intelligent automation in insurance

  Connected workbench Connected workbench For many underwriters, the data explosion provides both a challenge and an opportunity. Solving complex risks problems is a highly sophisticated process that relies not only on deep and extensive first-hand experience but also on mining and interrogating multiple, disparate data sources. Evolved underwriters that can take advantage of emerging technologies (AI, machine learning, RPA etc) to leverage real-time data will become more valuable to their clients and companies.

  Delegated authority workbench For many underwriters, the data explosion provides both a challenge and an opportunity. Solving complex risks problems is a highly sophisticated process that relies not only on deep and extensive first-hand experience but also on mining and interrogating multiple, disparate data sources. Evolved underwriters that can take advantage of emerging technologies (AI, machine learning, RPA etc) to leverage real-time data will become more valuable to their clients and companies. Delegated authority workbench

  DUA (delegated underwriting authority) For many underwriters, the data explosion provides both a challenge and an opportunity. Solving complex risks problems is a highly sophisticated process that relies not only on deep and extensive first-hand experience but also on mining and interrogating multiple, disparate data sources. Evolved underwriters that can take advantage of emerging technologies (AI, machine learning, RPA etc) to leverage real-time data will become more valuable to their clients and companies. DUA (delegated underwriting authority)

  Bordereaux management “Following the successful launch of our Underwriting Workbench earlier this year, we have continued to develop our market-leading technology to deliver a solution tailored to the needs of insurers and reinsurers managing large portfolios of delegated business. By automating and speeding up bordereaux and coverholder processes, insurers can now streamline operations and work smarter. And our solution gives them confidence that they have everything they need to carefully monitor and regulate the performance of their delegated arrangements at a time when they are under increased pressure to maintain profitability.” Bordereaux management

  Underwriting desktop The AI-driven Underwriting Workbench platform is the first in the market to process open market and delegated business in one solution, providing a standardised view of risk exposure and detailed analysis on MGA and Coverholder performance in real-time. The platform, which offers advanced data ingestion and management, has been developed to bridge the gap between traditional ways of working and future-state delegated authority. Functionality includes AI-based bordereaux processing for spreadsheets with rule validation, and API-enabled processing in real-time of any unstructured data written by delegated authorities. Underwriting desktop

  Underwriting workbench Features of the Delegated Authority Workbench include: Advanced rule validation, configurable rules engine, full data capture and automated checks. Seamless extraction of data sources with APIs. All submission options are available including unstructured documents. Highly-configurable conversational workflows around MGA and Coverholder onboarding and due diligence, scheme setup and bordereaux processing. Advanced artificial intelligence and data processing toolsets to import, consolidate and process data in real-time. Underwriting workbench

  rating software “Following the successful launch of our Underwriting Workbench earlier this year, we have continued to develop our market-leading technology to deliver a solution tailored to the needs of insurers and reinsurers managing large portfolios of delegated business. By automating and speeding up bordereaux and coverholder processes, insurers can now streamline operations and work smarter. And our solution gives them confidence that they have everything they need to carefully monitor and regulate the performance of their delegated arrangements at a time when they are under increased pressure to maintain profitability.” rating software