âGroundspeed’s AI technology helps P&C insurers use more data to make better underwriting decisions much faster and more accurately than current manual processes,â said
Evaluating tender documents today is one of the most critical aspects of the underwriting process, and current methods do not take full advantage of the value locked in those documents. Groundspeed helps carriers capture deeper insight from information trapped in unstructured submissions. Groundspeed’s Rapid Fusion platform converts commercial insurance documents such as emails, claims, claims series and exposure schedules into rich structured data used for underwriting, pre-filling and posting. ‘to analyse. Groundspeed’s technology is based on a state-of-the-art dataset that spans over
âGroundspeed’s rapid fusion platform has been a huge plus because of its speed and you can trust the data,â said
Launched in 2016, Groundspeed eliminates the need for manual data entry, providing underwriters with actionable information in less time for better risk selection, better underwriting efficiency and business growth. The speed and accuracy of Groundspeed’s AI / ML technology helps Republic Indemnity increase its quote ratio, reduce underwriter bias in bid selection, and create an underwriting dataset to determine new growth opportunities .
To learn more about how Groundspeed can help unlock the value of your unstructured data, visit www.groundspeed.com.
About Groundspeed Analytics
Groundspeed Analytics is a leading provider of SaaS submission and placement technology for the commercial P&C industry. By accessing Groundspeed’s Rapid Fusion platform, the company’s enterprise AI / ML solution, insurance companies and brokers can automate the ingestion and enrichment of document information. unstructured submission.
About the indemnity of the Republic
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