Submissions

Submissions

Submissions

Validation

Automatically verify and evaluate information provided by an applicant or agent to ensure data accuracy.

Best and fastest quotes

Best and fastest quotes

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.

Reduce loss ratios

Reduce loss ratios

Improve pricing adequacy with more accurate and complete data. Planck significantly reduces unanswered questions and default answers.

Reduce expense ratios

Reduce expense ratios

Automate submission processes, optimize internal underwriting resources, and reduce the back-and-forth with agents or business owners.

How it works

How

submission validation works?

submission validation works?

submission validation works?

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.

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Submission is received by the carrier

Submission is received by the carrier

Planck creates Insights

Planck creates Insights

Planck automatically creates the data insights in real time with the most up-to-date and accurate business and risk-related insights.

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Comparing to submission data

Comparing to submission data

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.

How it works

What will change

with Planck?

Underwriters no longer need to spend time searching for pieces of information and verifying submitted data. As a single source of truth, Planck provides underwriters with a complete and organized profile of a business’s services, physical locations, surroundings, and other associated risks.

Increase GWP

0.5

per streamlined application question automated or eliminated

Enhanced accuracy by

300%

Loss Ratios decreased by:

1–3%

Improved Expense Ratios by

10-20%

New Quote in

Minutes

Increase Submission-to-Quote Conversion by

15%

How it works

What will change

with Planck?

Underwriters no longer need to spend time searching for pieces of information and verifying submitted data. As a single source of truth, Planck provides underwriters with a complete and organized profile of a business’s services, physical locations, surroundings, and other associated risks.

Increase GWP

0.5

per streamlined application question automated or eliminated

Enhanced accuracy by

300%

Loss Ratios decreased by:

1–3%

Improved Expense Ratios by

10-20%

New Quote in

Minutes

Increase Submission-to-Quote Conversion by

15%

How it works

What will change

with Planck?

Underwriters no longer need to spend time searching for pieces of information and verifying submitted data. As a single source of truth, Planck provides underwriters with a complete and organized profile of a business’s services, physical locations, surroundings, and other associated risks.

Increase GWP

0.5

per streamlined application question automated or eliminated

Enhanced accuracy by

300%

Loss Ratios decreased by:

1–3%

Improved Expense Ratios by

10-20%

New Quote in

Minutes

Increase Submission-to-Quote Conversion by

15%

“Quality data is the key for all of it. Planck’s data met our high standards, so we can run a proof of concept and assess the positive impact of better data in real time.”

“Quality data is the key for all of it. Planck’s data met our high standards, so we can run a proof of concept and assess the positive impact of better data in real time.”

SVP of Underwriting

Top US carrier

How it works

Get to know

Frequently

Frequently

asked

questions

If you have additional questions, we're excited to help you.

Can Planck configure insights to meet my specific needs?

Can Planck configure insights to meet my specific needs?

What does Planck’s coverage rate look like?

What does Planck’s coverage rate look like?

What is the completion rate for the validation of a submission form, on average?

What is the completion rate for the validation of a submission form, on average?

How does Planck ensure its data is of high quality?

How does Planck ensure its data is of high quality?

Join us

Join the GenAI revolution

today

The most trusted name in AI-enhanced underwriting is transforming commercial insurance with generative AI.

Join us

Join the GenAI revolution

today

The most trusted name in AI-enhanced underwriting is transforming commercial insurance with generative AI.

Join us

Join the GenAI revolution

today

The most trusted name in AI-enhanced underwriting is transforming commercial insurance with generative AI.