Case Study: Ki Insurance achieves 10-second underwriting with Beyond's fully digital broker portal

Ki Insurance cuts underwriting decisions to 10 seconds with Beyond

Ki Insurance, a fast-growing start-up in the Lloyd's market, faced the challenge of an insurance underwriting process that was traditionally paper-bound and time-intensive, often taking weeks to produce a quote. They aimed to become the world's first fully digital, data-driven insurance broker to drastically reduce this timeline. The vendor Beyond provided AI Adoption & Scaling services to address this.

Beyond built a fully digital broker portal for Ki that uses algorithmic underwriting to deliver instant, data-driven risk and cost estimations. This solution reduced underwriting decision times from months to just 10 seconds, establishing Ki as a digital innovator and creating the first algorithmically-driven underwriting model in the Lloyd's market.

Ki Insurance