AI for insurance that lets experts be experts
Parallel is a fully integrated platform of AI agents that automates insurance workflows.
Automate the noise.
Amplify the impact.
Scalable and capable, Parallel’s AI agents are trained on insurance data to simply and easily handle manual workflows and perform advanced tasks from inside a single interface.
That means you can automate processes better, find answers faster, and give your people more time to do what experts do best—satisfy clients and drive growth.
Reduction in
Re-Keying
Reduction in Processing Time
Reduction in Renewal Processing Time
ROI Achieved in 4.7 Months
Operational excellence demands meticulous attention to detail.
Parallel makes sure every detail is accurate.
The problem insurance brokerages are facing
Most firms focus on building solutions for specific functions, but the real challenge isn't the tools themselves—it's the data integrity they're built on.
01. Bad data? Costly processes?
3B
Documents handled annually, 85% of which contain unstructured data
4x
Up to 4 times more staff required in manual versus automated environments
$839B
Estimated global losses from manual policy management workflows and legacy systems
80%
Percentage of insurance agencies relying on manual processes
02. A troubling employment landscape.
4%
Only 4% of millennials are interested in agency careers, despite their 75% workforce share (DocuSign, 2024).
11%
Brokerage employment is expected to grow 11% by 2032, amplifying recruitment challenges.
98%
The labor market is growing increasingly competitive for skilled professionals — employment in the insurance industry is 98.4%.
400K
400,000 retirees by 2026, creating massive expertise gaps.
Parallel—an engine for unparalleled runtime
Most firms focus on building solutions for specific functions, but the real challenge isn't the tools themselves—it's the data integrity they're built on.
Meet Our Agents
Parallel is AI built with insurance expertise that lets your experts spend time advising clients and driving results, not filling spreadsheets and checking boxes.
PIE
The Policy Ingestion Engine maintains a perfectly accurate data warehouse and knows to how to read, store, sort, and compare so it’s easily accessible.
LENS
Data enrichment tools facilitate deeper insights and streamline workflows.
VAULT
Reconciles, recovers, and tracks every financial transaction and data point with the ultimate financial intelligence agent built for insurance.
CERT
Generates fully automated client certificates of insurance with reconciled, accurate AMS data.
OPP
Discovers untapped opportunities in client portfolios with recommendations for reconciling errors and capturing additional revenue.
Real impact for the expert era
Sales & Business Development
Empower sales teams with automated intake and enrichment tools that speed up sales cycles and improve revenue opportunities.
Customer Services
& Operations
Take the manual work out of client satisfaction and business development. Parallel’s agents give account management and operations teams a smarter way to reconcile data, respond to clients, and keep every policy accurate.
Finance &
Accounting
Get real-time clarity across revenue, commissions, and cash flow so your finance department can close books faster, recover lost revenue, and support confident decision-making.
Case Study
About Parallel
With Parallel’s intelligent agents handling the humdrum that occupies time-consuming workflows in insurance organizations, your people can handle pivotal work that improves KPIs and client satisfaction.
Parallel was built to solve critical problems facing insurance brokerages. With an employment landscape that leaves much to be desired, coupled with growing workloads, a new way of looking at existing problems was needed to maximize the potential of our industry’s experts.
Our AI agents and models are exclusively trained on insurance data and workflows. This means less time onboarding and more time accelerating processes that deliver a meaningful outcome for clients and KPIs.
