Overview
Combine the power of data analytics and unprecedented speed to enable your commercial underwriters with 100% actionable insights and information they can trust.
Key Features
Risk Insights
We provide ease of use and alignment with the digital world by providing an extremely simple interface. Data gathering is enriched and simplified, aggregating information from traditional and nontraditional sources to build a true picture of each risk. We take on the chore so you can focus on the core – quality underwriting.
NAICS Classification
Our software calculates risk based on current conditions and uncovers violations, business practices and previously hidden information. This classification helps ensure honesty, verify necessary licenses and inspections, and allows you to properly write the business you want in your portfolio.
Book Snapshot
A book snapshot takes a carrier’s entire clientele and produces information to give them a detailed report about who is risky and who isn’t. Book snapshots are designed to offer updated information covering every aspect of the underwriting process: liabilities, violations, special conditions, etc. The goal is to offer insurers a way to feel more confident in their underwriting decisions, and always know exactly the risk level of their portfolio.
ACORD Ingestion
Using forms provided by ACORD, we create a baseline for risk assessment and automate the process of inputting and reviewing that information. This frees up time for carriers, and with the information that the documents provide, we can combine it with our own risk assessment to create a more thorough report for customers.
Loss Runs
We extract loss run information and standardize it to give carriers a fully encompassing report without all the work. We save time and offer significantly more information on policyholders by augmenting loss run information with thousands of additional data sources.
Key Benefits
- Turnaround times from hours to minutes
- 90% time savings for writing new policies
- Double your output with same # staff
Risk Insights
- Instant risk assessment
- Complete insights
- Real-time attribute identification
NAICS Classification
- Thoroughly screen policy applications & renewals
- Know your customer in just seconds
- Digitize your underwriting & renewal processes
Book Snapshot
- Audit/Review of programs/MGAs/Book Rolls/M&A’s
- Reinsure with confidence
- Policy and claims data insight
ACORD Ingestion
- Data ingestion
- Data comparison
- Data corrections
Loss Runs
- Standardized view of Loss Runs
- Loss Run insights
- Claims data insight
