Underwriting Solution (Intellect Xponent)
The intelligent platform that orchestrates data-driven underwriting, powered by AI and machine learning. It is redefining commercial underwriting through intake, data and underwriting.
Intellect Xponent is an intelligent workbench that utilises our big data and risk analysis frameworks to deliver a workflow orchestration that takes the stress out of the underwriting process.
Xponent provides contextual risk assessment, allows underwriters, brokers and risk specialists to collaborate, and improves data quality on agency submitted proposals to help deliver:
Reduction in combined operating ratios
Reduced time from submission to issue
Increased renewal retention
Reduced underwriting leakage
We value our clients and are committed to provide innovative solutions for all their needs.
- Basic structured data
- Basic workflow (intra underwriter collaboration)
- Integration to any data type (structured, unstructured and streaming)
- Machine Learning
- Sophisticated workflow (underwriter, broker, third-party collaboration)
- Easy integration
With just the input of a company name, Xponent searches across thousands of data sources matching the company, identifying risk indicators with advanced natural language processing, while learning from the underwriter on the best data to use.
Highly configurable workflows to drive efficiency in the underwriting process. Business users can set the authority, manage automated work assignments for better turn around time and improvements.
The insurance industry’s most advanced risk assessment tool that can search, aggregate, analyze and visualize not just the history and facts relevant to a case, but also provide leading indicators of potentially adverse events in the future. This foresight enables you to underwrite with contextual risk analysis.
Combine quotes from multiple lines of business in a single view and do away with repeated data entry. The software pre-fills the data, shortens the time to quote by a huge margin and equips producers to compare various pricing options on the same submission.
Capture, track, store and link documents to corresponding submission or account electronically. Participating parties such as agents/brokers, experts and underwriters can upload documents on account from multiple devices and shared in context to categories. It also comes with ready to use connectors with leading document management systems in the industry.
Xponent provides out-of-the-box operational and performance dashboards which helps you to monitor financial and team performance and assists you in analyzing underwriting leakage. Configurable reporting allows you to generate audit trails, monitor activities on an account as well as measure agency perform.
What our customers say
16 Apr 2019
16 April 2019