What does Convr do for MGA’s/MGU’s? We eliminate manual submission processing by digitally ingesting, preparing and analyzing underwriting documents. For every submission that flows through their business, Convr extracts key data points and augments the information with third-party data to broaden and deepen the risk profile. By automating and digitizing the insurance application process, their underwriting team is quoting faster, with more confidence, enhanced application data and achieving more nuanced insights. Learn more at convr.com.
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
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https://www.convr.com/
External link for Convr
- 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
Locations
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Primary
Schaumburg, IL 60173, US
Employees at Convr
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Juergen Mueller
Efficient Business Advisor, GTM advice
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Fanette Singer
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Chris DiGiuseppe
Business Development Executive at CONVR --- Convr is an AI underwriting and intelligent document processing platform that provides underwriting…
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Lorraine Mascino
Business Development Executive at Convr
Updates
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Looking for a career move that offers challenge, growth, and the chance to make a real impact? Convr is seeking experienced SaaS and insurtech pros who want to be part of something special. We offer competitive compensation, a collaborative culture, and the opportunity to work on cutting-edge technology that's transforming the insurance industry. Think you or someone you know might be a good fit? Review our open roles and submit your resume on our careers page. #remote #hybrid #saas #datalake
Careers
https://convr.com
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Convr has been selected to join the Cognizant experience at ITC Vegas 2024. Convr’s AI Underwriting Workbench will be featured with the Cognizant Autonomous Agent: Underwriting Intake Optimizer on Tuesday, October 15 at 1 p.m. at the Mandalay Bay, Conference Room - L. Pre-registration is strongly suggested, as seating is limited. #ai #ml #data #datalake
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We're just weeks away from ITC Vegas -- are you going to be there too? If so, let us know in the comments if you'd like to meet with us in our purple booth #3150 for a chance to experience a personalized Convr demo. We'd love to share how the Convr AI underwriting workbench enriches and expedites underwriting for commercial and E&S and specialty lines insurers. #ai #ml #data #datalake
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Convr AI is achieving straight-through processing for Lucid Insurance bringing the organization greater speed, accuracy and efficiency in their underwriting operations by utilizing its Intake AI product. Read about their latest accomplishments here in our latest blog post. #ai #ml #data #datalake
Lucid Insurance Group Achieves Straight-through Processing with Convr AI
https://convr.com
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AM Best TV interviewed Convr CEO John S. at National Association of Mutual Insurance Companies (NAMIC) last week. He shared insights on the value of AI underwriting and operations and how Convr AI can streamline submission to quote by reducing data entry, research and aggregation tasks to provide a better customer experience. Take a listen and hear how agents and others are winning new business with Convr AI. #ai #ml #data #datalake . . . https://lnkd.in/gFbF6CEG
Convr's Stammen: Insurance Underwriters See a Productivity Boost With AI Integration
ambest.com
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Penn National Insurance is transforming their underwriting process with digital tools such as Convr's AI. Read about how they're gaining valuable insights here in this case study. #ai #ml #data #datalake
Penn National Insurance Case Study
https://convr.com
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What's your ROI? Convr has a new and improved ROI calculator - just plug and play and you can review an estimate of the return on investment you could realize with Convr AI's underwriting workbench. Read about it here in our latest news release. #ai #ml #data #datalake
Calculate What Convr AI® Can Do for You with the New ROI Calculator
https://convr.com
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Convr is leading the charge -- transforming commercial P&C and E&S Speciality Lines insurance underwriting with straight-through processing and more complete data to propel better decisioning. Discover what Convr can do for you today at convr.com. #ai #ml #data #datalake
Data, Discovery, Decisioning
https://convr.com
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Convr’s artificial intelligence powered workbench is making underwriting easier and more accurate – increasing decision-making confidence for underwriting teams. Read about our AI underwriting, data, and intelligent document processing workbench here and how it can help underwriting teams by better organizing submissions here in our latest blog post. #ai #ml #data #datalake
Organizing Efficient Submissions
https://convr.com