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Virtical

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P2P insurance carrier offering AI-driven solutions for health plans.

Overview

Virtical operates as a peer-to-peer (P2P) insurance carrier, focusing on the health insurance sector. The company utilizes technology to facilitate collective insurance among individuals, allowing them to share the financial responsibilities associated with common risks. The platform incorporates artificial intelligence (AI) to offer customized plan recommendations, optimize provider networks, and provide insights into competitive benchmarks. Virtical targets health plans with the intention of improving broker performance and streamlining operational processes, which may lead to enhanced acquisition and retention rates. The company employs precision analytics and has established a pilot community to tackle issues related to affordability and efficiency in health insurance, emphasizing a model of mutual support rather than profit.

Key facts

Founded
2023
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About Virtical

What does Virtical do?

Virtical operates as a peer-to-peer (P2P) insurance carrier, focusing on the health insurance sector.

Where is Virtical headquartered?

Virtical is headquartered in New York City, United States.

When was Virtical founded?

Virtical was founded in 2023.

Which sector is Virtical in?

Virtical operates in Insurance Technology, part of Financial Technology.

Who are Virtical's competitors?

Companies similar to Virtical include So-Sure, Target Professional Programs, and SharePeople.