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Alex Schmelkin

About Alex Schmelkin

https://www.sixfold.ai/

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 Sixfold raises $30 million Series B funding to build AI Underwriter platform, led by Founder and CEO Alex Schmelkin with backing from Brewer Lane, Guidewire, and strategic investors.

Sixfold Raises US$30 Million Series B to Build the AI Underwriter

February 2 2026

Sixfold, the AI underwriting Insurtech trusted by global insurers, has raised US$30 million in Series B funding

News

 Andrew Robinson, Chairman and CEO of Skyward Specialty Insurance Group, and Alex Schmelkin, Founder and CEO of Sixfold, announce a strategic AI underwriting partnership.

Skyward Specialty and Sixfold Partner to Advance AI-Powered Underwriting

December 19 2025

Skyward Specialty Insurance and Sixfold announce a strategic partnership to accelerate progress toward fully AI-powered underwriting across its U.S.-based P&C lines

News

 Sixfold releases its Responsible AI Report 2025, outlining how insurers can adopt and govern compliant AI systems ahead of new global regulations, with commentary from COO Jane Tran and CEO Alex Schmelkin.

Sixfold Releases ‘Responsible AI Report 2025’ to Help Insurers Meet Emerging Global AI Regulations

November 13 2025

Sixfold announced the release of its ‘Responsible AI Report 2025’, detailing how insurers can adopt, govern, and scale AI

News

 Jonathan Crystal launches Crystal Venture Partners with a $33 million Fund I to back early-stage founders building AI-driven technology for insurance, risk, and resilience.

Ex-Crystal & Co. CFO Launches Venture Fund to Modernize Insurance

October 7 2025

Jonathan Crystal, a longtime insurance operator turned solo GP, today announced the close of Crystal Venture Partners $33 million Fund I. The firm brings deep domain expertise and high-conviction capital to back founders building the technology that powers insurance, risk, and resilience.

News

 Sixfold, the underwriting AI company, today announces that it has expanded its P&C platform with Referral Agent – a major step toward AI that doesn’t just deliver insights but acts on them. Referral Agent flags cases for referral and builds a ready-to-send package in one click, setting the stage for more action-oriented capabilities across underwriting.  Referrals are one of the biggest slowdowns in underwriting. When an underwriter runs into a case that needs a second opinion – whether from a manager, a senior underwriter, or another department – they have to pause their work, gather all the details, and write up a package explaining why the case needs to be referred. Putting this together, plus drafting the email to get it approved, can take nearly an hour. And with up to 40% of applications requiring escalation, underwriters can spend half their day packaging referrals instead of evaluating risk. Sixfold’s Referral Agent changes this completely. Insurers can now ingest their referral guidelines into Sixfold, letting the AI instantly flag cases that need escalation, show exactly why, and draft the entire referral email – complete with referral reasons and case links. Underwriters simply review, edit if needed, and hit send. What normally takes 60 minutes to do manually now takes one minute.  “After Sixfold completes the risk analysis, the next steps have traditionally been left to the underwriter to decide how to move the case forward,” said Alex Schmelkin, Founder and CEO of Sixfold. “Referral Agent changes that. It takes one of the most time-consuming parts of underwriting and turns it into a guided, nearly instant process. Underwriters know exactly when a case needs referral, why, and get everything they need to act on that information right away.” No big IT lift is required to get started with Referral Agent. Simply by sharing referral rules and a few past decisions, Referral Agent can go live in as little as four weeks, seamlessly fitting into the systems underwriters are currently using. Here’s how the agent works: Input: referral guidelines from insurers are ingested to Sixfold’s AI Analysis: Sixfold applies those guidelines the same way every time, flagging exactly when a case needs to be escalated, and why. It also determines whether the case is ready for referral, surfacing what’s missing when not Action: Referral Agent drafts a ready-to-send referral email with links and context so underwriters can review, edit, and send in one step “Real-time, guided recommendations let underwriters move from risk analysis to action, immediately,” Alex continued. “This is a defining moment for Sixfold and a clear signal of where underwriting is headed. It will mean more speed, more consistency, and more growth for our customers – and Referral Agent is only the start.” Sixfold’s product upgrade also includes Email Integration, where underwriters can forward a broker’s email, with all attachments, straight from their inbox to Sixfold. The risk assessment and referral analysis begin automatically, and a pre-drafted referral email appears back in the underwriter’s inbox, ready to send.

Sixfold Launches Referral Agent: Turning AI Insights Into Instant Underwriting Action

October 2 2025

Sixfold, the underwriting AI company, today announces that it has expanded its P&C platform with Referral Agent – a major step toward AI that doesn’t just deliver insights but acts on them. Referral Agent flags cases for referral and builds a ready-to-send package in one click, setting the stage for more action-oriented capabilities across underwriting.

News

 Sixfold launches Condition-Based Insights and Core Clinical Data to transform Life & Health underwriting, with CEO Alex Schmelkin highlighting faster, more accurate, and fairer insurance decisions.

Sixfold Launches Condition-Based Insights and Core Clinical Data to Match L&H Underwriter Logic

August 28 2025

Sixfold unveiled an upgrade to its L&H product, launching Condition-Based Insights and Core Clinical Data

News

 Sixfold launches AI-powered Research Agent to speed underwriting by automating risk intelligence gathering.

Sixfold’s Research Agent Puts an End to Manual Underwriting Research

August 15 2025

Sixfold’s Research Agent is designed to eliminate manual research bottlenecks and it accelerates underwriting decisions

News

Mphasis Announces Strategic Partnership with Sixfold to Strengthen Insurance Underwriting Capabilities

June 17 2025

Mphasis, (BSE: 526299; NSE: MPHASIS), an Information Technology (IT) solutions provider specialising in cloud and cognitive services, today announced a strategic partnership with Sixfold, the US and UK-based AI underwriting company redefining how insurers assess risk.