August 27, 2019
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DataCubes and St. Joseph University Forge Research Collaboration

AI & machine learning research & academic partnership with St Joseph University Maguire Academy of Risk and Insurance Management - Haub School of Business to advance AI

CHICAGO (Aug. 27, 2019) - DataCubes, the leading decision automation platform that helps commercial P&C insurance carriers automate intelligence gathering, discover important underwriting insights and make better underwriting decisions in near real-time, today announced a collaborative partnership with St. Joseph University, one of the top insurance schools in the country.

Through the relationship, DataCubes and St. Joseph University’s Risk Management and Insurance program will collaborate to design, implement and monitor a mutually beneficial research program. The program, which aims to build on existing insights and broaden research in the field of AI and machine learning, will initially focus on bringing DataCubes’ technology to the classroom.

DataCubes’ d3 Underwriting™ platform, which uses AI and machine learning to help commercial insurance carriers optimize and automate the underwriting decision process, will be integrated into the students’ curriculum. DataCubes will help facilitate research projects, offering guidance and mentorship, best practices on innovation, as well as internships to St. Joseph’s Risk and Insurance Management students. The partners will also collaborate on the university’s annual insurtech symposium.

“St. Joseph University’s Risk Management and Insurance program consistently ranks in the top five undergraduate insurance programs in the country and we are thrilled to be sharing expertise and working with some of the best scientific minds in the country,” said Harish Neelamana, DataCubes co-founder and chief product officer. “The research we do together will have the potential to influence the evolution of the entire industry!”
“This immersive program will nurture talent, ideas and discoveries,” said Michael Angelina, executive director of the Academy of Risk Management and Insurance at Saint Joseph’s University. “We look forward to working with DataCubes on our vision to bridge academia and business with the goal of developing talent and advancing the insurance industry.”

The mission of the Maguire Academy of Insurance and Risk Management is to promote and support the concept of risk management and insurance education; to provide services to risk management and insurance students, including scholarship aid, recruiting, internships/cooperative education, counseling and placement; and, with and through the University, to support the Department of Finance, which houses the risk management and insurance program.

About DataCubes

Headquartered in Schaumburg, Illinois, and founded in 2016 by Kuldeep Malik and Harish Neelamana, DataCubes is the first decision automation platform for commercial P&C underwriting. The company has revolutionized the commercial underwriting process with cutting-edge AI and data science. Commercial carriers of all sizes use DataCubes to make real-time underwriting decisions based on rich data and highly accurate intelligence gathered by external sources to improve productivity, profitability, efficiency and accuracy. To learn more, visit datacubes.com.

About Maguire Academy of Insurance and Risk Management

Created by James Maguire ’58, founder of Philadelphia Insurance Company, the mission of the Maguire Academy of Insurance and Risk Management is to promote and support the concept of risk management and insurance education; to provide services to risk management and insurance students, including scholarship aid, recruiting, internships/cooperative education, counseling and placement; and, with and through the University, to support the Department of Finance, which houses the risk management and insurance program.

 The Underwriting Eco-system

About Convr

Convr is a modular AI underwriting, data and intelligent document automation workbench grounded in the only P&C-specific Risk Context Engine that delivers consistent, traceable, verifiable risk data, in-line. The result: full lifecycle visibility from submission to renewal, better risk selection, faster decisions, and more profitable accounts across rate, quote, bind workflows.

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"LUBA is exactly the kind of specialty carrier the industry should be watching – they’re disciplined, focused, and serious about combining deep expertise with the right technology," said John Stammen, Chief Executive Officer at Convr. "We're proud to partner with LUBA's team and to bring the Risk Context Engine to bear on workers' compensation underwriting across the Gulf South. This is what AI in insurance is supposed to look like: grounded, explainable, and built to make great underwriters even better."

Sapiens Integration
Through the relationship with LUBA, Convr is now also integrated with Sapiens International Corporation, a global leader of AI-centric, SaaS-based insurance software. The connection is designed to give mutual carrier customers a seamless path from submission intake through underwriting decision, powered by Convr's AI and enrichment capabilities and delivered within the Sapiens ecosystem.

Availability
The Convr AI Underwriting Workbench is live and in deployment with LUBA Workers’ Comp. Carriers, MGAs, and program administrators interested in learning more about Convr's platform can visit convr.com or contact a Convr representative.

Media Contacts
Convr
Alex Williams
Senior Promotions Manager
alex.williams@convr.com
217-737-2782

LUBA Workers’ Comp
Jennifer Vaccaro
Vice President, Communications & Public Relations Manager
jvaccaro@lubawc.com
225-389-5822

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That grounding matters. AI-driven rating is only as reliable as the data it uses to reason. d3 Desk's outputs are explainable, traceable, and consistent with  the underwriting guidelines a carrier has built into the platform.

Bindthrough any partner System

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Media Contact:
Alex Williams
Senior Promotions Manager
alex.williams@convr.com

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