Outmarket AI

What Outmarket AI does

Outmarket AI empowers insurance agents and brokers to grow revenue, cut costs, and reduce risk. It goes beyond streamlining workflows to provide an all-in-one insurance AI platform, enabling users to close more deals, serve clients faster, and grow without adding headcount. Built specifically for the insurance industry, Outmarket combines AI automation with enterprise-grade security (ISO 27001, HIPAA, SOC 2, GDPR) to deliver unmatched trust, speed, and accuracy. Outmarket is described as operational insurance intelligence, offering 20+ workflows tested on real documents, and the ability to build custom AI workflows in plain English.

Products

• Compare QuotesHighlights key differences, premiums, and coverage details across multiple carrier quotes, normalizing and comparing them.
• Coverage Gap AnalysisEvaluates an insured's existing coverage to pinpoint gaps, unaddressed exposures, and propose improvements.
• Contract RequirementsCompares client policies with contract or lease insurance requirements to identify and flag any deficiencies.
• Tower AnalysisAnalyzes complex insurance towers to identify any critical gaps or points of discontinuation.
• Advanced Quote ComparerDeep multi-carrier quote analysis with scoring.
• Review PoliciesAI-driven policy analysis and summary.
• Challenge Claim DenialBuilds appeal packages from denial letters.
• Verify Against QuoteConfirms bound policy matches the quoted terms.
• Verify Against ApplicationConfirms what was bound matches what was applied for.
• Exposure AnalysisAssesses risk factors and surfaces exposures.
• Insurance Document Lifecycle VerifierTracks policy status across the lifecycle.
• BOR LettersAuto-generates compliant Broker of Record letters.
• New Business ProposalsGenerates professional proposal packages.
• Renewal ProposalsBuilds renewal proposal documents in seconds.
• ACORD ApplicationsPre-fills ACORD forms from existing data.
• Certificates of InsuranceGenerates compliant COIs on demand.
• AI Benefits Plan ComparisonAI-powered plan comparison, real-cost modeling, contribution analysis, billing reconciliation, and benefits-specific BOR generation for benefits brokers.
• Bill reconciliationCompares census data across periods, surfaces enrollment shifts and demographic changes, and catches billing errors automatically.
• Contribution analysisTests employer and employee contribution-split scenarios across plans before the open-enrollment meeting.
• Real-cost analysisCombines carrier rates with client's actual employee census to surface the true annual cost per plan.
• Side-by-side plan comparisonCompares medical (HMO, PPO, HDHP), dental, vision, life, disability, and retirement plans across multiple carriers.
• AI Proposal BuilderGenerates client-ready proposals from quote PDFs in minutes, with branding, version control, and citations.
• Custom AI WorkflowsAllows users to describe any workflow in plain English, and the AI generates the prompt, schema, and output structure for a runnable tool.

Key capabilities

• AI automation
• Enterprise-grade security
• 20+ pre-built workflows
• Custom workflow builder (plain English)
• Bi-directional integration with existing systems (AMS360, Applied Epic, HawkSoft, ImageRight, Nexsure)
• Document lifecycle verification
• Automated proposal generation
• Coverage gap analysis
• Quote comparison
• Contract requirements verification
• Tower analysis
• Policy review and summary
• Claim denial appeal package building
• Policy verification against quotes and applications
• Exposure analysis
• Automated BOR letter generation
• Automated ACORD application pre-fill
• Automated Certificate of Insurance generation
• AI-powered plan comparison for benefits
• Bill reconciliation for benefits
• Contribution analysis for benefits
• Real-cost analysis for benefits
• Single-tenant architecture
• Zero data retention for AI training
• Data encryption (AES-256 at rest, TLS 1.2+ in transit)
• SSO & MFA (Okta, Azure AD)
• Role-based access controls
• Full audit logging
• Secure development lifecycle
• Regular third-party penetration testing
• APIs authenticated via OAuth2 and JWT
• Hosted on AWS with VPC isolation
• CIS benchmark hardening
• Continuous network monitoring
• Encrypted geo-redundant backups
• 24/7 automated incident response monitoring
• Ephemeral AI processing
• Branded, downloadable artifacts and reports
• Real-time editing and collaboration on proposals
• Version control and rollback for proposals
• Citations linking proposal claims to source documents

Use cases

• Growing revenue for insurance agents and brokers
• Cutting operational costs for insurance agencies
• Reducing risk and E&O exposure
• Streamlining insurance workflows
• Closing more deals faster
• Serving clients faster
• Scaling agency operations without adding headcount
• Automating manual tasks like quote comparisons and policy reviews
• Performing coverage gap analysis for new business and renewals
• Verifying policy compliance with contract requirements
• Analyzing complex insurance towers
• Generating client-ready proposals quickly
• Reviewing policies and summarizing key information
• Building appeal packages for claim denials
• Confirming bound policies match quoted terms and applications
• Assessing risk factors and exposures
• Tracking policy status across its lifecycle
• Generating compliant Broker of Record letters
• Creating new business and renewal proposals
• Pre-filling ACORD forms
• Generating Certificates of Insurance
• Enhancing client service
• Improving efficiency and consistency across agency operations
• Building market analyses for prospects
• Analyzing and comparing benefits plans
• Reconciling bills and catching errors in benefits
• Modeling contribution strategies for benefits
• Determining true annual costs for benefits plans
• Customizing and automating agency-specific tasks
• Ensuring data privacy and security for sensitive insurance data

AI approach

Outmarket AI provides an AI platform specifically for the insurance industry, offering over 20 pre-built workflows and the ability for users to create custom workflows using plain English. The AI extracts and normalizes data from various insurance documents, performs comparisons, analyses, and generates documents like proposals and certificates. The company emphasizes that customer data is never used for AI training, fine-tuning, or model improvement, and operates with private, isolated AI instances for each customer. They use NLP and knowledge graph technology.

Tech named: NLP, Knowledge Graph

Industries served

• Insurance

What it says sets it apart

• Built specifically for the insurance industry
• Combines AI automation with enterprise-grade security
• Goes beyond streamlining workflows to provide an all-in-one platform
• Unmatched trust, speed, and accuracy
• Operational insurance intelligence
• Ability to build custom workflows in plain English
• Deep, two-way integrations with major AMS systems (Applied Epic, AMS360, HawkSoft, ImageRight, Nexsure)
• Guaranteed zero AI training on customer data
• Single-tenant architecture and logical isolation for each customer
• Zero data retention after deletion
• Private isolated AI instances
• Full ownership, export, and deletion rights for data
• Ephemeral AI processing
• Significant time savings (12-15 hours per person each week)
• Measurable revenue growth (4-6%)
• Reduced error rates (~65%)
• Rapid onboarding and user adoption ('Love at First Sight')
• Admin-reviewed custom workflows for compliance and quality
• Branded, AMS-ready outputs for all workflows
• Real-time collaboration and version control for proposals
• Citations on every claim in proposals linking back to source documents

Funding rounds we track

From the AI funding tracker — rounds as reported by the linked publications.