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Kay.ai Raises $3M to Eliminate Data Entry Work in Insurance Operations

Summary by Intelligence360 News
As the insurance industry faces a major workforce shortage, AI co-workers enable agencies and brokerages to automate repetitive work in submissions and servicing NEW YORK–(BUSINESS WIRE)–Kay.ai, the AI co-worker designed to eliminate manual data entry work for insurance brokers and agencies, has raised $3 million in funding. The round was led by Wing VC, with participation from South Park Commons, 101 Weston Labs, and several angel investors. “T…
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01net01net
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Intelligence360 NewsIntelligence360 News

Kay.ai Raises $3M to Eliminate Data Entry Work in Insurance Operations

As the insurance industry faces a major workforce shortage, AI co-workers enable agencies and brokerages to automate repetitive work in submissions and servicing NEW YORK--(BUSINESS WIRE)--Kay.ai, the AI co-worker designed to eliminate manual data ent... L'articolo Kay.ai Raises $3M to Eliminate Data Entry Work in Insurance Operations è un contenuto originale di 01net.

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AlleyWatchAlleyWatch

Kay.ai Raises $3M to Eliminate Manual Data Entry in Insurance Operations with AI – AlleyWatch

The insurance industry faces a looming workforce shortage, with the U.S. Bureau of Labor Statistics projecting a deficit of nearly 400,000 workers by 2026, while professionals continue to spend up to 80% of their time on tedious paperwork and data entry. Traditional automation tools have fallen short, relying on rigid workflows and APIs that break down with even minor process changes, leaving insurance operations burdened with inefficiencies. Ka…

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AlleyWatch broke the news in on Friday, March 28, 2025.
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