PeppercornAI has become certified as a B Corp company.
The firm, based in Cardiff but with a fully remote workforce, uses conversational AI to reduce operational costs, better protect risk and deliver a superior customer experience for buying and managing insurance policies.
It featured on our InsurTech 50 ranking late last year and raised £3.25 million in its latest funding round, announced in April.
“The achievement, which is awarded after a rigorous certification process, means that we’ve met B Corp’s high standards of social and environmental performance, transparency and accountability, alongside a commitment to goals beyond shareholder value,” the firm stated.
“We are delighted to be joining the B Corp movement of over 8,000 businesses globally that are using business as a force for good.”
Last year, the InsurTech launched its SaaS platform Pipr to support the motor industry amid rising cost pressures.