About Us

We are passionate about the commercial property and casualty business

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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
  • Founded in 2016 by underwriters, for underwriters

  • Purpose-built for commercial insurance, 80% of the U.S. Commercial premium AI trained

  • Customers of all sizes, including many of the tier one carriers

Vision

Transform the insurance industry through data, discovery and decisioning ​

Solution

Modularized AI underwriting and intelligent document automation P&C workbench

At Convr®, we set out to solve

the last big problem of commercial insurance

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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.

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We solve for five problems with data enrichment

Efficient Submission Intake

Identify Correct Business Classification

Gather Correct Business Information

Identify Submission Q&A

Evaluate Risk Quality & Score

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​

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Convr Identified as 2022 leader in Market strength for Underwriting Data Platform - P&C Insurance

Top Quadrant for Execution Strength
Overall Out-performer in the Category

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Soc 2 Type II Certified for Controls Relevant to Security

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April 2022: Built In Chicago

Built In Chicago identified Convr as one of "13 Chicago Tech Companies Redefining the Insurance Industry."

US Patent# 11,049,042​

The United States Patent and Trademark Office has issued U.S. Patent No. 11,049,042 relating to technology underlying Convr’s Intake AI™ platform.​

US Patent# 11,270,213

The United States Patent and Trademark Office has issued U.S. Patent No. 11,270,213 relating to technology underlying Convr’s Risk 360 AI™ platform.

US Patent# 11,580,459

The United States Patent and Trademark Office has issued U.S. Patent No. 11,580,459 relating to technology underlying Convr’s Intake AI™ platform.

US Patent# 11,734,579

The United States Patent and Trademark Office has issued U.S. Patent No. 11,734,579 relating to technology underlying Convr’s Risk 360 AI platform.

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.

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