Every day we hear insurance underwriters question whether a submission is worth their time. That’s why almost every one of them has a strategy for moving the best prospects to the top of their work list.
The problem is, they don’t really know which submissions are the best. Now they can!
Convr has developed a unique
Submission Selection and Prioritization Score
This will help you bring the best submissions to the top of your to-do’s. Using your existing appetite and business rules, the score is built from findings within our data lake and discovery from the submission intake process documents. With our easily interpretable score, underwriters find satisfaction working on submissions that have the best chance of getting quoted, bound and being profitable. A simple visual ranking of red, yellow and green makes decision-making easier and more consistent across teams.
With Convr’s Submission Selection and Prioritization Score, you can increase confidence and efficiency while pushing off the submissions that may not match your organization’s business requirements or risk appetite.
Convr can help you meet your goals by embedding the right rules and/or data to enhance your submission selection process.
Convr’s Submission Selection and Prioritization Score provides your team with a more reliable methodology for prioritizing incoming submissions in line with preset underwriting rules. The interpretable scores empower your team to grow your book of business faster and more profitably with streamlined decisioning.
Let Convr support the best decisions for your business
You can also utilize our AI-enhanced data and algorithms to optimize your existing proprietary models, data or formulas on a fee basis. Explore your options at convr.com/try-now. Enhance your submission selections and prioritization for immediate efficiency gains.
Convr is a modularized AI underwriting data analysis platform that digitizes and fuses submissions with best sources of information to surface underwriting insights, business classification and risk scores. The platform has revolutionized the industry through data, discovery and decisioning intelligence.
Convr customers include commercial insurance organizations of all sizes, including many of the Top 10 carriers, which use the platform to enable superior performance, optimal efficiency, quality decisioning and world-class customer experiences.