Compare
year-over-year submissions to make decisions quickly
Digital Underwriting Assistant
An AI-powered solution to improve the quality of underwriting risks
Xceedance Digital Underwriting Assistant (XDUA) eliminates the dull and error-prone manual process of identifying and extracting unstructured data and storing that information in spreadsheets.
- Achieve significant cost savings. XDUA can reduce the cost of processing by up to 30 percent.
- Improve accuracy. AI and machine learning boost monitoring and controls, and can reach data extraction accuracy of ~95 percent.
- Streamline processes. Automated insurance workflows can reduce average handling time (AHT) by 40 percent.
- Gather detailed insights and reduce errors. Dive deeper into claims and exposures to make informed decisions.
Xceedance Digital Underwriting Assistant (XDUA) is trained to understand the loss runs of different insurance carriers, extract the information and present it in a structured format for easy analysis.
- Provides a better understanding of risk viability
- Increases speed-to-quote
- Reduces premium leakage and overpricing
- Frees your team to focus on value-add tasks
Discover how else the Xceedance Digital Underwriting Assistant can benefit your organization.
Change
data points flexibly to incorporate the underwriter’s judgement
Ensure
data quality across the process with multiple checkpoints
Handle
subjectivity to incorporate changes when needed
Automate
and digitize the insurance application process easily
Improve
insights to help underwriters develop and share quotes faster
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