Lexion is an AI-powered contract management system with a unique pedigree, having emerged out of the Allen Institute for AI, the AI research institute created by Microsoft cofounder Paul Allen, and having received backing from investors such as Khosla Ventures, a Silicon Valley firm whose portfolio includes companies such as OpenAi; Madrona Venture Group, which helped launch …
Today, I spoke with Karn Saroya, Co-founder and CEO, at Re. This is an area that I was very interested in learning more about as the company Re is essentially a ‘decentralized Lloyds of London’. Reinsurance transfers the risk from one insurance company to another to reduce the likelihood of a large payout. The reinsurer …