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Settwiz

AI-powered insurance claims decision platform that helps carriers and TPAs evaluate, reserve, and settle claims faster and more consistently.

Claims Technology Growth Bootstrapped
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Overview

Settwiz is an AI-powered claims decision platform built for insurance carriers and third-party administrators. The platform integrates into the claims workflow to help adjusters make faster, more consistent decisions across complex bodily injury, auto damage, and property claims by automatically structuring claim facts, analyzing issues, calculating exposure ranges, and recommending next steps.

Unlike standalone document review or workflow automation tools, Settwiz provides claim decision intelligence—reading claim files, identifying conflicts and gaps, surfacing damages and coverage issues, and generating defensible reserve and settlement recommendations. All outputs remain evidence-linked and audit-ready, with the final decision always controlled by the human adjuster.

The company operates from primary offices in Tel Aviv and a U.S. base in Chicago, serving carriers and TPAs across multiple jurisdictions and lines of business. It maintains SOC 2 Type II and HIPAA compliance, with claim data kept client-side and never used for shared model training.

Products & Services

Settwiz Platform

An end-to-end claims decision layer that reads claim documents, structures facts, analyzes issues, calculates exposure, and prepares recommended actions—all in one evidence-linked workspace. The platform operates as a decision-support tool, not a claims system replacement.

Key Features

  • Document ingestion and structuring - Classifies records, extracts facts, builds timelines, creates structured summaries
  • Multi-dimensional claim analysis - Specialized AI agents analyze medical records, legal issues, liability, coverage, and damages in parallel
  • Exposure calculation - Generates settlement ranges based on claim facts, jurisdiction, comparable outcomes, and damages
  • Recommended next steps - AI team prepares next actions with supporting materials for adjuster review
  • Evidence-linked outputs - All recommendations linked to source documents and audit-ready
  • Human-in-the-loop - Adjuster approves, edits, or rejects recommendations; AI supports but never overrides
  • Bodily Injury claims
  • Auto Damage claims
  • Residential Property claims
  • Commercial Property claims

At a Glance

Headquarters
Tel Aviv, Israel / Chicago, Illinois
Employees
11-50
Funding
Bootstrapped

Category & Focus

Category
Claims Technology
Subcategories
Claims automation decision support AI agents
Insurance Verticals
P&C Personal P&C Commercial
Target Customers
Carriers, TPAs

Customers

  • NVIDIA Inception Program
  • Microsoft for Startups
  • InsurTech Israel
  • Rosen & Meents (law firm partnership)
  • Shlomo Insurance

Last updated: 2026-06-17