Daring AI Start-Up Reels in $7.5 Million for Game-Changing Small Business Insurance Approach

Change is on the horizon for commercial insurance in the United States. An enterprising artificial intelligence (AI) start-up has successfully managed to secure $7.5 million in funding, with the goal to bring a fresh perspective to the way small businesses approach insurance. The opportunity before them is enormous and crucial. It is estimated that there are 24 million small businesses in America that are currently under-protected, signalling a market that is in desperate need of a new approach.

For the uninitiated, insurance for small businesses is a complex, often un-navigable field, and the financial burden it imposes can be overwhelming. This is particularly true for commercial insurance products. However, with its latest round of funding, this ambitious start-up intends to challenge the status quo.