QBE Ventures backs Lazarus AI

QBE Ventures has invested in Lazarus AI , a provider of AI and computer vision solutions aimed at streamlining data extraction and document processing for businesses. Leveraging its proprietary reasoning engine, Lazarus AI excels in processing diverse data—like handwritten documents and imagery—within regulated environments, positioning it as a valuable tool for insurers and other sectors requiring high precision.

Originally rooted in healthcare, Lazarus AI has expanded to global insurers with its multi-modal “ATLS” engine, facilitating complex decision-making and risk assessment. This technology enables underwriters and claims officers to quickly access evidence-based reports informed by various data sources, including topographical, socio-economic, and historical data.

QBE Ventures sees Lazarus AI’s work as part of a broader shift toward specialized, AI-powered solutions for regulated industries, positioning QBE to harness these advancements to improve agility and strategic risk assessment.

Bottom Line: Lazarus AI currently has customers in the healthcare, banking and insurance industries.