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Raindrop

Raindrop is an independent AI platform that helps insurance professionals understand complex policy documents. It turns dense language into clear, structured insights.
For broker networks - Raindrop automates the task of reading and comparing policy documents. It helps brokers analyse policies side-by-side, provide accurate advice and reduce the risk of errors. This saves time and supports stronger client relationships. Brokers can reduce daily reading time by up to 50%. The platform also supports learning by making product details easier to understand.
For underwriting agencies - Raindrop helps agencies quickly understand policy wordings, exclusions and extensions. It structures information into clear, consistent formats. This supports accurate risk assessment and pricing.
For insurers - Raindrop supports product development by comparing policy language at scale. Its AI engine performs millions of comparisons to highlight differences in wording and intent. This helps insurers identify market gaps, refine products and improve clarity.
Raindrop is built for the insurance industry. It uses AI trained on actuarial and data science principles to deliver accurate, reliable insights. The platform combines automation with human oversight to ensure precision and trust.
Raindrop operates independently and is not affiliated with any insurance carrier. This ensures unbiased analysis and supports informed decision-making.
The platform is guided by principles of clarity, enablement, reliability and community. Raindrop helps professionals simplify complex tasks and deliver better outcomes across the insurance sector.
Location
NT
Industry
Financial and insurance
Business area
Customer service
AI enablement
Responsible AI
|Skills and training
|Software development
AI technology
Data management and analysis
|Industrial AI
|Machine learning
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