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CloudAdvisors

What is CloudAdvisors?

CloudAdvisors is a Canadian InsurTech company focused on modernizing employee benefits analysis and comparison. It operates as a digital marketplace for employee benefits in Canada, utilizing artificial intelligence to enhance how employers and advisors evaluate group insurance plans. The company offers several services, including AI-powered plan analysis that allows users to upload and analyze employee benefit booklets for instant insights. Its benchmarking dashboard enables comparisons against over 15,000 Canadian employers by industry, region, and size. The proprietary BAR Score provides a holistic evaluation of benefit plans, while personalized recommendations help optimize coverage and costs. Launched in 2021, CloudAdvisors digital marketplace streamlines interactions between employers, advisors, and insurers. CloudAdvisors serves employee benefit advisors, insurers, and employers, particularly small to mid-sized businesses, benefiting over 1 million Canadian households with improved access to benefit plan insights.

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