Niels Thone is the co-founder and CEO of Sprout.ai, an insurtech startup that uses AI to reduce the number of fraudulent claims, improve efficiency and reduce costs for insurers, while aiming to improve customers’ “claim experience”. Sprout’s clients include some of the largest insurance companies worldwide, such as Zurich International.
Prior to founding Sprout, Niels gained experience in tech and insurance focused around strategy, fundraising, customer success and the use of deep learning in claims processing. Niels is a serial entrepreneur: in 2014 he established fashion tech startup Morph Clothes, which he sold in 2016. He was part of startup accelerator Techstars’ 2019 cohort and has been a Business Mentor at Imperial College London’s startup incubator since 2016.