SecondSight

AI-powered underwriting infrastructure platform for cyber insurance

Underwriting & Risk Growth Series A

Overview

SecondSight is an underwriting infrastructure platform specializing in cyber insurance. The company provides verticalized AI and agentic automation to help carriers, MGAs, and reinsurers make informed underwriting decisions at scale. Built on a focus on eliminating friction in the cyber insurance process, SecondSight delivers pricing transparency and simplifies insurance operations for businesses across commercial and specialty markets.

The platform powers risk assessment, placement, monitoring, and mitigation across the digital risk lifecycle. SecondSight integrates with core insurance systems and provides underwriters with AI-powered recommendations that surface risks and accelerate decision-making. The company's Underwriter Workbench delivers 97% digitization accuracy and achieves 34-42% faster underwriter response times, while the Broker Workbench reduces intake time by 60-80%.

SecondSight has achieved significant traction with 27 of the top 30 insurance markets using the platform for coverage binding, and operates across 18+ markets globally. The company raised USD 3M in seed funding in 2022 and completed a Series A round in April 2026, bringing total funding to USD 14.7M.

Products & Services

Underwriter Workbench

Scores submissions and surfaces risks with AI-powered recommendations to underwriters.

Key Features

Automated risk scoring and analysis
97%+ digitization accuracy
34-42% faster underwriter response times
Risk ranking and prioritization

Target Users: Insurance underwriters at carriers and MGAs

Company Workbench

Standardizes submissions from various formats into structured data for consistent processing.

Key Features

Submission standardization
Data normalization
Format agnostic intake
Structured data output

Target Users: Back-office teams at carriers and MGAs

Broker Workbench

Integrated platform for brokers to handle quoting, binding, and monitoring at scale.

Key Features

Quote-to-bind workflow
Portfolio monitoring
60-80% reduction in intake time
Self-service broker portal

Target Users: Insurance brokers and agencies

Shape

Risk accumulation modeling and catastrophe scenario simulation with portfolio exposure visualization.

Key Features

Accumulation risk modeling
Catastrophe scenario simulation
Portfolio exposure visualization
Risk concentration analysis

Target Users: Underwriting managers and risk analysts

ExposureAI

Risk segmentation and analysis tool providing 30%+ improvement in risk segmentation capabilities.

Key Features

AI-powered risk segmentation
Segment analytics
30%+ improvement in segmentation accuracy
Customer profiling

Target Users: Underwriting teams, pricing analysts

Risk Tracker

On-premise technology installed within a company's network to measure digital risk internally and identify vulnerabilities while enabling precise quote generation.