AI efficiency solutions for the insurance sector for Foundation Risk Partners by Version 1.

Our insurance expertise

An experienced partner that understands your business

Effective solutions for the modern insurance market can sometimes be elusive. With shifting customer expectations, evolving regulations, and increasing competition, you need solutions that help you stay ahead. Imagine a world where your insurance operations are streamlined, your customer experiences are enhanced, and compliance is guaranteed.

By embracing innovative technology, such as AI-driven insurance solutions and process automation, you can transform your operations to deliver greater efficiency, speed, and satisfaction. Whether it’s automating insurance claims, optimising underwriting or improving customer interactions with AI virtual assistants -you can meet today’s challenges and prepare for tomorrow’s demands.

With over two decades experience delivering digital services to the insurance sector, we are well equipped to help you harness the power of AI and automation to reduce manual tasks, boost operational efficiency, and focus on delivering exceptional value to your customers.

Where we work

Insurance Claims

We help streamline and automate the insurance claims process, using AI in insurance claims and robotic process automation to reduce manual effort and accelerate response times, ultimately enhancing customer satisfaction.

Insurance underwriting

Our AI in insurance underwriting solutions enable faster, more accurate risk assessments, improving decision-making and reducing underwriting costs.

Insurance process automation

Through insurance process automation and insurance workflow automation, we help organisations optimise their internal processes, reduce operational costs, and improve efficiency across the board.

Insurance document automation

By automating document review and approval processes, we help insurance companies increase operational speed, reduce human error, and ensure compliance with regulations.

Comprehensive delivery, tailored solutions

Client interaction and service enhancement

Empower your customer interactions with AI-driven solutions that improve engagement across digital platforms. From AI chatbots for insurance to real-time web chat, we help enhance customer service by enabling seamless communication.

Process and risk compliance

In an increasingly complex regulatory environment, we provide AI-powered solutions for fraud analytics in insurance, insurance document automation, and AI fraud detection for insurance to ensure your compliance while optimising operational efficiency.

Data and regulatory compliance

We help your organisation stay ahead of regulatory requirements with solutions for insurance automation tools, insurance IT transformation, and AI-driven business intelligence, all designed to ensure accuracy and compliance at every level.

Corporate centre

Improve the efficiency of your internal operations with tailored AI solutions for your finance, HR, and audit departments. Leveraging AI in insurance claims and NLP for insurance, we enable faster decision-making and better insights across your corporate functions.

Core enterprise capabilities and management

We help optimise your enterprise operations with cloud-based solutions that manage payments, IT operations, and fraud prevention. By integrating text analytics in insurance and natural language processing in insurance, we enable you to improve your core operational resilience.

“Version 1 is a trusted provider of professional services to us. We value the strength and flexibility of their resources, understanding of our business needs and track record for delivery.”
Fergal Collins – Chief Executive Officer, Aon Centre for Innovation and Analytics

Explore how generative AI can transform your business

Version 1 is offering a free 60-minute deep dive session with our specialist AI insurance team to help you explore the full potential of Generative AI in your business.

During this exclusive session with the team who delivered FRP you will:

Discover real-world use cases for AI in insurance and how they could enhance your operations
Identify key opportunities to drive efficiency, enhance customer experiences, and stay ahead of the competition in your business

Our co-creation approach has already delivered remarkable results – with 50% of PoCs reaching production – including helping Foundation Risk Partners (FRP) achieve transformative success. We are excited to show you how this proven model can work for your business too.

“Through a rigorous selection process, we chose Version 1 as our partner to implement these transformative solutions. Their innovative approach has revolutionised our business model, enabling us to scale effectively and improve our customer experience.”

John Turner – COO at Foundation Risk Partners

Learn more

Customer profile: Foundation Risk Partners

Foundation Risk Partners (FRP), a leading US insurance brokerage and consulting organisation, partnered with Version 1 to transform key strategic business processes through innovative AI efficiency solutions. This collaboration has resulted in ground-breaking developments, enabling unprecedented accuracy, speed and scale in converting customer prospects into sales.

Learn more

Join our upcoming webinar

Discover how FRP overcame efficiency and productivity challenges and forged a partnership to future-proof their insurance business. Learn how AI efficiency solutions can enhance your business.

Register now