AI is Taking Over Insurance and Brokers Who Ignore It Will Be Left Behind

For centuries, insurance has been the backbone of commerce, providing businesses with the confidence to take risks and grow. Yet despite its foundational role, the industry itself has struggled to modernize. Burdened by legacy systems, fragmented data, and manual workflows, commercial insurance remains a sector where inefficiencies cost brokers and carriers billions of dollars each year.

Now, artificial intelligence is beginning to change that quickly and decisively. Rather than small, incremental improvements, AI is enabling a complete transformation in how insurance is processed, managed, and optimized. Outmarket AI, a newly launched insurtech startup founded by Vishal and Anshu Jain, is at the forefront of this shift, offering a platform designed to integrate AI-driven automation directly into the workflows of brokers and carriers.

Outmarket AI isn’t just another tool for digitizing insurance, a goal that previous generations of insurtech companies attempted with limited success. Instead, the company is building what it calls an "intelligence layer" for commercial insurance. This means AI agents that do more than surface insights—they act on them. The platform is designed to remove bottlenecks, automate underwriting decisions, and eliminate manual data entry, allowing brokers to focus on what matters most: advising clients and growing their business.

“Brokers and carriers know they need to unlock the power of their data to stay competitive, but outdated systems and manual processes slow them down,” said Vishal Sankhla, co-founder and CEO of Outmarket AI. “Outmarket is the missing intelligence layer that modernizes commercial insurance instantly. With AI-powered insights and automation, we help insurance professionals work smarter, win more deals and grow revenue fast.”