We're AASCIF bound -- look for our CEO, John Stammen at the American Association of State Compensation Insurance Funds event in Providence, RI next week. He'll be there talking about Convr's full suite of AI-infused commercial insurance tools that can support your underwriting operations. #ai #ml #data #datalake
Convr
Software Development
Schaumburg, IL 4,792 followers
Convr is the leading AI underwriting workbench.
About us
Convr AI transforms the commercial insurance business with a modular, end-to-end underwriting management workbench powered by a patented-AI decisioning engine. In support of 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 10 carriers, trust Convr to help them transform their underwriting experience with straight-through processing and more comprehensive data. Convr’s Underwriting Command Center 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, and Decision Science
Locations
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Primary
Get directions
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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The primary challenges facing commercial insurance underwriting today stem from the reliance on outdated legacy systems and manual processes, which adhere to human-centric frameworks. Consequently, this has led to a lack of data quality, and efficiency. But Convr's solutions contribute to embracing data-driven decision-making, improved customer engagement, and operational optimization. Learn about our many capabilities at convr.com. #ai #ml #data #insurance #datalake #underwriting
Data, Discovery, Decisioning
https://convr.com
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By providing a company name and address only, Convr AI surfaces risk insights in near real-time improving underwriting productivity by 10x, reducing combined ratios by up to 2%, reducing underwriting questions by 70%, and improving producer/carrier, and customer experience. Book time with our team today! https://lnkd.in/gCHXswTg
meetings.hubspot.com
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Next generation commercial underwriting has arrived with Convr. Using Convr AI, many of the top 20 carriers, MGA's, brokers and reinsurers are increasing their underwriting productivity, reducing their loss ratio and creating world class customer experiences. Learn more about what we do and our many capabilities at convr.com. #ai #ml #data #datalake
Data, Discovery, Decisioning
https://convr.com
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We're happy to announce a new team member has been added to #TeamConvr. Dave DiLoreto joins our Engineering Team as a Senior Frontend Engineer. Help us welcome him to the team. Welcome aboard, Dave! #team #remote #SaaS #ai #ml #datalake
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Convr is an AI underwriting, data 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 20 carriers, MGA's, brokers and reinsurers. Convr is revolutionizing the industry through data, discovery and decisioning intelligence. #ai #ml #data #datalake
Data, Discovery, Decisioning
https://convr.com
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With a rich underlying data lake, time-tested data pipeline with data orchestration, and data currency with pre-plumbed, continuous updates, Convr AI sits on a rock-solid foundation that is unrivaled in the commercial insurance space. Artificial intelligence is integrated into everything we do. It informs our customers’ submission selection and prioritization, risk quantification, and relativity assessments leading to improved decision-making. Explore more here in this video. #ai #ml #data #datalake
Convr Data Science
https://www.youtube.com/
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Convr is expanding its offerings to companies that offer Excess and Surplus (E&S) and Specialty Lines insurance. As the market has shifted along with the increase of exposures, risks and values, we've developed new supportive resources and capabilities to help underwriters prioritize and expedite submissions with greater confidence—including a massive data lake with data cards configured specifically for E&S insurer needs to quote with confidence. Read more in our latest news release. #ai #ml #data #datalake
Convr AI® Extends Offerings to E&S and Specialty Lines
https://convr.com