CARRIERS — WHOLESALE
Providing A Streamlined & Complete Submission Process
Significantly reduce administration and underwriting time during the submission process by providing multiple submission channels; utilizing OCR for non-structured data; aggregating datapoints from multiple sources to enrich the submission; and incorporating AI driven workflow management and automated business rules to accept submissions in any format you want. We anticipate the information needed for each risk, synthesize it, and highlight risk attributes for your underwriters, allowing you to spend more time making high quality, efficient risk decisions.
Utilizing Best-In-Class
Data Sources
Integrate multiple trusted, third-party data sources, which will provide instant access to thousands of data points to validate submission information and identify eligible and viable risks. The amount of information available for each insured allows Insur-Fi to have a more refined view of the risk characteristics in a shorter amount of time compared to the traditional underwriting process.
Maximizing
Bind Ratios
Modern technology, artificial intelligence (AI), and putting our underwriters in the brokerage process allow us to better understand and carefully consider how a risk fits with your appetite. We change to reflect your individual appetite to drive brokerage submissions only to markets that are the best fit resulting in a significant improvement of quote and binds ratios and a reduction of wasted efforts to reduce your underwriting expenses.
Multiple & Unique
Distribution Channels
By leveraging technology, relationships, and affiliations of non-traditional partners, we are able to diversify the distribution of our products. This multi-channel strategy allows us to provide a balanced book of submissions targeting classes of business and states where our partners are looking for growth. We write the traditional way – through a network of retail agents, utilizing relationships with Agency Clusters/Groups; and strategically – partnering with other wholesalers as a part of our strategy to scale. However, we expand our channels to get closer to the end insured by leveraging technology to distribute our products through affiliated marketing agreements, technology partnerships, and embedded insurance at various points of sale.
Industry
Expertise
Employ a deep and experienced team of insurance and technology leaders with proven track records of proactively managing risk, developing profitable insurance portfolios, and growing books of business for our partners.
CARRIERS — PROGRAM MANAGER
A Digital & Streamlined Submission Process
Significantly reduce administration and underwriting time during the submission process by utilizing OCR for non-structured data; aggregating datapoints from multiple sources to enrich the submission; and incorporating AI driven workflow management and automated business rules to accept submissions in any format you want.
Utilizing Best-In-Class
Data Sources for Risk
Selection & Pricing
We integrate multiple trusted, third-party data sources, which provide instant access to thousands of points of data to validate submission information and identify eligible and viable risks. The amount of information available for each insured allows us to have a more refined view of the risk characteristics in a shorter
amount of time compared to the traditional underwriting process.
Optimized Pricing
to Reflect
Portfolio Risk
We adjust and proactively engage in predictive modeling with real time updates using third-party information to provide more accurate pricing for selected risks and deliver profitable underwriting results. We will incorporate machine learning to iterate and improve pricing accuracy and balance risk selection on a portfolio basis.
Flexible & Nimble Rating, Underwriting, Document
Management Platform
Our open technology architecture allows us to be very nimble in implementing changes to our forms and rating plans in response to industry trends. Our rules-based, automated systems allow adjustments in minutes, not months. We provide multiple digital channels to simplify and automate communication of previously complex submission, underwriting, bind, and service processes.
Focus On
Solutions to
Control Losses
After the risk is properly rated and written, Insur-Fi will continue to employ the latest IoT devices, sensors, cameras, and services and advances data analytics to monitor, predict and mitigate potential future property and employee risks, hazards, and losses.
Niche Focus with
Deep Industry
Expertise and Experience
Each niche in the space has its own unique exposures. Underwriting for Insur-Fi’s programs is overseen by insurance industry leaders with a deep, specialized skill set and experience within their niche coverage areas. This ensures we are able to provide customized, effective solutions. The team is full of underwriters who happen to be brokers as well.
REPRESENTING A DEEP PORTFOLIO OF A RATED CARRIERS
