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Scrub AI

Key facts

Cohort: Cohort 6, 2021 

Focus in insurance value chain/workflow: Point of Underwriting and Delegated Authority

Founded: 2020 

Status: Operating, still in insurance 

Company type: Data Transformation 

Head office: United Kingdom 

Main global offices: United Kingdom 

Locations served: Global 

Employee count: 11–50

Overview

Scrub AI provides an AI-powered solution for automating data cleansing from SOVs and bordereaux. Using a combination of machine learning and optical character recognition (OCR), the platform prepares, cleans, and validates risk, claims, premium, and reinsurance/treaty data.

Files can be processed in seconds and outputted into formats compatible with RMS, AIR, Sequel Impact, V5.2 or custom internal systems, helping insurers, MGAs and brokers standardise and prepare data faster for modelling, pricing, and reporting.

Lab activity

Primary way aimed to improve insurance processes and tools whilst in the Accelerator: Enhancing back-end Data Efficiencies.

Before taking part in the Accelerator, Scrub AI offered a solution to automate data cleaning in SOVs for the RMS output format. During the Lab, Scrub AI extended this offering from the RMS to the AIR data output format. 

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