Transform Underwriting and achieve profitable growth with GenAI.

By using efficient underwriting systems, property and casualty(P&C) carriers can streamline the entire process from quote to policy. This can help to reduce paperwork and manual processes, reduce errors and costs associated with incorrect decisions, and provide a better customer experience. Efficient underwriting systems can also help to monitor and analyze risk selection, pricing, and profitability across different markets and customer segments.

Our next-gen automated underwriting system includes:

• Artificial intelligence and advanced pattern matching to automate the process of underwriting which takes a much shorter time compared to the traditional underwriting method.
• A judicious combination of human logic and artificial intelligence/machine learning, robotic process automation, and sensor technology like IoT to augment risk understanding for better decision-making.
• Critical insights from intelligent data-driven analysis based on insurance/loss history and outcome prediction resulting in highly effective closure of new business cases with the best-combined ratio.
• Cognitive workflow automation with AI-based digital business assistants, multi-currency/multi-lingual/multi-channel experience, image recognition, and NLP.