# Flow Specialty

> Flow Specialty is a Mountain View insurtech that set out to automate the grind of specialty wholesale insurance placement with AI. Founded in 2021 as Capitola and rebranded to Flow in April 2024, the company built what it called the industry's first AI insurance broker: a system of backend AI agents - branded 'Platformless AI' - that read submissions, match risk to carrier appetite, build quotes and support human brokers end-to-end without asking retail agents to log into anything. In 2024 its AI reportedly became the first system to pass an RPLU underwriting certification exam, and the firm claimed a 50% quote-to-bind ratio, roughly double the industry norm. In June 2026, ReSource Pro acquired Flow's technology, IP and core team, appointing founder Sivan Iram to lead a new 'AI Factory.'

- **Founded:** 2021
- **Headquarters:** Mountain View, California, United States
- **Founders:** Sivan Iram (Co-founder & CEO), Naor Rosenberg (Co-founder & CTO), Amit Ben Nathan (Co-founder & CPO)
- **Team size:** ~24 employees (approx. 10 core technology team members transferred to ReSource Pro in the 2026 acquisition)
- **Products:** AI Insurance Broker, Platformless AI, Specialty Wholesale Brokerage
- **Notable:** Built what it described as the industry's first AI insurance broker., In 2024, its AI system reportedly became the first to pass an RPLU insurance certification exam., Reported a ~50% quote-to-bind ratio, roughly double the ~20% industry average.

## Products & services

- **AI Insurance Broker** — An agentic AI system that handles specialty insurance quote, bind, and issue workflows end-to-end, described by the company as the industry's first AI insurance broker.
- **Platformless AI** — Backend AI agents that support Flow's brokers across every step of the workflow - submission intake, risk-appetite matching, quote comparison, and review-material prep - without requiring retail agents to log into any software platform.
- **Specialty Wholesale Brokerage** — A licensed wholesale brokerage placing specialty commercial coverage, using AI to serve underserved middle-market accounts that are traditionally uneconomical to service.

## Achievements

- Built what it described as the industry's first AI insurance broker.
- In 2024, its AI system reportedly became the first to pass an RPLU insurance certification exam.
- Reported a ~50% quote-to-bind ratio, roughly double the ~20% industry average.
- Reported 260% growth in 2024.
- Raised a $15.6M Series A led by Munich Re Ventures (April 2023).
- Technology, IP and core team acquired by ReSource Pro in June 2026; founder appointed to lead its AI Factory.

## Latest updates

- **2026-06** — ReSource Pro completed its acquisition of Flow Specialty's AI technology, IP, and ~10-person core team; founder Sivan Iram appointed to lead a new 'AI Factory' for insurance operations.
- **2026-04** — Reports emerged that Flow Specialty was nearing a deal with ReSource Pro amid an insurtech shakeout and AI-outsourcing disruption.
- **2024** — Flow's AI system reportedly became the first to pass an RPLU certification exam; company reported a 50% quote-to-bind ratio and 260% annual growth.
- **2024-04** — Capitola rebranded to Flow Specialty alongside a leadership change and launched 'Platformless AI' for brokers.

## Links

- Website: https://flowspecialty.com
- LinkedIn: https://www.linkedin.com/company/flowspecialty

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Profile page: https://yespress.io/flow
Published by YesPress — https://yespress.io
Last updated: 2026-07-12