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The platform has doubled its premium volume since its $50 million Series B funding round in January, reaching over $20 million in premiums. This milestone comes amid a tougher medical malpractice insurance market characterized by higher claims costs and large jury awards.
The AI-driven medical professional liability platform said premiums have doubled since its $50 million Series B financing in January. It also said about 40% of submissions now get an automated decision and its median quote turnaround is under one business day.