Reduce Loss Ratios
Reduce Expense Ratios
How do Planck’s renewal recommendations work?
Upon renewal, Planck’s AI will create up-to-date insights for each business and automatically suggest which policies to renew, which should not be renewed, and which require special attention for pricing updates and upsell opportunities.
What will change with Planck?
As Planck’s AI automatically generates renewal recommendations, underwriters can focus on more strategic tasks.
Frequently asked questions
How frequently can Planck monitor the risk exposure of my in-force portfolio?
Planck’s Cognitiver Business Analytics Platform is highly configurable, and the frequency of updates varies according to client needs. Planck collects and processes data in real time, giving clients the ability to consistently monitor the true risks in their portfolio.
Can Planck work with our underwriting guidelines/eligibility criteria?
Yes, Planck’s AI can process your underwriting guidelines and eligibility criteria, analyze the risk profile of your book of businesses, and compare it to the overall market to identify areas of under/over exposure and opportunities for pricing updates.
Can Planck configure insights to meet our specific needs?
Planck offers hundreds of off-the-shelf data insights, which can be configured to match your business’s specific needs. Planck’s platform is highly configurable, so additional and specific insights for your unique business needs can be added.
How does Planck ensure its data is of high quality?
Planck’s Cognitive Business Analytics Platform collects data from thousands of sources and uses its advanced technology capabilities to create real-time insights and achieve the highest levels of data accuracy in the industry. It continuously validates itself against verified data sets to maintain and improve its accuracy levels.