Convr

Convr

Software Development

Schaumburg, IL 4,914 followers

Convr is a modularized AI underwriting data and intelligent document automation workbench.

About us

Convr is an AI underwriting, data, and intelligent document processing workbench. We're transforming the commercial insurance business with our modular, end-to-end underwriting AI decisioning engine that supports each insurer’s precise underwriting objectives, Convr captures the complete digital profile of a business leading to unprecedented precision in underwriting decision-making. The highly intuitive platform delivers insights and recommendations, including Convr Answers AI that allows users to expand detailed risk information with their own additional questions to make better decisions. With its modular design, Convr supports specific business use cases at each process and digitization stage of development. Convr AI has perfected how commercial insurance businesses access, analyze, and interpret risk data with its single, comprehensive, easy-to-use AI platform built specifically for commercial insurance. Convr AI helps underwriters navigate vast amounts of data, uncover opportunities, and enable automations to support the best user experience while increasing written premiums and improving underwriting profitability. Commercial insurance organizations including three of top 20 carriers, trust Convr to help them transform their underwriting experience with straight-through processing and more comprehensive data. Convr’s Underwriting Workbench brings together data, discovery, and decisioning intelligence through its patented AI engine to reduce application questions by over 70% and increase underwriting productivity by up to 10x

Website
https://www.convr.com/
Industry
Software Development
Company size
51-200 employees
Headquarters
Schaumburg, IL
Type
Privately Held
Founded
2016
Specialties
Insurtech, Commercial P&C, Machine Learning, Commercial Underwriting, AI, Artificial Intelligence, Decision Science, ML, SaaS, Remote, Hybrid, Insurance, Data, and Data Science

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Funding

Convr 3 total rounds

Last Round

Series B

US$ 15.2M

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