Plutus Launches AI Solutions for Insurance with Moneta Ventures Backing

A team of former ServiceNow leaders has launched Plutus Technology Solutions Inc., a new company focused on delivering AI solutions tailored for the insurance industry. The startup has secured pre-seed funding from Moneta Ventures, highlighting strong investor confidence in its mission to modernize insurance carriers and brokers using the ServiceNow platform, announced in a press release.

Plutus aims to be a key player in the ServiceNow partner ecosystem by providing AI-native digital agents to enhance claims and servicing processes. The company plans to offer pre-configured solutions across the insurance value chain, targeting property and casualty (P&C), life and annuities (L&A), and brokers. With offices in Chicago, London, and Bengaluru, Plutus is poised to redefine how insurance entities unlock value through the ServiceNow platform.

Chirag Jindal, CEO and Founder of Plutus, emphasized the need for purpose-built solutions and experienced talent to meet the demands of the insurance marketplace. The company is committed to helping carriers and brokers adopt innovations across the ServiceNow platform, aiming to become the global partner of choice for modernization efforts in the insurance sector.