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Agentic AI Underwriting CoPilot

Drive accurate underwriting decisions with better prioritization, risk classification, risk understanding and loss analysis using an agentic AI decision framework.

Out of the box copilots support standard commercial lines: Auto, General Liability, Property, Workers Comp and Umbrella. Additional lines (including Specialty and E&S) can be added easily via no-code configuration.

Underwriting Challenges

Lack of Underwriting prioritization prevents focusing on the right risks

Many underwriting teams are overwhelmed by the volume of new business applications. As a result, they can’t quote the risks that are the best fit for their products and don’t optimize the yield for their underwriting investment.

Data complexity creates huge backlogs

The proliferation of internal and external information sources is cumbersome and complex. Our industry and line of business specific knowledge graphs capture semantic understanding of business entities to bring internal and external insights into your decision making processes.

Misclassification is common and drives underwriting loss

Client understanding is complicated - misclassification is unprofitable and potentially disastrous; and leads to inaccurate risk assessment, pricing, exposures, and exclusions.

Personnel turnover risks intellectual capital

Employee turnover and retirement risk loss of specialized underwriting knowledge - individual expertise varies greatly, and best practices are hard to capture and even harder to apply.

Product updates take quarters to implement

Market competitiveness and compliance require companies to update products frequently. However system complexity, technical debt and tight IT budgets force companies to operate a much slower schedule - even for smaller projects.

Loss Analysis & Summary

Solution
Rapidly consolidate loss histories for multiple products from different carriers. weav.ai’s loss history analysis agents read, consolidate and understand your loss histories and organize the accurately in minutes.

Benefit
Quickly review critical insights, visualize loss trends and behaviors and analyze repeating causes of loss.

Turn Underwriting Guidelines into an active risk assessment tool

Solution
Our Underwriting Guideline Compliance decision engine reads your underwriting guidelines, understands them and evaluates new, renewal and already written applications to provide an independent assessment of underwriting compliance. This powerful assistance helps ensure the integrity of your book and guideline compliance. It can also support internal and MGA audits.

Our AI Driven Underwriting Scorecard is business configured and provides a powerful underwriting decision framework that integrates insured risk context into a clear and easily understood underwriting recommendation.

The AI-powered Underwriting Scorecard integrates contextual risk data to produce a clear, business-configured recommendation, turning your guidelines into a living, decision-making framework.

Benefit
weav.ai provides the ultimate agentic ai support for underwriting decision making on two levels:

An independent point of view confirming underwriting compliance with established guidelines and a easily understood and communicated underwriting decision making framework that democratizes your best understanding of risk for every industry and product.

Plan your Gen AI underwriting program from pilot to production

Identify high value / quick return starting point

Eliminate technical and operational execution risks

Estimate targeted ROI and prepare an internal business case

Have a clear idea of next steps

Be up and running quickly

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