Building AI into the businesses we own.
The Foundry works alongside our companies to put AI and modern technology to work in their products and operations. With our engineering and data expertise, company teams can improve established software, including automating everyday work. They can also build new products for the customers they know.
Good software starts with knowing the industry.
Our companies know the work their customers need to do and the industries they operate in. Joining Balio gives their teams access to the group’s AI and engineering expertise, backed by technology developed across our companies. Together we can turn that knowledge into better products and take on work the business could not tackle on its own.
How we strengthen
a software business.
An AI agent could review marine cargo claims, apply the policy and arrange settlement, keeping a record of each step.
Agents can take routine work out of a company’s daily operations, from handling requests to completing actions across systems. We build them into the software people already use. The same capability lets our companies automate more of their customers’ work.
- Example application
- An insurance software company could add an agent that handles routine marine cargo claims end to end. It reconciles shipping and survey evidence, applies the policy, settles the claim, and notifies the claimant.
- What this changes
- The product can complete more of the work its customers currently handle by hand.
Illustrative marine cargo claim MC-2084. Shipping, survey, and policy evidence are reconciled. The validated loss is $18,000, less a $1,000 deductible. The $17,000 settlement is within delegated authority. Payment is confirmed, the claimant is notified, and the claim is closed.
The product can complete more of the work its customers currently handle by hand.
More about this example
Agents can take routine work out of a company’s daily operations, from handling requests to completing actions across systems. We build them into the software people already use. The same capability lets our companies automate more of their customers’ work.
Example applicationAn insurance software company could add an agent that handles routine marine cargo claims end to end. It reconciles shipping and survey evidence, applies the policy, settles the claim, and notifies the claimant.
Illustrative marine cargo claim MC-2084. Shipping, survey, and policy evidence are reconciled. The validated loss is $18,000, less a $1,000 deductible. The $17,000 settlement is within delegated authority. Payment is confirmed, the claimant is notified, and the claim is closed.
A stronger team
to build with.
The Foundry works with company leaders and product teams on where the business goes next. Our engineers help the team adopt new technology as we improve the software together around changing customer needs.
- 01Set the product direction togetherWe assess gaps in the software against what customers need next. That helps us decide where AI can make a useful difference and what to build.
- 02Build alongside the teamOur engineers work with the people who know the product. We use AI throughout development and test early with real users, data, and difficult cases.
- 03Make it part of daily workWe connect new capabilities to the systems people rely on, with access controls and human review where needed. The team learns how to run and improve them.
- 04Keep building on what worksWe use what customers do and tell us to shape the next release. The company can draw on the Foundry as its product range and ambitions grow.
Every project builds on what we’ve learned.
A Balio company can draw on more than its own team. Lessons from each build help other teams reuse the integrations and tested components it produces. As our companies develop, the engineering knowledge available to each of them grows.
We share engineering knowledge and reusable tools across the group. Company and customer data remains governed by its own access rules.