Related Products
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About
Facio provides AI-native software infrastructure for specialty insurance organizations, including MGAs. Our platform, FacioMGA, supports the policy lifecycle: submission intake, risk classification, underwriting, quoting, binding, policy issuance, endorsements, billing, commissions, compliance, reporting, renewals and integrations. Customers configure products, rating rules, eligibility criteria, workflows, documents and permissions without rebuilding technology for each program. Facio offers standalone solutions for surplus-lines tax and fee calculation, SIC/NAICS classification, sanctions screening, actuarial operations and automated carrier-declination workflows. Our Org2vec technology creates an evidence-backed memory by connecting policies, contracts, financial records, assets, suppliers, cybersecurity systems and operational data, while Facio Eigen provides a zero-trust control layer that applies permissions, rules, approvals and audit trails to AI-assisted decisions and actions.
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About
Our AI-powered technology helps you deliver fast and accurate claims decisions, enabling you to better serve your customers. However, by adapting certain features and data sources, we have developed a solution that’s configurable for every insurance line, from health and life insurance to motor and property. Sprout.ai provides fast and accurate claims decisions whatever the sector. From handwritten doctor’s notes, to call transcripts and prescriptions, our technology extracts all the relevant information from any type of claim document. The claim is validated with external data points such as treatment codes, provider network policies, or medication information, and then checked against policy documents. Deep learning AI algorithms predict the best next step for a claim and pair it with a clear justification.
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Platforms Supported
Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook
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Audience
Facio benefits MGAs, insurers, brokers, reinsurers, government agencies and other regulated organizations seeking to replace fragmented legacy systems and manual processes with configurable, auditable and securely governed AI-powered infrastructure.
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Audience
Companies wanting an AI powered insurance claims automation platform
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Support
Phone Support
24/7 Live Support
Online
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Support
Phone Support
24/7 Live Support
Online
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API
Offers API
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API
Offers API
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Screenshots and VideosNo images available
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Screenshots and Videos |
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Pricing
$65/mo./user + cloud
Free Version
Free Trial
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Pricing
No information available.
Free Version
Free Trial
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Reviews/
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Reviews/
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Training
Documentation
Webinars
Live Online
In Person
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Training
Documentation
Webinars
Live Online
In Person
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Company InformationFacio
Founded: 1600
United States
www.facio.io
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Company InformationSprout.ai
Founded: 2018
United Kingdom
sprout.ai/
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Integrations
No info available.
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Integrations
No info available.
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