Business Category: A technology provider of InsurTech tools to insurance practitioners
Maturity Status: Mature (6 years since product went into production)
Product or Service: Industry Classification API for commercial insurance
Area: Commercial Property & Casualty insurance
Relativity6’s platform is able to retrieve up-to-the-second information about a business in order to automatically detect its 6 digit NAICS code, verify its existence, and flag any need-to-know keywords about the business.
Insurance carriers, brokers and agents, comparative raters, and MGAs like Coterie, Tokio Marine and Relay use Relativity6 to surface the best possible NAICS codes for better automated commercial submissions.
What makes us an InsurTech:
Relativity6’s software uses external data sources and AI to generate predicted NAICS codes for better connectivity between all stakeholders that handle an insurance submission, from the insured, up to the broker and the carrier.
Major features & technology used:
Relativity6’s NAICS predictions are based on an AI architecture that includes a stack of proprietary AI, Predictive Analytics, Deep Learning based technologies. Relativity6’s lab is proud to be a research hub focused on understanding insurance customer behaviors. With a team of MIT based AI practitioners, Phds and econometricians, Relativity6 continues to push innovation in the space for insurance brokers, agents, carriers and other distributors.
News & Updates
See the latest Relativity6 news.
Relativity6 was founded in 2016 by serial entrepreneurs Alan Ringvald and Abraham Rodriguez, as a continuation of a thesis written at MIT. For more information, please visit relativity6.com.
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