Found the highest-value opportunity in pet insurance and rapidly created an AI solution assistant built to solve it.
The Opportunity
Pet care costs are rising due to factors like inflation, a shortage of veterinary professionals, and increased demand, making pet insurance an appealing option. Experts predict the pet insurance industry will grow to $38.3 billion by 2033, as more pet owners seek financial protection for their pets’ health. However, the claims process remains problematic, with long delays for reimbursements, leaving pet owners to cover expensive bills upfront or delay essential care.
A significant bottleneck in the claims process is the role of vet tech adjusters, who must manually sift through disorganized veterinary records to process claims. This tedious and time-consuming task prevents them from using their expertise to make faster, more accurate decisions, ultimately slowing down the system and hindering the growth of pet insurance companies.
To address this, we developed an LLM-powered tool that automates the ingestion and organization of veterinary records. By generating a comprehensive pet health history, this tool enables adjusters to process claims in minutes, improving efficiency, reducing customer frustration, and supporting the growth of the pet insurance industry—all while ensuring pets receive the care they need faster.
Discovery
Ethnography Our team of researchers conducted hours of ethnography, shadowing adjusters and studying the adjudication process.
Process Mapping Then, they mapped out the adjudication process, identifying the most significant opportunities.
Testing & Iteration
Our team studied our development partner’s most complicated pet claim cases, each with lengthy medical records, to make sure our product could do what it promised.
We refined and iterated based on our learnings, and even developed a four-step quality assurance process to ensure that the pet health histories generated through Agentech consistently meet or exceed our ambitious accuracy thresholds.
Product Selling Points
Extracts vet records from our partner’s database and ingests and reviews medical documents.
Creates a pet health history profile & Runs a rigorous QA process + accuracy audit.
Processes documentation in seconds and displays salient information at key decision points.
Product Interface
“The best thing about Agentech is the speed at which it can provide a comprehensive and accurate summary of the pet's medical history. It's a huge time saver having a detailed breakdown of all medical conditions, accidents, and medications provided to you at the click of a button."
—Elisha Colven, Insurance Professional and Veterinary Technician
Brand Identity
The Agentech brand identity blends digital innovation with nostalgic charm. Though Agentech offers cutting-edge technology, its branding aims to feel familiar and reliable without appearing overly sleek. Clean, geometric shapes and a muted color palette contribute to an understated yet distinctive brand image.