The company founded by underwriters for underwriters and formerly called DataCubes is passionate about the commercial property and casualty insurance business.

CHICAGO, April 17, 2024 /PRNewswire-PRWeb/ -- t's hard to believe, but Convr the leading artificial intelligence (AI) company serving commercial insurance organizations is already saying cheers to eight years of serving customers with its modularized underwriting workbench in 2024.

The company founded by underwriters for underwriters in 2016 and formerly called DataCubes is passionate about the commercial property and casualty (P&C) insurance business. Convr's workbench tautes capabilities that include:

• Delivering a full suite of AI-infused commercial insurance tools to support underwriting analysis and decisions.
• Bringing real-time digital footprint data to submissions as they are ingested
• Surfacing critical insights to drive smarter underwriting decisions in-line with existing workflows
• Bringing quick time-to-value with extensive out-of-the-box features

"Convr continues to lead innovation in the AI commercial insurance underwriting space and this milestone showcases our dedication to unlocking even more performance improvements for customers in the coming years," said Convr CEO, John Stammen. "We have an unparalleled passion for our work and we're certain our customers will continue to see benefits well beyond our eighth year in business."

Convr enables four core use cases:

• Intake AI: reads and digitizes submission documents, such as ACORD applications and loss runs, to reduce manual data entry
• Risk 360 AI: provides additional insights on risks from thousands of third-party data sources
• Answers AI: uses AI to classify a business and respond to underwriting questions, saving significant underwriter time while improving consistency and accuracy
• Risk Score AI: enables risk prioritization and selection to better focus downstream underwriting resources

But don't just take our word for it, you can actually test us out with a free demo today to see for yourself. Sign up now to meet with our team to see how Convr's workbench can transform how your underwriting teams perform and positively impact your performance and profitability.

About Convr AI®

Convr is an AI underwriting and intelligent document processing workbench that drives world-class customer experiences. It delivers premium growth, insights and efficiency for commercial P&C insurance organizations of all sizes, including many of the top 10 carriers, MGA's, brokers and reinsurers. To learn more, visit www.convr.com. Follow Convr on Twitter, Instagram, LinkedIn and YouTube.

Media Contact

Alex Williams, Convr, 1 2177372782, alex.williams@convr.com, www.convr.com

View original content:https://www.prweb.com/releases/convr-ai-celebrating-eight-years-in-insurtech-business-302119169.html

SOURCE Convr