Book Snapshot by Underwriting AI
Account UW misses the overall picture. Portfolio view provides directional insight.
We provide a portfolio view of the book in a dynamic and interactive manner allowing the carriers to better manage their book at a portfolio level. We identify the aggregation of the risks and outliers in a portfolio view as they can be missed when doing account level underwriting.
We let you focus on the core, account underwriting, and we take care of the chore by providing a book snapshot view of your portfolio, providing insights and directional trends from Underwriting AI sourced data, policy data as well as claims data.
Underwriting AI enables insurers to have insights from their portfolio.
A typical book audit/review provides about 20 data points for review with the loss runs. Underwriting AI can provide up to 1,000 data points on each risk so you can “Know your risk” and have a portfolio view.
DATA POINTSon each risk so you can “Know your risk”
The current business environment has clearly demonstrated how dynamic the risk environment can be. Your book is likely not what it was when you wrote the risks or how it has been presented to you. When was the last time you took a good look at your book? Would you like insights for a book rollover or M&A situation? Is it what you think it is?See your book like you’ve never seen it before.
Audit/Review of Programs/MGAs/Book Rolls/M&A’s
Modern data insights link to each risk to show a concise, current and correct look at the risks on the book. Risks can be flagged for review as well as directionality of the book can be brought under the spotlight.
- Directional movement of risk factors
- Insights into Policy data matched to Risk Insights
- Testing of hypothesis on complex UW criteria
Reinsure with Confidence
Reinsurers deserve to know what’s in their portfolio. Understand today’s risk for what it really is.
- More visibility
- More insights
- Match risks to treaties
Your book is constantly evolving. Understand it cover to cover with confidence.
Policy and Claims Data Insight
Policy data collection is typically low on veracity and completeness. Understand the policy level insights between Underwriting AI data and Policy data in a comparative and complementary manner.
- Trust but verify
- Answers to complex UW questions
Data is gathered from limitless sources, expertly blending and extracting crucial factors into actionable insights.
Going beyond data aggregation, key information is derived from structured and unstructured content to enable better and enriched decision making for evolving risks.
Data is mined to produce actionable, accurate context that previously went unnoticed.
Unstructured text found on the web and social media is analyzed, alerting you to conditions that could affect your decisions.
Risk classifications are inferred with speed and accuracy by our proprietary risk engine by leveraging multiple, continually trained models.
Dynamic risk insights are delivered in real time, providing a joyful experience for your customers, agents, brokers, and underwriters.
“These solutions will set us apart in our marketspace”
“Risk Insights will provide us competitive edge”
“We think Underwriting AI is a game changer for our business”
“The fact that Underwriting AI is built by people who understand insurance, and the underwriters’ intent is a great advantage over the competition that tries to fit one solution for all by focusing on data mapping. Their collaborative mode of working with us is what sets them apart.”