# 1Fort raises **$7.5M** to transform business insurance with AI

### See how much 1Fort AI can save you

Adjust the values to get your custom results

| $ Annual Commercial GWP | # of employees | # of insureds | % Bind rate | $ Average premium | % Agency bill | % Average commission rate |
|-------------------------|----------------|----------------|-------------|-------------------|----------------|-------------------------|
| Estimated dollar savings per year |  |  |  |  |  |  |
| ## $0 |  |  |  |  |  |  |
| Additional revenue | $0 |
| Cross-sell / up-sell | $0 |
| Software savings | $0 |

Estimated time savings per year

| ## 0hours | Total Employee Time Savings | 0 hours | Total Insured Time Savings | 0 hours |

Assumptions: 2% added revenue from float and payment fees, 10% cross-sell rate, 1.5 hours spent per submission, 2 hours spent per policy, 5% increase in bind rate, 2 hours saved per insured, and $2,400 average annual software spend per user.