# Verikai > AI\-powered risk scoring and alternative data analytics for group health underwriters ## At a glance | Field | Value | | --- | --- | | Category | Underwriting & Risk | | Type | Solutions Provider | | Region | NA | | Headquarters | San Francisco, California, USA | | Founded | 2018 | | Stage | Established | | Employees | 11-50 | | Funding | Acquired (USD 120M by American Financial Group, December 2021) | ## Overview Verikai is an underwriting risk assessment platform for insurance carriers, managing general underwriters (MGUs), and stop-loss carriers. The company applies machine learning and alternative data to generate risk scores for group health and medical stop-loss underwriting, enabling carriers to price small and mid-sized employer groups without requiring health questionnaires or prior claims history. The platform draws on a proprietary data asset covering more than 250 million US individuals, with over 5,000 behavioral attributes per person and more than 1.3 trillion total data points. Products span group-level risk scoring, medical claims analytics, and prescription data, delivered through a digital underwriting portal and API integrations that connect into carrier workflows. Verikai raised USD 6M in a Series A round led by ManchesterStory in 2020 and was acquired by American Financial Group (NYSE: AFG) for approximately USD 120M in December 2021. Post-acquisition, Verikai operated as a standalone market-facing business; AFG subsequently absorbed the technology and capabilities internally into its Great American Insurance Group subsidiary. ## Products & services ### Capture360 Combines medical, pharmaceutical, lifestyle, and social determinants of health (SDoH) data to produce group and individual risk scores. Layers behavioral factors onto a medical data foundation to deliver holistic risk stratification for stop-loss and accident and health underwriters. **Key features:** - Census\-only input \-\- no health questionnaires required - SDoH and lifestyle data integration - Individual and group\-level risk scores *Target users:* Stop\-loss carriers, MGUs, group health underwriters ### CaptureHealth Provides access to medical claims and pharmaceutical histories for health insurance underwriting decisions. Launched in 2024 as part of expanded product offerings. **Key features:** - Medical claims history access - Pharmaceutical data integration - Machine learning\-powered risk modeling *Target users:* Health insurance underwriters, carriers ### Med/Rx Launched in September 2022, Med/Rx provides on-demand access to historical medical claims and prescription data for group submissions. Carriers can identify high-cost conditions and prescriptions across more than 10,000 medical diagnoses and pharmaceutical pricing categories within minutes. **Key features:** - On\-demand medical claims data access - Prescription data covering pharmaceutical pricing categories - Coverage across 10,000\+ medical diagnoses *Target users:* Stop\-loss carriers, group health carriers ### Predictive AI Platform Released in 2023, this platform combines data-driven risk assessment with a digital underwriting portal. Provides machine learning-powered Capture scores alongside an interface for underwriting workflow management. **Key features:** - Integrated digital underwriting portal - Machine learning risk scoring \(Capture scores\) - Workflow management for submission processing *Target users:* Insurance carriers, stop\-loss underwriters ### Marketplace A broker-facing platform launched in 2020 enabling insurance brokers to access Verikai risk intelligence tools and connect with carriers, streamlining submission and quoting workflows. **Key features:** - Broker access to risk scoring tools - Carrier connectivity for submissions - Streamlined quoting workflow *Target users:* Insurance brokers, agents ## Category & focus - Subcategories: Risk Scoring, Alternative Data, Predictive Analytics, Group Health Underwriting - Insurance verticals: Health, Group Benefits, Specialty/E&S - Target customers: Carriers, MGAs/MGUs ## Notable customers - American Financial Group / Great American Insurance Group ## Links - Website: - Directory profile: - Afg acquisition announcement: --- *Last updated: 2026\-05\-18*