Federato announces $80 million raised to bring RiskOps to insuranceNew capital will drive continued global expansion to bring more insurers into the AI eraSAN FRANCISCO, November 20, 2024-- Federato, the AI-native underwriting platform for insurance, announced today that it has raised a total of $80 million, including its latest Series C funding round.

Federato宣布筹集8000万美元，将风险运营（RiskOps）引入保险业。2024年11月20日，新资本将推动全球持续扩张，将更多保险公司引入人工智能eraSAN FRANCISCO——人工智能本土保险承保平台Federato今天宣布，已筹集8000万美元，包括其最新一轮的C系列融资。

The $40 million round was led by global private markets investor StepStone Group (NASDAQ: STEP), with participation from existing investors, including Emergence Capital, Caffeinated Capital and Pear VC, who together represent over $200 billion in combined assets under management..

这轮4000万美元的投资由全球私人市场投资者StepStone Group（纳斯达克股票代码：STEP）牵头，现有投资者包括Emergence Capital、Caffeinated Capital和Pear VC，他们共同管理的总资产超过2000亿美元。。

'We have been closely following Federato's rapid growth over the past five years as an LP in several organizations who have been investors in the company since inception. Founders Will and William's deep expertise in AI and their dedication to bringing a true vertical AI product to the insurance industry is impressive.

“我们一直在密切关注Federato在过去五年中作为LP在几个组织中的快速增长，这些组织自成立以来一直是该公司的投资者。。

Federato's fast-growing customer base is a testament to the impact they've already delivered,' said John Avirett, Partner at StepStone Group. 'We are excited to partner with Federato as they help insurers innovate on business models to better serve challenged markets.'.

StepStone Group合伙人约翰·阿维瑞特（JohnAvirett）说，Federato快速增长的客户群证明了他们已经产生的影响我们很高兴与Federato合作，帮助保险公司创新商业模式，更好地服务于面临挑战的市场。”。

Federato's RiskOps platform opens the door to a new era of underwriting for the industry. Insurers have confronted new challenges like climate change, cyber crime, and social inflation over the last decade, and AI is likely to define the winners and losers in the decade to come. RiskOps is about enabling an AI-first mindset that makes risk selection faster and more precise, teams more efficient, and growth more profitable and sustainable.

Federato的RiskOps平台为保险业开启了一个新时代的大门。在过去十年中，保险公司面临着气候变化、网络犯罪和社会通货膨胀等新挑战，人工智能很可能会在未来十年中定义赢家和输家。RiskOps旨在实现AI优先的思维模式，使风险选择更快、更精确，团队更高效，增长更有利可图、更可持续。

Federato customers regularly see a 90% improvement in time-to-quote, 3x improvement in the proportion of good business bound, and 50-90% reduction in systems used by underwriters. These improvements across the value chain are fundamental to confronting these new challenges while staying efficient and competitive..

Federato客户经常看到报价时间提高了90%，良好业务约束比例提高了3倍，承销商使用的系统减少了50-90%。整个价值链的这些改进对于在保持效率和竞争力的同时应对这些新挑战至关重要。。

'When we started with Federato nearly three years ago, we were impressed by the modern underwriting platform they had built. Since then, Federato has become the core engine that powers our growth businesses here in North America. Today, we are leveraging the RiskOps platform as a unified core system for the entire policy lifecycle, from submission to quote, bind, and issue.' said Mike Foley, Chief Underwriting Officer, QBE North America..

“大约三年前，当我们开始与Federato合作时，他们建立的现代承销平台给我们留下了深刻印象。从那时起，Federato已成为推动我们北美业务增长的核心引擎。今天，我们正在利用RiskOps平台作为一个统一的核心系统，用于整个政策生命周期，从提交到报价、绑定和发布。”QBE北美首席承销官Mike Foley说道。。

As losses have grown more volatile and less predictable for the insurance industry, the volume of data insurers need to manage has grown faster than it can be organized and used. The combination of these forces has led many large players to pull back from challenged markets, citing a technical inability to effectively price risk.

随着保险业的损失变得更加不稳定和不可预测，保险公司需要管理的数据量增长速度超过了其组织和使用的速度。这些力量的结合导致许多大型企业退出了受到挑战的市场，理由是技术上无法有效定价风险。

Federato's AI-native RiskOps approach has been particularly impactful in helping insurers confront difficult markets like aviation, commercial trucking, political violence, wildfire, and hurricane while delivering strong baseline efficiencies to more traditional markets..

Federato的AI native RiskOps方法在帮助保险公司应对航空、商业卡车运输、政治暴力、野火和飓风等困难市场方面尤其有效，同时为更传统的市场提供了强大的基线效率。。

'Velocity is and always has been in the relentless pursuit of a more efficient operation that can serve the challenged coastal wind-exposed property market,' said Rod Harden, President, Velocity Risk, an MGA/carrier hybrid specializing in E&S property insurance. 'In order to do that, we need an underwriting platform that can keep up with the complexity and speed of our business.

“Velocity一直在不懈地追求更高效的运营，以服务于面临挑战的沿海风风险的房地产市场，”专门从事E＆S财产保险的MGA/carrier混合保险公司Velocity Risk总裁罗德·哈登（RodHarden）说为了做到这一点，我们需要一个能够跟上业务复杂性和速度的承销平台。

Federato has delivered on those needs and pushed us to constantly iterate and improve on our processes, driving a 3.7x increase in the percentage of our bound policies that meet our definition of high appetite.'.

Federato已经满足了这些需求，并推动我们不断迭代和改进我们的流程，推动我们符合高胃口定义的约束政策的百分比增加了3.7倍。”。

While Federato already helps thousands of underwriters focus on the highest-value business across global carriers, MGAs, and mutuals, this funding will be used to drive Federato's continued global presence in the UK, Europe, LATAM, and APAC markets.

虽然Federato已经帮助数千家承销商专注于全球运营商、MGA和互惠保险公司的最高价值业务，但这笔资金将用于推动Federato在英国、欧洲、拉丁美洲和亚太市场的持续全球业务。

On the round and its significance, Will Ross, co-founder and CEO of Federato said, 'We couldn't be more elated that our investors and customers feel the momentum of RiskOps in insurance the way we do. We see this financing as a milestone of continued progress and not an achievement in and of itself.

关于本轮融资及其意义，Federato联合创始人兼首席执行官威尔·罗斯（Will Ross）表示，“我们的投资者和客户以我们的方式感受到了保险业风险运营（RiskOps）的势头，这让我们感到无比高兴。我们将此次融资视为持续进步的里程碑，而不是取得的成就。

That achievement lies in the value we are creating each and every day for our customers and the communities they serve. Onward!'.

这一成就在于我们每天都在为客户及其服务的社区创造价值。继续！”。

About Federato

关于Federato

Federato is bringing RiskOps to insurance to help underwriters win the right deals, faster. From the moment a submission hits an underwriter's email or portal, RiskOps puts AI to work, triaging submissions with a focus on high-appetite business, delivering real-time feedback on the portfolio, and consolidating workflows into a single proven system.

Federato将RiskOps引入保险业，以帮助保险商更快地赢得正确的交易。从提交到承销商的电子邮件或门户网站的那一刻起，RiskOps就让人工智能发挥作用，对提交的内容进行分类，重点关注高胃口的业务，提供投资组合的实时反馈，并将工作流程整合到一个经验证的系统中。

Federato delivers the transformation required to drive profitable growth, providing confidence that teams will stick to the plan, because their unique portfolio goals, strategies, rules, and appetite are built into the core system through which they transact business..

Federato提供了推动盈利增长所需的转型，使团队有信心坚持计划，因为他们独特的投资组合目标、战略、规则和偏好已构建在他们交易业务的核心系统中。。

About StepStone

关于StepStone

StepStone Group Inc. (Nasdaq: STEP) is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to its clients. As of September 30, 2024, StepStone was responsible for approximately $682 billion of total capital, including $176 billion of assets under management.

StepStone Group Inc.（纳斯达克股票代码：STEP）是一家全球私人市场投资公司，专注于为客户提供定制的投资解决方案以及咨询和数据服务。截至2024年9月30日，StepStone拥有约6820亿美元的总资本，其中包括1760亿美元的管理资产。

StepStone's clients include some of the world's largest public and private defined benefit and defined contribution pension funds, sovereign wealth funds and insurance companies, as well as prominent endowments, foundations, family offices and private wealth clients, which include high-net-worth and mass affluent individuals.

StepStone的客户包括世界上一些最大的公共和私人固定收益和固定缴款养老基金、主权财富基金和保险公司，以及著名的捐赠基金、基金会、家族理财办公室和私人财富客户，其中包括高净值和大量富裕的个人。

StepStone partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes..

StepStone与其客户合作开发和构建私人市场投资组合，旨在实现其在私人股本、基础设施、私人债务和房地产资产类别方面的具体目标。。