Artificial Labs assesses complex insurance market size

Artificial Labs, operating in the complex specialty and property casualty insurance market, estimates the total addressable market to be $500 billion in the U.S. and $1 trillion globally.

Eric Joost, the company's President, shared these market perspectives and Artificial Labs' specific role within it during an interview with CB Insights.

Joost indicated that the company aims to address growing needs for complex insurance solutions in a sector he described as substantial and ripe for service.

While specific details on Artificial Labs' strategies were not elaborated, the discussion provided insight into the company's ambitions within the global specialty insurance landscape.