Overview
Shift Technology develops insurance-specific AI agents for claims and policy decisions.
What Shift Technology does
Shift Technology builds AI agents for insurers’ claims and risk workflows. Its products support coverage and liability analysis, fraud investigation, subrogation, injury claims and healthcare payment integrity, using insurance information and connected data to guide operational decisions.
Agents can assess evidence, identify potentially suspicious activity, assign investigations and prepare material for recovery. Subrogation workflows identify opportunities, create an initial demand package and support review of the other insurer’s response. Injury workflows help handlers assess medical bills and treatment information.
The Insurance Data Network adds cross-carrier claim history and recommended next actions. Insurers configure the role of these tools within their own handling process, with specialists retaining final determinations where required. The focus is insurance-specific investigation and execution rather than a general-purpose document assistant.
Company details
- Headquarters
- Paris, France
- Funding
- $320M raised as of May 2021
Founders & leadership
Investors & backers
Shift Technology announced a $220M Series D in May 2021, bringing total funding to $320M at that announcement.
- Advent International
- Avenir
Accel
Bessemer Venture Partners
General Catalyst- Iris Capital
