Commercial Insurance Underwriting

Made Possible by AI and Human-in-the-loop

Workbench

What is Your Mission?

Convr is a modularized AI underwriting, data, and intelligent document processing workbench that enriches and expedites commercial insurance with the best data, underwriting insights, business classification and risk scoring.

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 workbench.

Convr AI's Underwriting Workbench brings together data, discovery, decision intelligence (DATA. DISCOVERY. DECISION.) through its patented machine-learning algorithm engine.

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

About Us

Benefits Experienced by Our Customers

What Matters Most to You?

Solutions

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

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

Senior Vice President, Chief Underwriting Officer, Commercial Lines

“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

“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

"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

"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

“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

Partnerships

With a broad array of partners, the Convr AI underwriting platform fuses submissions with the best sources of data. Partnerships enable our customers to benefit from end-to-end underwriting efficiencies, insights, accurate business classification, and high impact risk scores.