# Qumis

> Expert AI built for the top minds in insurance

## At a glance

| Field | Value |
| --- | --- |
| Category | Underwriting & Risk Assessment |
| Type | Solutions Provider |
| Region | NA |
| Headquarters | Chicago, Illinois |
| Founded | 2023 |
| Stage | Startup |
| Employees | 11-50 |
| Funding | Seed |

## Overview

Qumis is the only lawyer-built AI platform designed to transform insurance knowledge work. Founded by an insurance coverage attorney and a former Goldman Sachs technology leader, Qumis combines legal expertise with generative AI to deliver attorney-level insights, precision, and reliability across all lines of coverage.

The platform addresses insurance's fundamental challenge: making dense policy documents understandable and actionable for professionals and clients. By automating policy analysis and claims assessment, Qumis converts hour-long tasks into seconds, enabling brokers, claims teams, and attorneys to focus on strategic work.

Qumis is trusted by five of the 15 largest U.S. insurance brokers, as well as leading specialty carriers and top insurance-focused law firms. The platform is SOC 2 Type I certified and enterprise-ready, with client data protected and never used for AI training.

## Products & services

### Policy Comparison

Side-by-side analysis of multiple insurance policies offering actionable insights for quote evaluation and placement decisions.

**Key features:**

- Compare multiple policies simultaneously
- Identify coverage differences and gaps
- Generate actionable insights for brokers
- Visual analysis with QumisScore accuracy rating

*Target users:* Brokers, Risk Professionals

### Policy Chat

Natural language interface for querying uploaded policies with context-rich, cited responses.

**Key features:**

- Ask questions in plain language
- Receive responses with full citations
- Context\-aware understanding of policy terms
- Prompt library for reusable queries

*Target users:* Brokers, Claims Teams, Attorneys

### Claim Coverage Analysis

Rapid and accurate coverage determinations with automated draft report and letter generation.

**Key features:**

- Fast coverage determinations
- Automated draft reports
- Claims letter generation
- Supports complex specialty lines

*Target users:* Claims Leaders, Insurance Attorneys

### Document Vault

Centralized, encrypted repository for policies and quotes with intelligent search and organization.

**Key features:**

- Private, encrypted storage
- Searchable document repository
- Reusable analysis across workflows
- Enterprise\-grade security

*Target users:* Enterprise Insurance Teams

### Legal Search \(Beta\)

AI-powered legal research for coverage questions with relevant case law and citations.

**Key features:**

- Ask legal questions related to claims or coverage
- Receive relevant case law citations
- Support for coverage determinations

*Target users:* Insurance Attorneys, Claims Teams

## Category & focus

- Subcategories: Policy Analysis, Coverage Comparison, Claims Coverage Analysis
- Insurance verticals: P&C, Specialty
- Target customers: Carriers, Brokers, Attorneys, Risk Professionals

## Notable customers

- NFP \(integrated across P&C and claims operations\)
- Five of the 15 largest U\.S\. insurance brokers
- Leading specialty carriers
- Top insurance\-focused law firms

## Links

- Website: <https://www.qumis.ai>
- Directory profile: <https://insurtechlist.com/companies/qumis/>
- Linkedin: <https://www.linkedin.com/company/qumis>
- Press/news: <https://www.globenewswire.com/news-release/2025/01/21/3012725/0/en/Qumis-Raises-2-2M-Pre-Seed-to-Revolutionize-Insurance-Industry-Knowledge-Work-with-AI.html>
- Demo/contact: <https://www.qumis.ai>

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*Last updated: 2026\-05\-12*