a year ago

PeppercornAI Raises £3.25M to Transform the Insurance Industry with AI

  • PeppercornAI, a UK-based insurtech company, has secured £3.25M in funding from Wealth Club, EHE, and Angels Invest Wales

  • The company utilizes conversational AI to enhance customer experience and reduce operating costs for insurance providers

  • The funding will be used to further develop the company's AI platform and expand its reach in the UK and internationally

  • PeppercornAI's CEO Nigel Lombard emphasized the need for insurance providers to embrace AI to remain competitive and highlighted the company's ability to provide a seamless and effective solution for adopting the technology.

      • ProblemFinancial Services

      "The insurance industry has barely changed since insurance started being sold online thirty years ago. Insurance providers are worried about keeping up with the pace in which AI is developing."

      Solution

      "PeppercornAI provides a conversational AI platform that allows insurance providers to unlock the benefits of the technology now, can be integrated seamlessly and quickly, and ensures their businesses aren’t left behind."

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