Foresight Gains Strategic Advantage Through Convr’s Underwriting AI Platform
"Convr stood out as the superior partner to power our proactive approach to workers compensation insurance," said
"Foresight has a tremendous advantage in being a new MGA with a market niche already defined, they are now able to start their business using underwriting best practices built into the Convr platform from across the industry," said
Convr's platform supports all core commercial lines of business and classes. All parts of the platform are available via white-labeled portal and/or API. The platform is segmented into four products:
- d3 Intake™ reads and digitizes submission paperwork, such as ACORD applications and loss runs, to reduce manual data entry
- d3 Risk 360™ provides additional insights on risks from thousands of third party data sources
- d3 Answers™ uses AI to respond to underwriting questions, saving significant underwriter time while improving consistency and accuracy
- d3 Risk Score™ enables risk selection and prioritization to better focus downstream underwriting resources
About Convr
Headquartered in
About Foresight
Foresight insures hard-to-place clients with the first technology-based workers' compensation program. Foresight commercial insurance plans contribute to improved safety and lowered rates through increased safety engagement. Using instant pricing indications, a digital submission process, and easy claims management and reporting, Foresight provides unrivaled value for brokers and their hard to place clients. Learn more at getforesight.com and follow Foresight on LinkedIn.
Media Contact:
[email protected]
View original content to download multimedia:http://www.prnewswire.com/news-releases/foresight-gains-strategic-advantage-through-convrs-underwriting-ai-platform-301097074.html
SOURCE Convr
Triton Benefits & HR Solutions Announces Online Marketplace to Compare and Purchase Group Health Insurance
TrüNorth Global™ Continues to Lead in Canadian Markets
Advisor News
- Benefit Costs Squeeze Schools, Driving Cuts, Tax Hikes And Difficult Tradeoffs
- Why client insurance needs could change even if their life doesn’t
- Most Gen Z investors think less than a year ahead when making financial decisions
- IRI pitches retirement agenda to Jeffries as democrats shape affordability platform
- Help child-free clients plan for their later years
More Advisor NewsAnnuity News
- Guidance, bulletin or reg? NAIC debates form of annuity illustration update
- Nationwide adds mutual fund-linked strategy to New Heights Select FIA
- NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
- NAIC working group pressed to accelerate annuity illustration overhaul
- State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
More Annuity NewsHealth/Employee Benefits News
Life Insurance News