Process historical loss data from multiple formats. Identifies trends, frequency patterns, and severity distributions for risk assessment.
Underwriters receive loss runs in 50+ different formats from carriers and brokers. Manual normalization of loss dates, descriptions, and amounts takes hours per submission, delaying pricing and creating inconsistent risk assessments.
Automated loss run processing that normalizes data from any format, identifies loss patterns, calculates key metrics (frequency, severity, development), and enriches with external data (CAT events, inflation adjustments). Delivers standardized loss analytics in minutes.
Process loss runs 95% faster than manual
Automatic loss trend and frequency analysis
CAT vs. attritional loss classification
Inflation and development adjustments
Consistent loss metrics across all submissions
5-year loss history analysis for renewals
CAT event loss identification and trending
Large loss frequency analysis
Loss development pattern recognition
Parse broker submissions, loss runs, and exposure schedules. Extracts named insureds, geolocation, prior losses, and policy terms.
Parse actuarial reports, pricing indications, and reserve analyses. Extracts key metrics, assumptions, and recommended actions.
Real-time pricing for parametric and standard CAT XoL structures. Integrates with catastrophe models and historical loss data.