Fulcrum, the AI platform built for insurance brokerages, has secured $25 million in combined Seed and Series A financing. The new capital will accelerate product development, expand system integrations, and enhance security, enabling brokerages to automate policy workflows, cut delivery times, and reduce reliance on manual processes.
AI‑Driven Platform Transforms Insurance Brokerage Operations
Key Automation Capabilities
- Seamless integration with agency‑management systems such as Applied Epic
- Automated extraction of policy documents from email
- Real‑time data reconciliation across disparate records
- AI agents handling coverage analysis, claim assessment, proposal generation, client and carrier sales preparation, policy verification, and certificate issuance
Performance Metrics and Efficiency Gains
Fulcrum reports that its platform reduces policy delivery from a minimum of 15 days to same‑day turnarounds and shortens proposal‑generation cycles from six‑to‑eight hours to under two hours. Across its brokerage customers, the solution automates more than 2,500 hours of manual work each day, eliminating the need for additional headcount or costly BPO contracts.
Strategic Use of Funding
Product Development and Integration Roadmap
The infusion will fund the expansion of AI engine capabilities and the addition of integrations with a broader range of agency‑management platforms, allowing more brokerages to adopt the technology without disrupting existing workflows.
Security and Compliance Enhancements
Investments will also target advanced data‑security features, ensuring that sensitive policy information remains protected and compliant with industry regulations.
Market Impact and Future Outlook
By delivering policies in hours rather than days, Fulcrum reshapes the broker‑client relationship and sets a new standard for speed and accuracy in the insurance sector. The funding validates the growing demand for AI‑first solutions that modernize legacy brokerage processes, positioning Fulcrum as a leading catalyst for industry-wide automation.
