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Empowering Decision-Makers with Insurity Analytics

Drive Growth and Profitability

Insurity Analytics offers a cloud-native, open data analytics platform specifically designed for the Property and Casualty (P&C) insurance industry. By leveraging a proprietary Data Hub that taps into the $109 billion premium Valen Data Consortium, Insurity Analytics empowers decision-makers with data-driven insights delivered in a timely and contextually relevant manner. This capability enables P&C insurers to drive growth and profitability by making informed decisions based on predictive analytics.

Industry-Leading Results

Insurity Analytics has consistently delivered exceptional results to its customers, with a track record of achieving 3 times the industry average growth rate over the past 5 years. Additionally, customers have experienced significant improvements in profitability, with 3-10% better loss ratios and 5% decreases in claims costs compared to industry averages. This demonstrates the tangible impact that Insurity Analytics can have on driving growth and optimizing operational efficiency for P&C insurers.

Enhanced Speed and Insight

By leveraging robust geospatial analytics, AI-powered predictive models, and access to the industry's largest network of open data providers, Insurity Analytics enables P&C insurers to achieve a 25-40% faster speed to quote. This not only accelerates decision-making processes but also allows insurers to gain valuable insights more quickly, leading to improved customer service, competitive advantage, and overall operational efficiency.

Empowering Underwriters

Insurity Analytics empowers underwriters within P&C insurance companies to make data-driven decisions that are crucial to driving competitiveness, enhancing profitability, and fostering a data-first culture. Leading insurers such as Frank Winston Crum Insurance, Markel, UBIC, and LUBA Casualty have benefited from Insurity Analytics by leveraging faster and stronger underwriting decisions to stay ahead in the market and improve risk selection and portfolio performance.

Innovative AI-Driven Insights

Insurity Analytics is powered by AI-driven insights that enable P&C carriers to forecast the future and react in real-time to changing market conditions. By leveraging predictive models and advanced analytics capabilities, insurers can make informed decisions, identify emerging trends, and proactively manage risks. This innovative approach allows insurers to stay agile, competitive, and well-positioned to capitalize on new opportunities in the dynamic P&C insurance landscape.

Comprehensive Features

Key components of Insurity Analytics include 'Insurity Predict', which provides immediate, data-driven insights for quoting and renewing business using predictive models. The platform also includes a 'Data Hub', the foundation of Insurity Analytics, powered by Snowflake, which integrates data from over 50 third-party data sources. This extensive data network, including partners like Valen Analytics, SpatialKey, Maprisk, and DataHouse, ensures that insurers have access to a wealth of information to make well-informed decisions and drive business growth.

Empowering Commercial Lines Carriers with Insurity's Policy Administration Solutions

Streamline Compliance with Insurity's Policy Platform

Insurity offers carriers a cloud-first policy platform that enables efficient management of the end-to-end policy administration process for core bureau lines. With Circ, their industry-leading regulatory offering, carriers receive immediate support for 12 bureau-supported lines of business in all states. This pre-packaged core system allows companies to streamline compliance and ensure regulatory adherence.

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Insurity's Commitment to Ethical Business Practices and Modern Slavery Prevention

Our Commitment to Combat Modern Slavery

Insurity, as a leading provider in the software industry, is dedicated to upholding the highest ethical standards and preventing modern slavery and human trafficking within our operations and supply chain. We understand the gravity of these issues in our society and are unwavering in our commitment to combatting them. By adhering to the Modern Slavery Act 2015 and local laws, we ensure that no form of slavery is present in our business or supply chains.

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Ensuring Data Security with Insurity's Vulnerability Disclosure Policy

Commitment to Security Standards

Insurity takes the security of customer data seriously and is dedicated to maintaining high security standards to protect this valuable information. By partnering with clients to secure corporate systems and applications, Insurity ensures that sensitive data remains safeguarded at all times.

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Transforming Claims Processing for Third-Party Administrators with Insurity

Empowering Third-Party Administrators with Insurity Software

Insurity offers a configurable, cloud-native software solution tailored to the needs of Third-Party Administrators (TPAs). By leveraging Insurity's technology, TPAs can effectively streamline the entire claims process, leading to improved efficiency and customer satisfaction. The software enables TPAs to automate routine tasks, reducing manual intervention and allowing for quicker claims resolution. This automation not only helps in handling claims faster but also ensures accuracy and consistency in the process.

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Revolutionize Customer Engagement with Insurity AI Assistant

Enhanced Customer Experience

Insurity AI Assistant offers a cloud-native, AI-powered solution tailored specifically for P&C insurance, revolutionizing the traditional policyholder experience. With 24/7 availability, policyholders can access assistance anytime, anywhere, through their preferred communication channel. This eliminates customer wait times and enhances satisfaction by providing immediate support.

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