Coventus

AI-powered automation for P&C insurance agencies and regulated industries

Insurtech Infrastructure Established Bootstrapped

Overview

Coventus is an AI and automation solutions provider for regulated industries, with a primary focus on Property & Casualty insurance agencies and brokerages. Formerly operating as Eleviant Solutions, the company rebranded to Coventus AI Solutions and brings over 20 years of experience developing robotic process automation (RPA) and AI-driven tools. The company serves insurance agencies, healthcare providers, and financial institutions across North America.

The core product, vBots, is an intelligent automation platform purpose-built for P&C insurance operations. It combines RPA, machine learning, natural language processing, and optical character recognition to automate high-volume, repetitive tasks across quote generation, policy management, client servicing, and accounting. The platform supports on-premises deployment with real-time integrations into major agency management systems (AMS), carrier portals, and CRM platforms.

Coventus reports a base of 100+ insurance agency clients and has deployed 100+ custom automation solutions. Across its customer base, the company cites 10,000+ hours saved monthly, 100,000+ transactions processed monthly, and USD 3M+ in annual cost savings. The company operates with over 450 professionals globally.

Products & Services

vBots Intelligent Automation Platform

An AI-powered automation suite built for P&C insurance operations. vBots automates repetitive workflows across four primary categories: growth enablement (quoting, submissions, account setup), policy management (document retrieval, policy checking, renewals, endorsements, cancellation notices), client servicing (certificate of insurance generation, email categorization), and accounting (direct and agency bill reconciliation, data cleanup).

Key Features

On-premises AI deployment with audit trails and data encryption
Real-time integration with AMS, CRM, carrier portals, and email systems
Consistent logic engine that removes human error from manual processes
Compatible with Applied Epic, Vertafore, HawkSoft, and Veruna

Target Users: P&C insurance agencies and brokerages

vChat

A GenAI chatbot solution for customer-facing and internal use cases.

Target Users: Insurance agencies, brokers, and financial institutions

vInspect

A platform for digitized inspections and audit workflows.

Target Users: Insurance agencies and regulated industry operators

AI Advisory & Transformation Services

Consulting and implementation services including AI advisory, digital transformation roadmaps, cloud adoption, application development, SharePoint modernization, and quality assurance and testing.

Target Users: Insurance agencies, healthcare providers, financial institutions