Corlytics

Cohort: Cohort 2, 2019 

Focus in insurance value chain/workflow: Compliance & regulatory support 

Founded: 2012 

Status: Acquired by Corlytics Group in 2023 

Company type: Administration system 

Head office: United Kingdom 

Main global offices: United Kingdom 

Locations served: Global 

Employee count: 11-100 

Clausematch is used by insurers’ and other financial service businesses’ risk and compliance teams to create and manage internal company policy. Clausematch will also help businesses manage changes in industry-wide regulation that affect company policies through its management capabilities. Customers can use Clausematch to generate insight reports and track new compliance requirements, including adherence to financial crime regulations. 

Primary focus product area whilst in the Accelerator: Ancillary, accountancy and regulatory compliance services  

During the Accelerator, Clausematch was able to create an insurance focused product, which involved retraining its AI models to analyse topics, themes and key words to understand insurance-specific regulations.