A 57-person insurance firm was paid $1.3 million for licensing de-identified claim files from first notice to payout, adjuster notes, reserves and payment histories, in a deal Origin helped place. This is one outcome, not a forecast: price depends on the records, the rights held, demand and the agreed scope.
- Payment: $1.3 million to an insurance firm with 57 people.
- Records licensed: de-identified claim files from first notice to payout, adjuster notes, reserves and payment histories.
- The NAIC says insurers use AI in claims for image analysis, settlement estimates and fraud detection.
- Gramm-Leach-Bliley privacy rules apply to insurers and are enforced by state insurance authorities.
What records did the insurance firm license?
The insurance firm, with 57 people, licensed de-identified claim files from first notice to payout, adjuster notes, reserves and payment histories. Origin does not publish the lines of business, years covered, volume or terms.
A claim file is a complete decision record: what was reported, what the adjuster found, how much was reserved and what was paid. Mercor lists “Finance & Insurance” among its target industries, naming “Statements, underwriting files, claims.”
| Record type licensed | What it shows an AI model | What must be removed first |
|---|---|---|
| Claim files, first notice to payout | The full life of a claim, from report to settlement | Claimant, insured and witness identities; policy numbers; addresses |
| Adjuster notes | How an adjuster investigates and reasons to a decision | Names and personal details inside free text; health information |
| Reserves | How expected cost is estimated and revised over time | Identifiers linking reserves to a person or policy |
| Payment histories | What was paid, when and why | Payee names, bank details and account references |
What do AI companies do with claim files?
Insurers already use AI on claims. The NAIC says that “in claims, AI is used for accident image analysis and to estimate ultimate claim settlement values, along with fraud detection.” Models that do that work learn from claim histories like these.
Mercor adds that “Frontier AI models are increasingly being trained to work inside companies, navigating real tools, workflows, and decisions.” Adjuster notes that explain a reserve change are the reasoning such models need. See selling insurance claims data for AI.
How much is an insurance firm’s data worth?
In this deal, a 57-person insurance firm was paid $1.3 million. That is one outcome; Origin does not publish the scope, exclusivity or terms behind it.
Published company-data programs list the ranges below. None publishes a figure specific to insurers or agencies.
| Published program | What it says it pays companies | Who it says it is looking for |
|---|---|---|
| micro1 Enterprise Data Partnerships | $100K-500K for qualified partnerships; $500K-3M for large-scale operational datasets; $3M+ for highly unique proprietary data | Established companies with 30+ full-time employees and substantial historical operational data, primarily in English |
| Handshake AI company data licensing | $100K to $4M+ payouts; its estimate is "indicative" and "not an offer" | Companies with 20+ full-time employees and 3+ years in operation |
| Mercor data program | No dollar range published; compensation is based on data volume, the tools connected and the depth of the data | Lists “Finance & Insurance” among target industries: “Statements, underwriting files, claims” |
Figures as published on 12 November 2026 by micro1, Handshake AI and Mercor. They are program ranges, not quotes for any company.
Origin Data Partners works with companies that own data and helps get it bought. We are independent of the services on this page, and a buyer may pay us when a deal closes (how Origin is paid). See what your data is worth.
Can a small insurance agency sell its data?
This firm had 57 people. Published floors vary by program: Handshake AI looks for “20+ full time employees & 3+ years in operation,” and micro1 looks for “30+ full-time employees.”
An agency, MGA, TPA or adjusting firm holds different records. An agency’s files may be mostly about quotes, policies and service rather than full claim histories, and carrier contracts may say who owns them. See data licensing for US insurance agencies and licensing underwriting files for AI.
What had to be removed or checked first?
Origin does not publish the checks made in this deal; the records were licensed de-identified. For any insurer, start with privacy law. Under the Gramm-Leach-Bliley Act, “a financial institution may not, directly or through any affiliate, disclose to a nonaffiliated third party any nonpublic personal information” unless its conditions or an exception are met, and the law is enforced for insurers by the State insurance authorities.
Regulation P excludes “blind data that does not contain personal identifiers such as account numbers, names, or addresses.” Claim files also carry health information in injury claims and free-text names in adjuster notes, so de-identification has to cover notes, not just structured fields. Then check carrier agreements and state rules. See how to de-identify company data before licensing.
How does the process work?
An insurance firm can start at category level: which lines of business, which kinds of records and how many years. No claim files are shared to begin.
Start with a company overview. Origin helps organize the record categories, open questions, and a possible next step in a Company Licensing Brief. Your company separately approves any named introduction, evaluation access, and license. No files or system connections are required to begin.
| Step | What happens |
|---|---|
| 1. Describe the company | Start with your company name, website, and contact details. Add your industry, team size, country, and the types of records your business has. |
| 2. Talk through the opportunity | Origin follows up to understand the business, the records you describe, and the question you want to explore. Together we organize a Company Licensing Brief: categories, questions to resolve, unknowns, and a possible next step. |
| 3. Explore a relevant opportunity | If a relevant opportunity is identified, Origin explains the proposed recipient and the company information to be shared. Your authorized contact approves that named introduction before it is made. |
| 4. Assess the terms | Your company reviews the proposed license and decides whether to proceed. Confirm the records, permitted uses, delivery requirements, and payment conditions. |
The full steps are on how it works. The brief is a starting point for a discussion. It is not a valuation, rights clearance, or a receiving program’s acceptance.
Is a data license the same as selling an insurance agency?
No. If you are asking “how much is my insurance agency worth” because you want to sell, an insurance agency valuation looks at the book of business and the agency itself. A data license is a separate agreement: it grants defined rights to use a de-identified copy of certain records, and the firm keeps its clients, carriers and records.
If you plan to sell your insurance agency, see what is my business worth. For records alone, start with the estimate below. More deals are on the case studies page.
Does your company hold records like these? See what your data is worth.
Common questions
How much did a 57-person insurance firm get paid for its data?
$1.3 million, for licensing de-identified claim files from first notice to payout, adjuster notes, reserves and payment histories, in a deal Origin helped place. This is one outcome, not a forecast.
Can an insurance company sell claims data to AI companies?
It can license claim data it holds the rights to, once personal information is removed. Gramm-Leach-Bliley limits disclosure of nonpublic personal information, and state insurance authorities enforce it for insurers.
What do AI companies do with claim files?
The NAIC says insurers use AI in claims for accident image analysis, estimating ultimate settlement values and fraud detection. Claim histories with adjuster notes show the reasoning those models learn from.
Does a data license change my insurance agency valuation?
A data license is a separate agreement from selling the agency. It grants rights to use a de-identified copy of certain records; the agency keeps its book of business and records.
What has to be removed from claim files?
Claimant, insured and witness identities, policy numbers, addresses, payee bank details, and names and health details inside adjuster notes.
Do small agencies qualify for published programs?
Programs set their own floors: Handshake AI looks for 20+ full-time employees and 3+ years in operation; micro1 looks for 30+ full-time employees.
Sources and further reading
- NAIC: artificial intelligence in insurance
- 15 U.S.C. 6802, Gramm-Leach-Bliley Act disclosure limits (Cornell LII)
- 15 U.S.C. 6805, Gramm-Leach-Bliley Act enforcement (Cornell LII)
- 12 CFR 1016.3, Regulation P definitions (eCFR)
- Handshake AI: company data licensing, published payouts and eligibility
- Mercor: published data program terms and target industries