Whether it’s using analytics to place risks with the right carrier, prioritize submissions, or enable growth strategies, Convr’s solutions put data-driven insights within easy reach of producers.
Convr can support Producers across their strategic objectives
Broker / Customer experience
|Pre-fill insurance application, go beyond basic firm-o-graphics; apply AI to continually improve customer experience||Provide brokers with proprietary / branded risk profile that helps improve their understanding of risks (differentiate broker offering)||Provide brokers with flexibility to upload pre-filled applications, loss history vs. filling forms||Apply ML to configure scores based on carrier’s appetite / experience; target risks with higher likelihood to be profitable|
New markets / segments
|Refine distribution strategy; apply insights from continually updating data lake (extended for Canada)||Apply ML to prioritize submissions; eliminate wasted effort on declinations, out-of-appetite submissions|
Benefits Experienced By Our Customers
What matters most to you?
Expand capacity and grow revenue with embedded business rules, better access to relevant data and improved decisioning.
Identify the submissions and segments that are riskier or less risky in the specified population so pricing is more aligned with relative exposure.
Prioritize submissions to rapidly narrow risks within appetite and deep dive on selected risks.
Reduce data gathering touchpoints and the time associated with record retrieval and validation for applicants.
Calibrate individual risks and predict those most likely to experience a loss in the coming year.
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.
Quality Underwriting Experience
Streamline the underwriters’ work experience with more complete and accurate data, clearer insights and heightened decision confidence.