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AI Copilot for Underwriting

Improve underwriting processes by efficiently leveraging experience, best practices, and guidelines to create more profitable risk assessment.

Out of the box copilots support standard commercial lines: Auto, General Liability, Property, Workers Comp and Umbrella. You can build additional lines alongside our current CoPilots

Underwriting Challenges

Underwriting effectiveness will drive profitability

Most insurers can no longer rely on rate increases to drive profitability. As most carriers converge on rate adequacy, underwriting effectiveness becomes critical to profitability.

Data complexity creates huge backlogs

The proliferation of internal and external information sources is too fast for IT to integrate. Our Rapid Insurance Connectors leverage semantic understanding to bring 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 drives intellectual capital risk & leakage

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.

Non-rate actions are hard to standardize and implement

Non-rate actions are temporary processes often outside of formal automation - organizing, executing and tracking these processes are hard to do consistently.

Turn Underwriting Guidelines into an active risk assessment tool

Solution
Ingest your UW guidelines and best practices to generate powerful UW insights and intelligent UW workflows

Benefit
Your knowledge and expertise is consistently applied to UW decisions, yielding better outcomes and continuous improvement

Our Underwriting Workshop will help you

Design your first Gen AI Pilot program

Work toward speed and high-value examples

Eliminate technical and operational risks

Summarize outcomes and prepare internal business proposals to move forward

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