About Us
We Are Passionate About the Commercial Property and Casualty Business
We are a trusted technology partner and advisor helping insurance organizations transform their underwriting operations with a modern AI-driven digital underwriting platform.
Who We Are
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Founded in 2016 by underwriters, for underwriters
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Purpose-built for commercial insurance, 80% of the U.S. Commercial premium AI trained
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Customers of all sizes, including many of the tier one carriers
At Convr®, we set out to solve
the last big problem of commercial insurance
To underwriters, the challenge to assemble structured and unstructured submission data, access a multitude of first and third party risk data for accurate classification and selection adherence, ask the right questions to ensure suitability, and understand the relative ranking of each risk within its class has continued to defy consistency and frustrate the overall underwriting process.
Solutions to these problems have been hampered by their relatively late placement in IT roadmaps and the associated financial burdens already been borne by earlier system upgrades and replacements – many of which extended well-beyond their budgets and scheduled implementations.
And we solved the problem
Our customers have documented impressive, measurable results after engaging Convr AI and you can too!
Founded by underwriters for underwriters we are:
- An AI underwriting workbench that digitizes and fuses submissions with the best sources of data to surface underwriting insights, business classification and risk scores
- Obsessed with organizing the submission process and all the related data inputs to surface the most relevant and important information about each risk
- Committed to reducing the hours spent gathering submission information and prepping it for analysis
Our customers achieve faster and more complete judgements on risk fitness and pricing in addition to increased submission efficiency and capacity. We truly help to improve the lives of underwriters, producers and customers who, at the end of the day are just trying to deliver and secure the best insurance coverage at the most reasonable rate.
We solve for five problems with data enrichment
Convr Careers
We are committed to ensuring that our team members enjoy full benefits that extend beyond work.
Serving Customers in Commercial Insurance
If you are involved in the commercial insurance business, there is no greater advantage than quickly getting complete and correct data appended to each submission. Every underwriter knows that an accurate view of selection applicability and relative risk quality is the endgame. This is exactly what the Convr platform provides – a UI/API toolset that can be activated standalone or integrated with your current systems.
Benefits to Commercial Insurance Organizations
- Quick time to value, no integration required
- Submission efficiency with AI and transparency
- Thousands of pre-plumbed data sources
Awards, Recognition & Patents
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.
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.
