Artificial intelligence company Jump on Tuesday launched a collaboration with Markel to expand access to Jump’s AI operating system for financial advisers.
The collaboration also allows platform users to research and access errors and omissions insurance coverages offered by Markel and then place them through Joseph Caruso & Associates as broker of record, Jump said in a statement.
Founded in 2023, Salt Lake City-based Jump provides an AI assistant and intelligence engine built for financial advisers and financial services professionals.
There is “a fundamental shift in how risk is managed in the age of AI,” as advisers integrate AI into their businesses, Parker Ence, co-founder and CEO of Jump, said in the statement.
“As organizations adopt AI to drive efficiency and better decision-making, risk management must keep pace,” Hollis Zyglocke, regional president, Southeast region at Markel, said in the statement.
