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Founded in 2022, Reserv offers property/casualty claims administration through a combination of licensed adjusters and proprietary technology. The company reports serving more than 80 managing general agents and 20 carriers across commercial auto, business owners’ policy, general liability, professional lines, and medical malpractice.
Reserv plans to use the funds to accelerate development of claims automation models, expand platform integrations, and introduce new modules beyond claims. These efforts aim to improve adjuster tools and claimant experiences, according to the company.
The company’s technology includes automated data ingestion tools that reduce legacy system migration timelines from months to weeks. It also uses generative AI models to support claim summarization and severity scoring.
Emmalyn Shaw, Co-Founder and Managing Partner, Flourish Venture
“Executives hear a lot of noise around AI. ‘The platform should be AI native’ or ‘an AI sidekick is more optimal,’” comments CJ Przybyl, co-founder and CEO, Reserv. “You won’t often hear us speaking so absolutely. We scale quickly, assess our weaknesses, and build solutions to solve our problems in a direct partnership with our customers.”
“Reserv has demonstrated exceptional progress in a remarkably short period,” says Emmalyn Shaw, co-founder and managing partner, Flourish Ventures. “They’ve successfully built modern infrastructure for an industry traditionally reliant on legacy systems, and their data-driven approach is delivering real value to carriers, MGAs, and ultimately, the policyholders they serve.”
Kenneth Saldanha, Managing Director, Insurance, North America, Accenture.
More Granular Claims Data for Efficiency and Accuracy
The company joins Accenture Ventures’ Project Spotlight portfolio, which connects startups to enterprise clients.
“Reserv’s platform empowers insurers to act on more granular claims data for greater efficiency and accuracy,” says Kenneth Saldanha, managing director for North America in Accenture’s insurance practice. “The feedback loop to risk selection and more competitive pricing drives greater resilience in the market.”
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