Today, commercial lines insurance carriers are heavily reliant on human knowledge workers to manually read through submissions that come in from brokers to extract and analyze the data points needed to determine if it’s the right business to underwrite. It’s a messy, slow, and tedious process that erodes underwriting productivity and drags down response times.
By using artificial intelligence, you can complete a significant portion of the commercial lines submission intake, clearance and registration process before a submission ever reaches a human underwriter.
Download your copy of our guide to learn how carriers can harness the power of AI, natural language processing, and machine learning to automate submission intake, reduce underwriting leakage, and write more business faster than the competition.
In this guide, we discuss how AI-powered submission intake can help carriers: