# Proof IT > Core insurance platform provider for European P&C, health, and reinsurance carriers ## At a glance | Field | Value | | --- | --- | | Category | Core Administration | | Type | Solutions Provider | | Region | EMEA | | Headquarters | Riga, Latvia | | Founded | 2004 | | Stage | Established | | Employees | 51-200 | | Funding | Bootstrapped | ## Overview Proof IT is a core insurance platform provider serving P&C, health, and reinsurance carriers in Europe. Founded in 2004 in Riga, Latvia, the company entered the insurance industry in 2008 and has since built a dedicated insurance practice around a modular, cloud-ready core platform covering policy administration, claims handling, accounting, reporting, and partner management for motor third-party liability, general P&C, health, and reinsurance lines. The core platform is delivered as 20+ specialized modules spanning the full insurance lifecycle, from onboarding through claim payout, for both retail and B2B corporate business. Around this core, Proof IT has added a set of AI-driven modules: ClaimAI for automated claims processing, fraud detection, and damage assessment; Proof AI CS, a 24/7 AI customer support layer for policyholder service interactions; and AI TPA, machine learning and NLP tooling for third-party claims administration. A separate product, Proof EMB, offers APIs and mobile SDKs for embedding insurance products into third-party offerings, and Proof Consult provides digital-transformation advisory alongside the platform. Proof IT reports crossing EUR 1 million in turnover in 2012 and EUR 6 million in turnover in 2023, and counts Vienna Insurance Group, ERGO, and Gjensidige among its long-term core-platform clients. The company is ISO 27001 and ISO 9001 certified and GDPR compliant, and operates as a bootstrapped, self-funded business with roughly 90-100 engineers across Latvia and Lithuania (expanded there since 2019). ## Products & services ### Insurance Core Platform Modular, cloud-ready core system digitizing the full insurance lifecycle from onboarding through claim payout. Built as 20+ specialized modules covering policy administration, claims registration, handling and liquidation, accounting, and reporting. **Key features:** - Supports motor third\-party liability, general P&C/non\-life, health, and reinsurance lines - Serves both retail and B2B corporate insurance business - Modular architecture allowing incremental adoption *Target users:* P&C, health, and reinsurance carriers ### ClaimAI AI-driven claims automation module handling automated claims processing, fraud detection, and damage assessment as part of the claims workflow. *Target users:* Carriers' claims operations teams ### Proof AI CS 24/7 AI-powered customer support solution using chatbots and virtual assistants to handle policyholder service interactions. *Target users:* Carriers' customer service operations ### AI TPA Third-party claims administration tooling that applies machine learning and NLP to automate TPA workflows. *Target users:* Third\-party administrators and carriers outsourcing claims handling ### Proof EMB Embedded-insurance platform offering APIs and mobile SDKs so startups and other companies can integrate insurance products into their own offerings. *Target users:* Non\-insurance businesses embedding insurance products ### Proof Consult Strategic consulting layered on top of the core platform, guiding insurers through digital transformation. *Target users:* Carriers undertaking digital transformation initiatives ## Category & focus - Subcategories: Claims Technology, Customer Engagement, Insurtech Infrastructure - Insurance verticals: P&C Commercial, P&C Personal, Health, Reinsurance - Target customers: Carriers ## Notable customers - Vienna Insurance Group - ERGO - Gjensidige ## Links - Website: - Directory profile: - Careers: - Linkedin: - Insurance platform: --- *Last updated: 2026\-08\-08*