovation,” said Mark J. Rieder, Head of Innovation at NFP. “Our strategy is built around harnessing data and technology to deliver better client outcomes. Qumis helps our teams move faster, work smarter, and deliver legal-grade analysis with confidence. It’s exactly the kind of technology we want in our tech stack.”
Dan Schuleman, co-founder and CEO of Qumis, added: “We’re proud to support NFP’s innovation strategy and provide the AI infrastructure that brokers need to navigate the growing complexity of policy work at scale. Qumis is modernizing how teams work, while powering intelligence-driven decisions that help insurance professionals work faster, operate more efficiently, and maintain legal-grade precision.”
The partnership marks another step forward in the growing use of AI across the insurance industry to streamline operations and enhance client service.
