New AI-powered insurtech Untangler sets out to boost insurers' productivity

Two entrepreneurs in the insurance and group benefits space have launched a new insurtech, called Untangler, designed to transform unstructured data files into actionable insights, enabling greater productivity.

Untangler helps insurers bypass the roadblock in the quotes process. It uses artificial intelligence to recognise inbound customer or employee data in any format.

The start-up claims to transform complex spreadsheets into readable data, mimicking what humans in insurance companies end up doing manually, freeing up people to do more meaningful and fulfilling work.

“It has long been expensive and time-consuming to manually reformat data files and challenging to build integration interfaces to third-party systems and, anyway, data often comes from multiple sources in non-standard formats," said Untangler CEO Richard Stewart.

“Untangler can be trained to learn and identify the relevant items needed and does a range of other jobs like fixing errors. It’s really easy to use: users drop their data in and out pops the data in the right format, all automatically.”