AI Dominates the Working World: Are You In?

Some of America’s fastest-growing job titles are signaling the adoption of artificial intelligence (AI) according to a new 2025 study by LinkedIn that follows jobs on the rise.

While professionals are navigating rapid change across many industries, they are finding it difficult to stay ahead of the curve specific to AI.
 

Applying AI on the job is just one space they are struggling with. But AI and machine learning do not have to be a hill to climb. In fact, products and services offered through Convr’s AI Underwriting Workbench are easy to adopt and implement and the AI is already built-in.

More and more commercial property and casualty insurance carriers and providers are turning to Convr AI to streamline their underwriting operations.

And as it turns out there are two big areas of focus for commercial insurance organizations that Convr AI can help with, including: risk assessment and policy issuance.

Data Quality and Analytics:  

• Incomplete or inaccurate data from applicants can result in flawed risk assessments. 

• While advanced analytics and machine learning provide tools for risk evaluation, underwriters must navigate challenges such as bias in algorithms and data silos. 

 Technological Integration:

• Insurers must integrate advanced technologies like AI and predictive modeling to streamline underwriting, which requires investment and expertise. 

Insurance underwriting teams need to adopt strategies to overcome challenges related to data quality, analytics, and technological integration.

And Convr can be key. Our Risk 360 AI data lake delivers unrivaled insights from machine learning models that synthesize a vast array of information. The data lake also delivers a comprehensive view of the submission based on underwriting appetite.

The Convr data lake enables superior underwriting decision-making and a more efficient process.

Here is what we bring to the table: 

Better-informed Underwriting Decisions: 

• Increased productivity and effectiveness with data/data driven decisions 

• Enriched risk data from 2,600+ sources 

 Comprehensive View: 

• A unified view of a business’s digital footprint—for better informed underwriting – eliminating the need for toggling between sources 

 Dynamic Data Updates 

• Continuous tracking identifies changes in exposures 

In addition, the Convr Risk 360 AI data lake empowers customers to bring their own data (BYOD) and can actually retain and reuse application data.

How Risk 360 AI Works  

Risk 360 AI requires only a business name and address to streamline submission research and enhance applicant data with the power of AI. Data cards with submission details are then generated through AI features and machine learning models (MLM) derived from Convr’s data lake which regularly streams fresh data from thousands of public and private data sources with more than 85 million businesses and nearly 785 million entities.  

Sources of data, DBA’s, business classification codes, business profiles and more are automatically embedded within an underwriting file that includes a snapshot of the submission details enhancing account communications, pricing reviews, audits,  claims management and re-insurance submissions.

So just this one Convr resource alone would be more than enough to bring significantly improved focus and efficiency to your underwriting team, getting them on track to do business in an easier way that will in turn speed up submission-to-quote and improve your customer experience—saving time and money.

But Convr does not stop with just Risk 360 AI. There are other services within our full suite of modularized products that inter-operate to best meet your needs. Read how we can flex to best solve your challenges here on our Convr AI Underwriting Workbench page: https://convr.com/workbench/.  

Or sign up now to meet with our team to see how Convr’s Risk 360 AI can transform the work of your underwriting teams and positively impact your performance and profitability.