Spixii

artificial intelligence/machine learninginsurtech

FOUNDING YEAR: 2016
LOCATION: United Kingdom
Last Update: 08/09/2020

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About

Spixii has developed AI-powered insurance platform for insurers. It is a digital chatbot designed to communicate via messages in an automated fashion with individuals. The platform uses neuroeconomics and contextual data from multiple sources to make buying insurance convenient, engaging and informative and thereby enables insurers to interact with customers and sell insurance. It offers a tech-enabled, customizable, front-end solution to insurance companies and retail banks.

MEDICI Analysis

Spixii has developed AI-powered insurance platform for insurers. It is a digital chatbot designed to communicate via messages in an automated fashion with individuals. The platform uses neuroeconomics and contextual data from multiple sources to make buying insurance convenient, engaging and informative and thereby enables insurers to interact with customers and sell insurance. It offers a tech-enabled, customizable, front-end solution to insurance companies and retail banks.

Focus

PRODUCTS & SERVICES

It offers an online platform providing multiple insurance policies such as goods, people, health, and travel insurance using artificial intelligence and machine learning. It offers a chatbot and users can message the chatbot with their queries on the platform. Accordingly, the chatbot offers the user with multiple products of insurance providers.

MAIN CLIENTS

It serves insurance companies and retail banks.

PRIMARY PROBLEM SOLVED

SPIXII starts by rethinking the relationship between insurers and customers. Many people don't trust insurance. They are disappointed by the amount of form-filling, struggle to understand what they need and whether the cost is justified. SPIXII's chatbot is designed to make the process quick, simple and accessible. This means no more form-filling. Getting insurance can finally be as easy as having a conversation.

COMMENT

It has developed a chatbot that engages with customers at every step of the buying process. It is powered by behavioral science and neuroeconomics.

People

FOUNDERS

Alberto Chierici

BOARD MEMBERS AND ADVISORS

Patrick Pruniaux

Daniele Magazzeni

Patrick Fagan

NUMBER OF EMPLOYEES

1-10

INVESTORS:

Startupbootcamp InsurTech London

KEY EMPLOYEES:

Renaud Million (CEO)

Alberto Pasqualotto (CTO)

Alberto Chierici (COO)

Momentum

FUNDED

NO

TOTAL FUNDING

$21.2 K

DATE OF LAST FUNDING

Dec 2015

SEED & PRIOR FUNDING

$21.2 K

SEED CLOSED ON

Dec 2015

LISTED

NO

Innovation Programs

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Spixii

About

Spixii has developed AI-powered insurance platform for insurers. It is a digital chatbot designed to communicate via messages in an automated fashion with individuals. The platform uses neuroeconomics and contextual data from multiple sources to make buying insurance convenient, engaging and informative and thereby enables insurers to interact with customers and sell insurance. It offers a tech-enabled, customizable, front-end solution to insurance companies and retail banks.

Focus

PRODUCTS & SERVICES

Founded in January 2016, SPIXII works with insurers and retail banks to transform your digital customer experience. Our first product is an AI-powered chatbot. It's non-invasive - so, ideal for legacy systems - and is one of the only digital agents to be regulated by the FCA (Financial Conduct Authority).

TOP PROBLEM SOLVED

SPIXII starts by rethinking the relationship between insurers and customers. Many people don't trust insurance. They are disappointed by the amount of form-filling, struggle to understand what they need and whether the cost is justified. SPIXII's chatbot is designed to make the process quick, simple and accessible. This means no more form-filling. Getting insurance can finally be as easy as having a conversation.

PRODUCT DEVELOPMENT STAGE

COMMERCIAL LAUNCH

KEY DIFFERENTIATORS

Regulated by the FCA (Financial Conduct Authority), and only requiring three lines of code to be implemented in legacy systems.

PRIMARY CUSTOMER TYPE

Enterprise - Banks or Financial Institutions

People

NUMBER OF EMPLOYEES

1-10

KEY EMPLOYEES:

employee: Renaud Million

employee: Renaud Million

employee: Renaud Million

BOARD MEMBERS AND ADVISORS:

Patrick Pruniaux, Daniele Magazzeni, Patrick Fagan

INVESTORS:

Startupbootcamp

Momentum

FUNDED

YES

TOTAL FUNDING:

$17 K

LISTED

NO

FUNDING SERIES