Draft:Casey

Casey is an American insurtech company that develops artificial intelligence software for workflow automation in the insurance brokerage industry. The company's platform automates manual processes such as document data extraction, ACORD form completion, and insurance carrier portal submissions. Casey is headquartered in San Francisco, California.

History

Casey was founded in September 2025 by Maximilian Thoelen, Pascal Küng, and Nico Hänggi in Zurich, Switzerland. The three founders had previously worked together as early employees at Grape, a Swiss insurtech company, where they developed claims and underwriting automation systems.[citation needed]

The founders identified operational inefficiencies in the commercial insurance distribution chain, particularly the manual data entry required when information passes between retail brokers, wholesale brokers, and insurance carriers. They established Casey to address these workflow bottlenecks through AI-powered automation.

In 2025, the company relocated to San Francisco and was accepted into Y Combinator's accelerator program.[citation needed] Casey subsequently raised $2.5 million in seed funding from investors including Matrix Partners, Redstone, and Orange Collective.[citation needed]

Technology

Casey's core product is an AI platform that automates repetitive administrative tasks for insurance brokerages. The system uses machine learning to extract data from various document formats including PDFs, spreadsheets, and emails, then automatically populates insurance forms and submits applications to carrier portals.

Data extraction

The software processes incoming documents such as financial statements, loss runs, prior policy schedules, and applications, extracting relevant information regardless of format.

Form automation

Casey automatically populates ACORD forms and carrier-specific applications using extracted data, eliminating manual re-keying across multiple systems.

Submission management

The platform handles submissions to insurance carrier portals and tracks submission status, quote responses, and follow-up requirements.

Market

Casey primarily serves commercial insurance brokerages, with particular focus on those handling complex specialty lines such as professional indemnity, directors and officers liability, and errors and omissions coverage. The company targets both retail brokers and wholesale brokers who process high volumes of submissions.

The insurance brokerage industry has historically relied on manual processes for data handling and carrier submissions. Industry estimates suggest insurance brokers spend approximately 60 percent of their working time on administrative tasks including data entry and form completion.[citation needed]

See also

References

Category:Insurtech companies Category:Companies based in San Francisco Category:Y Combinator companies Category:Artificial intelligence companies Category:Software companies of the United States Category:2025 establishments in Switzerland

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