Business function
Assessing and pricing risk before a policy or facility is written.
28 organizations in 12 countries run these use cases in public. 57% of those 28 deployments disclose a measurable outcome.
An AI agent that gathers a corporate borrower's documents and data, spreads the financials into the bank's template, calculates ratios and covenant headroom, pulls bureau and news information, and drafts a committee ready credit memo in which every figure links to its source, for the relationship and credit teams to challenge, complete and sign.
An underwriting engine that assesses a small business's repayment capacity from live bank transactions, point of sale and payment flows, receivables and accounting data instead of audited accounts, and returns a decision recommendation with the evidence and reasons behind it.
A copilot that assembles everything relevant to a risk (the submission, loss history, internal guidelines, third party data and public information), highlights exposures and gaps against the insurer's underwriting guidelines and drafts the underwriting narrative or referral note, while the underwriter makes and signs every decision.
A machine learning credit model that adds consumer permissioned alternative data, such as bank account cash flow, rent, utility and telco payments or ecosystem data, to credit bureau data, so a lender can assess applicants with thin or no credit files and return a decision with specific reasons.
AI that reads incoming broker submissions for commercial insurance (emails, applications, schedules of values, loss runs and supplements), extracts the risk data into a structured record, checks clearance and appetite, enriches the risk with internal and third party data and ranks it, so underwriters open a complete, prioritized file instead of an inbox.
AI that prepares and runs the renewal cycle: it digitizes renewal submissions and changes in risk for underwriters, flags policies at risk of lapsing or leaving, prepares the renewal conversation and answers customers' renewal questions, while renewal prices stay governed by the insurer's pricing rules and fair value obligations.
AI that reads the medical evidence behind a life or health insurance application (attending physician statements, electronic health records, lab results and disclosures), turns it into a structured, cited summary of conditions, treatments and dates, and maps it to the insurer's underwriting manual so an underwriter can decide faster and more consistently.
Computed from the 28 public deployments behind these use cases. Numbers update with every checked record.
AXIS Capital, Accelerant Holdings, American International Group, Arch Capital Group, Atlanticus, Banestes, Bowhead Specialty, CNA Financial, DBS Bank, GXS Bank, Generali Global Corporate & Commercial, Golden 1 Credit Union, Hiscox, Kinsale Capital Group, MYbank, Manulife, Markel, National Australia Bank, Nsure.com, OakNorth Bank, Paragon Insurance Group, Patelco Credit Union, Prudential plc, Skyward Specialty Insurance Group, Sumitomo Mitsui Banking Corporation, Upstart Network, Zurich Insurance Group, Zurich North America.
