Overview
Symplfy AI is an AI-powered claims and risk assessment software provider for P&C carriers in the EMEA region. The company develops a Remote Automated Risk Assessment (RARA) platform designed to help insurers automate motor insurance claims processing and commercial property underwriting using computer vision, machine learning, and drone and IoT data.
The platform consolidates multiple data inputs -- photographs, video, drone imagery, and IoT sensor readings -- into a unified workflow engine for first notice of loss (FNOL), damage estimation, and risk evaluation. No-code form builders and business rule engines allow carrier teams to configure workflows without custom development.
Symplfy AI raised a USD 370K seed round in 2024 with backing from Qatar FinTech Hub Wave, AI Venture Labs, and Lloyd's of London. The company has deployed its platform in field testing with a major UAE-based P&C insurer, with an estimated processing capacity of approximately 50,000 claims per year.
Products & Services
Remote Automated Risk Assessment (RARA) Platform
An integrated claims and underwriting platform for P&C insurers that captures multi-channel data and applies AI analysis to automate damage evaluation and risk workflow decisions.
Key Features
- Computer vision and AI models for photographic and video damage assessment
- Drone and IoT sensor data integration for remote site evaluation
- No-code form builder, business rule engine, and workflow configuration tools
- Risk accumulation, aggregation, and portfolio rating capabilities
- Generative AI-assisted predictive risk assessment
Target Users: P&C carriers, loss adjusters, insurance brokers
At a Glance
- Headquarters
- Dubai, United Arab Emirates
- Employees
- 11-50
- Funding
- Seed
Category & Focus
- Category
- Claims Technology
- Subcategories
- FNOL Damage Estimation Computer Vision AI/ML Underwriting Tools
- Insurance Verticals
- P&C Personal P&C Commercial
- Target Customers
- Carriers, Brokers, TPAs
Customers
- Unnamed major UAE-based P&C insurer (field deployment, approximately 50,000 claims/year)
Links
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Last updated: 2026-07-23