Plutus, founded by former ServiceNow executives Chirag Jindal (CEO), Kara Anderson (COO), and Abhishek Bajpai (CTO), has received strategic investment from ServiceNow Ventures to accelerate its AI-native solutions for modernizing claims, underwriting, and servicing in P&C, L&A, and broker ecosystems. Built on the ServiceNow AI Platform, Plutus delivers pre-configured agentic AI agents to streamline insurance workflows, enhancing efficiency and decision-making for carriers and brokers.
Insurance processes often lag due to legacy systems and manual tasks, hindering scalability. Plutus addresses this by deploying industry-specific AI agents on ServiceNow, automating complex journeys while ensuring compliance and transparency. "Our mission from day one has been to bring purpose-built, industry-specific AI agents to the insurance ecosystem that are built on ServiceNow," said Kara Anderson, COO and Co-founder of Plutus. "With the support of both Moneta Ventures and now ServiceNow Ventures, we're accelerating our roadmap to help carriers and brokers modernize faster and with greater confidence."
The investment reinforces Plutus's integration within ServiceNow's ecosystem, leveraging its AI Platform for transformative solutions. "Plutus represents the type of industry-focused, AI-first innovation we want to see thrive in the ServiceNow ecosystem," said Vidya Balakrishnan, VP and GM, Financial Services, ServiceNow. "Built on the ServiceNow AI Platform, their agentic AI solutions have the potential to dramatically simplify and modernize insurance operations. Together, Plutus and ServiceNow are empowering carriers to resolve policyholder issues quickly, transparently, and at scale, and we're excited to support their growth."
With enterprise deals in progress, Plutus is set to lead AI adoption in insurance, driving outcomes across the value chain.
Plutus's ServiceNow Ventures backing accelerates AI modernization for insurance, delivering agentic solutions that enhance efficiency, transparency, and scalability for carriers and brokers.
Plutus is on a mission to transform insurance on ServiceNow. A bold new entrant into the ServiceNow partner ecosystem, Plutus partners with carriers and brokers to modernize journeys, deploy AI-native digital agents, and accelerate outcomes with pre-built solutions across the insurance value chain.
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