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Submission Validation Success Story

Fortune 500 carrier uses Planck’s proprietary AI to increase underwriting efficiency for faster submission-to-quote and higher conversion rates. Summary: Carrier’s existing intake process takes too long to effectively respond to submissions Planck’s proprietary AI filters submissions based on carrier risk coverage preferences and machine modeling insights Easily integrated system automatically prioritizes submissions likely to bind …

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Underwriting

Let underwriters focus on high potential submissions and expedite time-to-quote by automating manual tasks With just a business name and address, you can create relevant underwriting insights in real time, with unprecedented accuracy and coverage. With a search engine designed specifically for commercial insurance, you can instantly mine billions of data points, including images, texts, …

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Submission

Are your processing times costing you written business? Streamline your submission process and improve agent and customer experience with two-question quoting.   Boost your submission-to-quote rates: Minimize time spent filling submission forms while ensuring complete and accurate data intake up front, and avoid the agent/underwriter back-and-forth Increase submissions volume: Establish yourself as a carrier of choice …

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Policy Monitoring

Maintain a complete, real-time view of the risk in your books Keep track of written businesses by generating up-to-date insights on a predefined schedule—without contacting your customers for additional information. Verify business eligibility and follow exposure changes to maximize profitability.  Update, enrich and maintain portfolio data: Stay on top of changes and identify new opportunities …

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Renewals

Real-time risk data for more informed renewal strategies Automatically monitor all your existing customers’ policies and quickly detect any changes and new risks during the renewal process. Use AI and machine learning to create up-to-date insights for each business and know which policies to renew, which should not be renewed, and which require special attention …

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Growth

Finding leads is easy.  Identifying prospects is harder. Instantly evaluate billions of data points and apply proven machine-learning algorithms to produce custom business insights that drive your growth strategy. Generate eligible leads: Create lookalike markets that meet your risk appetite and match your preferred businesses Expand your book of business and GWP: Discover qualified leads …

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