In 2022, Convr was recognized by CB Insights as a Market Strength Leader in the category of Underwriting Data Platform—P&C Insurance.
Convr won placement in their top quadrant for execution strength and is considered an overall out-performer in the category.
In 2022, Convr received Service Organizational Control (SOC) 2 Type II designation for the quality of collection, control and safeguarding of customer data and principles such as privacy, security and confidentiality. All values held in accordance with the American Institute of Certified Public Accountants (AICPA).
April 2022: Built In Chicago identified Convr as one of "13 Chicago Tech Companies Redefining the Insurance Industry."
Chicago’s tech companies have a knack for shaking up established industries with new and innovative ideas and solutions. Now insurance technology—or “insurtech” to those in the know—is adding to the list of major areas of disruption thanks to efforts by Convr to streamline and expedite commercial P&C insurance underwriting operations.
February 2022: Built In Chicago named Convr one of “22 Chicago Startups to Watch in 2022.”
Convr was added to a list to watch after receiving a patent for technology underlying the company’s d3 Intake platform, which virtually eliminates manual submission paperwork for commercial P&C insurance underwriters.
In 2020 Novarica included Convr in their Prominent Providers report which covered solutions for unstructured text extraction, classification, and related tools. Convr was recognized for its advanced underwriting tools.
Machine learning (ML) and artificial intelligence (AI) play a large role in the Convr suite of tools that expedite the underwriting process as well as better classify risks.
Convr Awarded "Most Promising Insurance Tech Solutions Provider 2022"
Convr AI is leading the charge—transforming the commercial P&C insurance underwriting experience with straight-through-processing and more complete and accurate data to propel better decisioning. Convr’s technology, innovation and more is why the SaaS company has been selected as a “Most Promising Insurance Tech Solutions Provider 2022,” by CIOReview.
Convr, the leading Artificial Intelligence (AI) company serving commercial insurance organizations provides digitization and deep insights—a formula for end-to-end underwriting excellence. Convr orchestrates a better commercial insurance underwriting experience, whether it’s increasing efficiency by over 130% or achieving more than 90% in the machine reading accuracy of documents or applications.
US Patent No. 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 No. 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.
US Patent No. 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 No. 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.