Elysian

Third-party claims administrator and AI claims software for complex commercial insurance claims.

Editorial listing · Not paidLast verified 2026-10-02AI-native service

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Company basics

HQ
United States
Delivery model
Hybrid (shared operation)
Pricing model
Not disclosed

Scope

Industries
Insurance
Regions
United States
Languages
English (site only)

About Elysian

Elysian is a claims company for what it calls the gnarliest work in insurance. It runs a managed third-party administration service staffed by US-based expert adjusters and offers Ely Audit and Ely Adjust software that works with a carrier's existing claims management system. The security page states a SOC 2 Type II attestation. Elysian announced a $6M seed round in September 2025.

What they do

  • Human review includedSource · checked 2026-10-02TPA team described as US-based expert adjusters averaging 15+ years.
  • Works inside your existing systemsSource · checked 2026-10-02Ely Adjust works with your existing claims management system.

Pricing

Pricing model
Not disclosed
Published starting price
Not published
Pricing page
Not published

Evidence of outcomes

CNo publicly verifiable outcomes yet.Homepage claims nearly 200 combined years of claims experience and adjusters averaging 15+ years; no customer outcomes or named clients found.

A: third-party verifiable outcomes · B: outcomes reported by the company or its investors · C: no publicly verifiable outcomes yet. Demos, forecasts and slogans do not count.

FAQ

Is Elysian a service or software?

Both: a TPA staffed by US-based adjusters plus the Ely Audit and Ely Adjust software.

Does Elysian publish prices?

No pricing is disclosed on the website.

What security attestation does Elysian state?

The security page states a SOC 2 Type II attestation.

Does it work with existing claims systems?

The site says Ely Adjust works with your existing claims management system.

Our read

Editorial view based on public information — not an endorsement.

Fits carriers and MGAs with hard commercial claims that want an outsourced TPA with US-based adjusters, optionally with Elysian's software on top of their own claims system. No pricing is public. Not a fit for personal-lines or high-volume simple claims. Compare which licences the adjusters hold by state and whether you want the TPA service, the software or both. SOC 2 Type II is stated on the security page; other certifications are not.

Capabilities

CheckStatusSource
End-to-end delivery (you don't operate the tools)Not stated—
Human review includedConfirmedSource · checked 2026-10-02TPA team described as US-based expert adjusters averaging 15+ years.
Signed off by licensed professionals (CPA, attorney…)Not stated—
Works inside your existing systemsConfirmedSource · checked 2026-10-02Ely Adjust works with your existing claims management system.
Private / on-prem deployment availableNot stated—
API or data exportNot stated—
Multilingual deliveryNot stated—

Commitments

CheckStatusSource
Public delivery SLANot stated—
Outcome-based pricingNot stated—
Refund / satisfaction guaranteeNot stated—
Customer data not used for trainingNot stated—
SOC 2ConfirmedSource · checked 2026-10-02Security page: maintains a SOC 2 Type II attestation.
ISO 27001Not stated—
HIPAANot stated—
GDPRNot stated—
Named party responsible for outcomesNot stated—

Funding

$6M seed (Business Wire, 2025-09-04)Announcement

How we check

Every check below links to its source and shows when we checked it. "Not stated" means we found no public statement — it does not mean "no".

Our evaluation checklist →

Other routes

Use a tool yourself

Sources

  1. Company website: https://www.elysian.is/
  2. SOC 2: https://www.elysian.is/security
  3. Funding announcement: https://www.morningstar.com/news/business-wire/20250904799064/elysian-raises-6m-seed-round-to-redefine-insurance-claims-services-with-ai-native-platform

Change history

  • 2026-10-02 · Listed on Toolsfine