The business of insurance, which once was stable and predictable, isn’t that way anymore. Growth without sacrificing profitability is challenging, climate change is irrevocably impacting certain risk profiles, distribution needs have become truly omnichannel, and customers expect products tailored just for them.| PwC
Meet the Agentic Decisioning| Indico Data
Problem| Indico Data
A significant portion of a large insurance company’s revenue comes from their underwriting business, which is based on percentage of intake quoted, speed of response, as well as binding conversion rates. With the steadily growing competitive landscape and their focus on providing the highest level of service, the company looked for a solution to help them increase underwriting capacity to increase net premiums written and improve risk profile.| Indico Data
Commercial insurance companies are in a conundrum. Due to the current economic uncertainty they’re generating lots of new insurance submission intake requests, but can’t process them nearly fast enough to capture all the potential new business at their doorstep.| Indico Data
Indico Data elevates insurance AI with out-of-the-box capabilities for global carriers| Indico Data
Achieve compliance and gain competitive advantage with AI to identify patterns, and make informed decisions in real time positions.| Indico Data
Underwriting Clearance and Triage Solution| Indico Data
Automated decisioning is transforming the insurance industry by enhancing underwriting efficiency, accuracy, and adaptability.| Indico Data
Process all data and all use cases across underwriting, claims, and policy servicing Indico Data’s...| Indico Data