Our Underwriting Workbench is a digital insurance platform for underwriters that supports decision-making processes with AI, provides a 360-degree view of accounts, and ensures effective collaboration with brokers, MGAs, and other partners.
Book a demoAccording to Accenture, underwriting specialists spend 40% of their time on non-core tasks, losing $85-$160 billion over the next few years. Traditional risk selection suffers from manual document management and data entry, unstructured data, delays in decision making and quotation — all leading to lost deals due to delays and unsatisfied customers.
By adopting advanced insurance underwriting systems powered with artificial intelligence, underwriters can leverage technology to the fullest extent.
We offer a ready-made insurance underwriting system powered with AI to help you build and automate workflows, improve decision-making processes, and do risk selection effectively.
Embedded AI capabilities analyze unstructured data, evaluate risk, identify anomalies, and surface decision-ready insights in real time. Underwriters get contextual recommendations to enhance risk selection, pricing accuracy, and overall underwriting quality.
Handle every step of the underwriting journey from a single pane of glass. Our configurable workflows offer complete visibility into submissions, quotes, policies, and tasks—ensuring nothing slips through the cracks.
Move beyond submissions. Get a holistic understanding of your accounts with access to full policy history, claims data, broker relationships, and current exposure. Make strategic decisions with a complete picture of the customer.
Speed up the quote process with AI-assisted pricing models and pre-configured business rules. Decrease manual work and inconsistencies while enhancing quote turnaround time.
Support your distribution ecosystem with a unified portal for brokers and coverholders. Whether working with traditional brokers or managing general agents (MGAs) under delegated authority, the platform offers secure submissions, real-time collaboration, and access-level control tailored to each partner's role.
Lessen portfolio risks with built-in tools that detect policy overlaps, conflicting coverages, and accumulations in real time. Protect your book and improve underwriting control.
Ingest unstructured submissions from email and documents leveraging natural language processing. Convert messy attachments into structured, actionable data.
Standardize policy language and maintain contract certainty with an intelligent clause library. Ensure regulatory compliance and accelerate document generation.
Connect effortlessly to risk data providers, bordereaux processors, asset valuation sources, and more. Open APIs allow you to work within your ecosystem without disrupting core workflows.
Firstly, the system harmonizes all messy data scattered across your documents, emails, and other assets to receive and process submissions appropriately. Secondly, it uses artificial intelligence to correctly evaluate risks and various factors affecting insurance coverage and price. Thirdly, this platform is a single place to keep all customer history in order to understand your clients better and offer them relevant quotes.
Our platform is easy to implement. We start with figuring out your underwriting journeys, internal and external data flows, and third-party sources of data you use. Then, we proceed with building the proper workflows and configuring the platform to your specific requirements.
The platform includes dashboards, submissions, accounts and policies, broker portal, goals and business rules, reports, and admin functionalities to do risk selection effectively.
Yes, our software product can be integrated with other systems you use for underwriting purposes: external data sources, bordereaux processing solutions, asset valuation and risk data sources, and many more.
Yes, our solution for underwriting provides a user-friendly broker portal for collaboration, ensuring seamless quote creation and policy management.