Commercial Insurance Underwriting

on Steroids

Made possible by AI and human-in-the-loop

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What is your mission?

Commercial Insurance Efficiency​Solutions/Platform
Data Lake/Data Science Usage
Technology
Innovation
Business
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Careers

Convr is a modularized AI underwriting and intelligent document automation workbench that enriches and expedites the commercial insurance new business and renewal submission flow with underwriting insights, business classification and risk scoring.

convr leadership

At Convr AI, we are passionate about the commercial property and casualty (P&C) insurance business. As a trusted technology partner and advisor with deep industry expertise, we help insurance organizations transform their underwriting operations through our AI-driven digital underwriting analysis platform.​

We have set out to solve the last big problem of commercial insurance while improving profitability and increasing efficiency.

Benefits experienced by our customers

What matters most to you?

Profitability

Expand capacity, gain competitive advantage and grow revenue with embedded business rules, better access to relevant data and improved decisioning.

Price Adequacy

Identify more or less risky submissions and segments in the specified population so pricing is more aligned with relative exposure.

Productivity

Prioritize submissions to rapidly narrow risks within appetite and deep dive on selected risks.

Customer Experience

Reduce data gathering touchpoints and the time associated with record retrieval and validation for applicants.

Loss Avoidance

Calibrate individual risks and predict those most likely to experience a loss in the coming year.

Underwriting Efficiency

Drive efficient submission intake, prioritization, underwriting analysis and decisioning with a full-suite of AI-infused commercial insurance tools.

Speed to Quote

Increase quote-ratios and new business by accelerating the underwriting process from intake to data collection to identifying the right submission questions and answers.

Underwriting Experience

Streamline the underwriters’ work experience with more complete and accurate data, clearer insights and heightened decision confidence.

Success Stories

0XImprovement in underwriting productivity
0%Combined ratio reduction
0%Reduction in application questions
0%Increased efficiency
selective insurance

“Reduced time-consuming manual processes, enhance risk selection and significantly improve productivity.”

Senior Vice President, Chief Underwriting Officer, Commercial Lines 
columbia insurance

“Increases the speed and accuracy of our data collection, thereby improving our risk selection while freeing up our team to build stronger customer relationships.”

Chief Underwriting Officer
encova insurance

“Provides a competitive advantage as it will enable us to improve the speed and quality of our underwriting decision-making based on the digital footprint of the businesses we serve.”

Commercial Lines Chief Underwriting Officer
penn national

"Enables our underwriting team to quickly identify underwriting risk characteristics and to systematically collate relevant underwriting data from various sources to improve business agility and the decision-making process.”

Vice President, Commercial Lines
hiscox

"Our partnership with Convr means we can more accurately assess a business’s individual needs, and tailor quotes to suit them precisely.”

Senior Vice President of Strategy
foresight

“A superior partner to power our proactive approach to workers compensation insurance. Now we are empowered to run a well-informed, AI-driven underwriting process that is optimized with the latest technology from Day One.”

Chief Insurance Officer
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