Validation
Automatically verify and evaluate information provided by an applicant or agent to ensure data accuracy.
Improve submission-to-quote turnover time by automating the submission validation process, allowing underwriters to focus on risk analysis and pricing, rather than hunting for data online.
Improve pricing adequacy with more accurate and complete data. Planck significantly reduces unanswered questions and default answers.
Automate submission processes, optimize internal underwriting resources, and reduce the back-and-forth with agents or business owners.
How it works
How
When the carrier receives a submission, the Planck platform generates a real-time risk profile based on an automated search and analysis of the submitting organization to validate the declared information. The review highlights any inaccuracies so the underwriter can focus on assessing risk rather than manually hunting for data online.
Planck automatically creates the data insights in real time with the most up-to-date and accurate business and risk-related insights.
The data insights provided by Planck are compared to the declared submission data, highlighting any inaccuracies or inconclusiveness that requires additional evidence from the agent or business owner.
SVP of Underwriting
Top US carrier