Sixfold AI

What Sixfold AI does

Sixfold AI is a New York-based insurtech founded in May 2023 by Alex Schmelkin (CEO), Brian Moseley (CTO), and Jane Tran (COO) that builds agentic AI software for insurance underwriting. The company's core product, the AI Underwriter, ingests submission documents (loss runs, SOVs, medical records, APS, prescriptions), evaluates appetite and portfolio fit, reasons about risk, and recommends next actions — including straight-through quote and bind — using large language models. The AI is powered by the Underwriting Brain, a pre-loaded knowledge platform of functional underwriting expertise and reasoning patterns, supplemented by Institutional Intelligence, which links underwriting decisions to outcomes across the policy lifecycle to create compounding organizational knowledge. Each carrier runs an isolated instance trained exclusively on its own data, with SOC 2 Type II, HIPAA, GDPR, CCPA, and ISO 27001-aligned security posture, and the company holds three US patents on autonomous underwriting methods.

Sixfold operates two product lines — Property & Casualty and Life & Health underwriting — and has processed over 1.5 million submissions representing more than $265 billion in customer gross written premium across 50+ lines of business. Named enterprise customers include Zurich North America, Generali GC&C, Skyward Specialty, AXIS, Guardian, New York Life, and Mosaic Insurance. The platform is distributed via direct enterprise sales, Microsoft Azure Marketplace, Munich Re's Realytix Zero (embedded/white-label), and regional implementation partners including INFORCE and Adnovum (DACH). Geographic reach spans North America, UK, Europe, Latin America, and Australia.

The company monetizes via annual subscription enterprise SaaS contracts on a quote-based pricing model. As of January 2026, Sixfold had raised over $51.5 million across a $6.5M seed (May 2023, Bessemer and Crystal Venture Partners), a $15M Series A (June 2024, led by Salesforce Ventures), and a $30M Series B (January 2026, led by Brewer Lane Ventures with strategic investment from Guidewire). Headcount sits in the 11–50 range with 54% year-over-year growth, and the company maintains a dedicated Responsible AI research function, a Chief Data & Analytics Officer, and senior AI engineering talent recognized at OpenAI DevDay for processing 100B+ tokens in production.

Name

Sixfold AI

Legal name

Sixfold AI, Inc.

Website

https://sixfold.ai

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

51–100 employees

Short description

Sixfold AI is an insurtech company building agentic AI software for commercial insurance underwriting. Its AI Underwriter ingests submissions, evaluates risk and appetite, and recommends next actions for Tier-1 carriers including Zurich, Generali, and AXIS.

Ownership category

akta.pro rank

Product category

Insurance Underwriting AI Software

NAICS

Insurance Carriers and Related Activities (524)

SIC

Services-Prepackaged Software (7372)

akta.pro industry

PRIMARYFSAGAGAB

Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS)

Financial & Insurance/Financial Technology (Fintech)/Insurtech Platforms (Digital Insurance Enablement)

SECONDARYFSAOAIAI

Underwriting Automation & Workflow Enablement

Financial & Insurance/Reinsurance/Reinsurance Underwriting & Risk Analytics Services

SECONDARYFSAOAIAD

Underwriting Decision Support & Rules Engines

Financial & Insurance/Reinsurance/Reinsurance Underwriting & Risk Analytics Services

Keywords

• Insurance underwriting AI
• Insurtech software platform
• AI risk assessment
• Agentic underwriting automation
• Carrier submission processing

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. SaaS Platform Subscription: Sixfold provides AI underwriting solutions as software-as-a-service (SaaS) via website, API, or through separate Solution Agreements with carriers. Each carrier operates in its own isolated environment.
2. Enterprise Licensing: Enterprise licensing model where each carrier builds its own separate instance of the AI model trained exclusively on their own data, with configurable autonomous capabilities by line, risk size, and action type.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels5 records

Core offering

Sixfold AI builds an AI Underwriter platform that automates commercial insurance underwriting workflows for property-and-casualty and life-and-health carriers. The agentic software reads complex submissions (loss runs, SOVs, medical records, prescriptions), evaluates appetite and portfolio fit, scores risks with cited rationale, and recommends next-best actions such as referrals, declinations, broker follow-ups, or straight-through quote and bind. Each carrier receives its own isolated model instance trained exclusively on its proprietary data, with the Underwriting Brain pre-loaded with functional underwriting knowledge and an Institutional Intelligence layer that links decisions to outcomes over the policy lifecycle.

Product overview

Sixfold is an underwriting AI platform consisting of two product lines — Property & Casualty Underwriting and Life & Health Underwriting — unified by the core AI Underwriter product and its underlying Underwriting Brain. The AI Underwriter is an agentic platform that arrives with underwriting expertise, learns each carrier's appetite, holds institutional memory, and knows the next best action on every submission. It is powered by the Underwriting Brain (pre-loaded with industry knowledge) and supplemented by capabilities including Institutional Intelligence (which captures and links decisions to outcomes across the policy lifecycle) and a Research Agent (for autonomous data gathering). Three named modules — Sixfold Submit, Sixfold Summarize, and Sixfold Suggest — address specific workflow stages. The platform operates via API integration with carrier systems (workbenches, policy admin) or as a standalone tool, with each carrier operating in an isolated environment trained exclusively on their own data. Results include 50% improved efficiency, 15% increased quote-to-bind ratios, and 30% more GWP per underwriter.

Differentiator

Problem solved

Functional benefit

Products and services

• AI Underwriter An agentic AI platform for insurance carriers that ingests submissions, reads complex documents, evaluates appetite and portfolio fit, reasons about risk, and produces underwriting recommendations with source-cited rationale and next-best-action suggestions (refer, decline, broker follow-up, or straight-through quote/bind). Sold as an enterprise SaaS subscription with each deployment running in a per-carrier isolated environment.
• Property & Casualty Underwriting AI-powered underwriting product line for commercial P&C insurers covering property, casualty, specialty, and E&S lines. The AI Underwriter reads complex submissions (loss runs, SOVs), scores risk with explainable signals, evaluates appetite and portfolio fit, and recommends next actions across lines including property, general liability, cyber, D&O, professional liability, workers comp, umbrella, commercial auto, environmental, inland marine, construction, and surety.
• Life & Health Underwriting AI product line for life and health insurers that distills medical records (APS), lab results, and prescription history into clear case overviews. Surfaces impairments and mortality factors with cited clinical evidence, enabling faster life underwriting case decisions with full audit trail and consistent assessments across underwriters.

Quantifiable outcome

• 50-97% reduction in submission processing time
• +7 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability9 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• AdnovumcoreImplementation/ SI/ Consulting Partner · 28 May 2026Swiss technology and consulting company specializing in secure digital transformation for insurance. Adnovum leads implementation and integration of Sixfold's AI underwriting solution for insurers across Germany, Austria, and Switzerland (DACH region). Brings 30+ years of insurance market experience and local regulatory fluency.
• Microsoft AzurecoreTechnology or Integration · 15 May 2026Sixfold's AI underwriting platform made available through Microsoft Marketplace. Enables insurers to discover, purchase, and deploy within existing Azure environments, simplifying procurement, reducing deployment complexity, and allowing insurers to leverage existing Microsoft cloud infrastructure and budgeting processes.
• Munich RecoreTechnology or Integration · 10 April 2026Integration of Sixfold's AI underwriting technology into Munich Re's cloud-based automated underwriting platform Realytix Zero. Enables insurers to design, build, launch, and scale digital underwriting products with AI-driven submission analysis and automated rate, quote, and bind capabilities.
• INFORCEcoreImplementation/ SI/ Consulting Partner · 26 February 2026Strategic partnership with INFORCE, a systems integration firm specializing in insurance digital transformation. INFORCE integrates Sixfold's AI into its service suite to help insurers automate underwriting workflows. Collaboration targets property & casualty, specialty, and life & health insurers with joint implementation engagements.

Scale indicators12 records

Recent moves9 records

Expansion highlights7 records

Direct peers

• Cytora: Cytora is a London-based AI platform for commercial insurance underwriting that digitizes and risk-scores submissions for property and casualty carriers. It is the closest direct competitor to Sixfold, with similar submission intake, risk evaluation, and appetite-fit capabilities aimed at mid-market and enterprise insurers.
• Planck: Planck provides an AI-powered data platform that automates commercial insurance underwriting workflows for carriers and MGAs. Comparable to Sixfold in target customer (commercial P&C insurers), AI-driven submission analysis, and appetite matching.
• Shift Technology: Shift Technology applies AI across the insurance value chain (underwriting, claims, fraud detection) and has expanded into underwriting decision support. It is comparable to Sixfold as an AI-native insurance platform serving large global carriers, with broader scope into claims.
• Cape Analytics: Cape Analytics uses AI/ML on geospatial imagery to deliver property risk intelligence for property insurance underwriting. Comparable to Sixfold's P&C underwriting value proposition at the property risk assessment layer, with overlap in carrier customers.
• Roots Automation: Roots Automation builds AI-powered digital workers (Insurance Agents-as-a-Service) for insurance operations including underwriting support and submissions handling. Directly comparable to Sixfold in delivering AI co-workers to insurance carriers for operational workflows.

Emerging players

• Tractable: Tractable applies computer vision and AI to insurance, primarily in property and auto claims. While its primary focus is claims rather than underwriting, it serves the same enterprise carrier buyers and competes for similar AI budgets within insurance innovation teams.
• Chisel AI: Chisel AI offered AI solutions for commercial insurance submission triage and underwriting document processing before pivoting. It is a historically direct peer to Sixfold in submission intake NLP and underwriting workflow automation.
• Instabase: Instabase is a horizontal AI platform for unstructured document processing that is deployed at insurance carriers for underwriting and claims workflows. It competes for the same AI-for-insurance-document-automation budget as Sixfold, though from a horizontal rather than underwriting-specialized posture.

Broad incumbents

• Guidewire: Guidewire is the dominant insurance core platform vendor (policy admin, claims, underwriting workbench) and a strategic investor in Sixfold. It is a partner today but increasingly a competitor as it embeds native AI capabilities (e.g., Guidewire InsuranceNow, Cyence) into its core suite that overlap with Sixfold's value proposition.
• Applied Systems: Applied Systems provides agency management and insurer-facing workflow platforms for the P&C industry, with growing AI capabilities. Relevant as a broad incumbent selling into the same carrier buyers, though historically more agency-side than underwriting-side.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/sixfold-ai

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds4 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sixfold AI