Product + Company Updates

fileAI joins Plug and Play's Insurtech Batch 18 in Silicon Valley

30
April 2025
fileAI joins Plug and Play's Insurtech Batch 18 in Silicon Valley

At a glance

  • One of 8 insurtech startups selected worldwide for Plug and Play’s highly competitive Batch eighteen program.
  • AI‑native workflow automation purpose‑built for the insurance industry, transforming claims and document‑heavy processes.
  • Silicon Valley immersion offers direct collaboration with global insurers, reinsurers, and venture partners.

Accelerating purposeful innovation in insurance

We are delighted to share that fileAI has been invited to join Plug and Play’s Insurtech Batch 18. The world’s largest early‑stage investor and innovation platform, Plug and Play has backed transformative companies such as Dropbox and PayPal

Since 2006, the organization has cultivated an ecosystem purpose‑built for collaboration: over 3500 startups, 500 global enterprises, and a track record of fast‑tracking new ideas into production. The 12‑week accelerator connects promising ventures with Plug and Play’s extensive network of carriers, reinsurers, and technology partners. Through mentorship, pilots, and investment opportunities, we intend to showcase how secure, enterprise‑grade AI unlocks new levels of efficiency for insurers worldwide.

How fileAI empowers insurers

fileAI is the leading AI‑native workflow automation platform and the world’s only horizontal file processing agent. Our advanced predictive AI, vision‑language models (vLMs), and large language models (LLMs) automate complex, unstructured data workflows at scale—across PDFs, spreadsheets, emails, images, and more.

For insurers, this translates into:

  1. Faster claims settlement — automatically extract, validate, and route data from loss notices, medical reports, and invoices.
  2. Policy administration at scale — digitize legacy forms and integrate structured data directly into core systems.
  3. Regulatory compliance — maintain transparent audit trails with enterprise‑grade security and fine‑grained access controls.

Trusted by global insurance leaders such as MS&AD, DirectAsia, and Tokio Marine, fileAI processes over two hundred million files annually in more than two hundred languages, delivering measurable cost savings.

Working with a global ecosystem

Plug and Play’s corporate partners include leading carriers such as Aon and USAA. Through this ecosystem, fileAI aims to co‑create solutions that shorten claims cycles, reduce manual effort, and deliver a better policyholder experience.

“Insurance runs on documents and data. Partnering with Plug and Play allows us to bring reliable AI to the heart of those workflows,” said Christian Schneider, co‑founder and CEO of FileAI. “We are grateful for the opportunity and look forward to learning from industry peers.”

For more information, visit https://www.plugandplaytechcenter.com/industries/insurtech.

fileAI joins Plug and Play's Insurtech Batch 18 in Silicon Valley

fileAI, the AI‑native workflow automation leader, joins Plug and Play’s Silicon Valley Insurtech Batch eighteen as one of 8 global startups transforming claims and file-intensive processes.

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