AI-powered underlying policy analysis to enhance risk assessment and streamline excess business underwriting.
Underwriters handling excess business are at risk of making misinformed decisions due to a lack of comprehensive visibility into the terms and conditions of underlying policies. This gap can lead to coverage discrepancies, increased claims exposure, and costly underwriting errors. As market dynamics shift and regulatory scrutiny tightens, failing to address this challenge now could result in financial losses, legal disputes, and reputational damage.
Our Digital Experts, built on Purple Fabric, ingest underlying policies and identify key terms and conditions, ensuring underwriters are fully aware of the exposures and risks they are assuming.
Reimagine your operations with Purple Fabric. #OpsBeyondLimits
Reimagine your operations with Purple Fabric. #OpsBeyondLimits