Plutus, founded by former ServiceNow executives Chirag Jindal (CEO), Kara Anderson (COO), and Abhishek Bajpai (CTO), is bringing industry-specific AI agents to the insurance sector. With pre-configured, AI-native solutions for claims, underwriting, and servicing, Plutus aims to modernize workflows across P&C, L&A, and broker ecosystems.
Strategic Investment from ServiceNow Ventures
Plutus recently received funding from ServiceNow Ventures, reinforcing the alignment between Plutus’s agentic AI solutions and ServiceNow’s AI-driven vision for financial services. The partnership leverages the ServiceNow AI Platform to accelerate intelligent automation, enhance operational efficiency, and support smarter decision-making for carriers and brokers.
Kara Anderson, COO and Co-founder of Plutus, explained, “Our mission from day one has been to bring purpose-built, industry-specific AI agents to the insurance ecosystem that are built on ServiceNow. With this support, we’re accelerating our roadmap to help carriers and brokers modernize faster and with greater confidence.”
AI-First Insurance Operations
Plutus’s platform is designed to streamline insurance workflows by embedding AI agents into the core processes of claims resolution, underwriting, and policy servicing. The solutions aim to:
- Simplify complex insurance operations through pre-configured AI agents.
- Resolve policyholder issues quickly and transparently at scale.
- Drive operational efficiency and reduce manual workload for carriers and brokers.
Vidya Balakrishnan, VP and GM of Financial Services at ServiceNow, added, “Plutus represents the type of industry-focused, AI-first innovation we want to see thrive in the ServiceNow ecosystem. Together, we’re empowering carriers to modernize insurance operations while delivering better service to policyholders.”
Market Implications
With enterprise contracts already underway, Plutus is positioning itself as a partner of choice for insurers looking to leverage AI on the ServiceNow platform. The combination of agentic AI capabilities and a foundation in ServiceNow’s enterprise-grade platform offers a scalable pathway to modernize operations, reduce friction, and drive measurable business outcomes.
Power Tomorrow’s Intelligence — Build It with TechEdgeAI
