Planck vs Vertafore
Side-by-side comparison of AI visibility scores, market position, and capabilities
New York AI commercial underwriting intelligence auto-researching business risk for insurance carriers; $53M from State Farm/Nationwide Ventures competing with Verisk for commercial lines underwriting data and risk scoring.
About
Planck is a New York-based insurance technology company providing AI-powered commercial underwriting intelligence — automatically researching businesses, collecting public data signals, assessing risk factors, and generating underwriting summaries for commercial insurance carriers and brokers in seconds rather than the hours of manual research that commercial underwriting traditionally requires. Founded by Elad Tsur and Amir Cohen and backed with $53 million raised from Team8, State Farm Ventures, Nationwide Ventures, and others, Planck serves 30+ commercial insurance carriers including Chubb, Markel, and W.R. Berkley for commercial lines underwriting acceleration.
Bothell insurance agency management platform serving 20,000+ agencies and 1,000+ carriers; Francisco Partners/TPG-backed AMS360 and Sagitta competing with Applied Systems for independent agency technology.
About
Vertafore is an Bothell, Washington-based insurance technology company providing agency management systems, rating and comparative rater tools, and distribution automation software to the independent insurance agency and carrier ecosystem — serving 20,000+ independent agencies, 1,000+ carriers and MGAs, and 30+ state associations with the AMS360, Sagitta, QQCatalyst, and Applied TAM agency management platforms. Private equity-backed by Francisco Partners and TPG, Vertafore is one of the two dominant agency management system vendors in the US independent agency market (alongside Applied Systems), serving the agency channel that distributes approximately $400 billion in US insurance premium annually.
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