Ai-Driven Insurance Revolution Hits New Milestone As Outmarket Secures 47M

The Future of Commercial Insurance: How AI-Powered Intelligence is Revolutionizing the Industry

Commercial insurance is an industry expected to grow from $776.6 billion in 2024 to $845.28 billion in 2025 at a compound annual growth rate (CAGR) of 8.8%. Despite this growth, the industry still heavily relies on outdated workflows and manual processes, leading to inefficiencies and missed revenue opportunities.

Outmarket AI is transforming this landscape by bringing AI-driven efficiency to commercial insurance. Founded by industry veterans with deep expertise in commercial insurance and artificial intelligence, the platform aims to automate insights and decision-making without disrupting existing operations.

The company’s AI-powered platform seamlessly integrates into brokers’ and carriers’ workflows, streamlining operations and helping them optimize their strategies. From automating submissions and enhancing policy reviews to identifying new revenue opportunities, Outmarket AI is the missing intelligence layer that modernizes commercial insurance instantly.

Outmarket AI pioneers agentic automation, where AI acts as a true partner to brokers by handling complex tasks instantly. The platform offers several key features, including AI-driven risk analysis, automated submissions, growth and cross-sell insights, and end-to-end workflow automation. These features empower insurance professionals with real-time intelligence at their fingertips, enabling them to make data-driven decisions and unlock hidden revenue opportunities.

With its built-in expertise and visionary investors backing it up, Outmarket AI is on the cusp of transforming commercial insurance for the next decade and beyond. The platform’s impact has already been felt among early adopters, including top 100 commercial brokers, MGAs, and wholesalers. Customers have reported slashing quote comparison and policy review times by up to 80%, turning days-long processes into minutes.

The future of AI in insurance is looking bright, with Outmarket AI paving the way for intelligent insurance solutions that fundamentally redefine how insurance operates. By shifting from static, manual processes to AI-driven decision-making, the company is empowering every insurance professional with real-time intelligence at their fingertips.

Key statistics: The global commercial insurance market was valued at $776.6 billion in 2024 and is expected to grow at a CAGR of 8.8% from 2024 to 2025. Outmarket AI has secured $4.7 million in seed funding, aiming to bring AI-driven efficiency to commercial insurance. The platform’s features include AI-driven risk analysis, automated submissions, growth and cross-sell insights, and end-to-end workflow automation.

Outmarket AI is not only revolutionizing the way commercial insurance operates but also positioning itself as a leader in the insurtech space. With its cutting-edge technology and visionary investors backing it up, the company is poised for a bright future ahead.