CONVR
Convr is the leading Artificial Intelligence (AI) company that is digitally transforming commercial P&C insurance, enabling a frictionless underwriting experience. The platform has revolutionized the industry through data, discovery and decision intelligence (Data. Discovery. Decision.โข). The Convr family encompasses commercial carriers of all sizes, including many of the Top 10 carriers, which use the platform to enable superior performance, optimal efficiency and world-class customer experie... nces. Convrโs solution supports all core commercial lines of business and classes. All parts of the platform are available via a highly-intuitive underwriting user desktop, as well as through system-to-system API connectors. In the workplace, Convr enables four core use cases: d3 Intakeโข reads and digitizes submission paperwork, such as ACORD applications and loss runs, to reduce manual data entry; d3 Risk 360โข provides additional insights on risks from thousands of data sources; d3 Answersโข uses AI to respond to underwriting questions, saving significant underwriter time while improving consistency and accuracy; d3 Risk Scoreโข enables risk selection and prioritization to better focus downstream underwriting resources Commercial insurers are able to put forth a modern, digital underwriting experience that helps them achieve superior operational and ROI including: Attaining 40-60% Straight-Through Processing of new business submissions; Saving up to 5 hours of research time per underwriter per week; An exceptional customer experience, thereby raising the value of their brand to become the Carrier of Choice in their markets. Convr currently powers a strong family of leading brands such as Penn National, Columbia, Crum & Forster, Joyn Insurance, Encova, AF Group, to name a few, that are now using AI to achieve underwriting excellence. To learn more, visit https://www.convr.com/
CONVR
Industry:
Artificial Intelligence Database Insurance InsurTech Machine Learning
Founded:
2016-04-11
Address:
Schaumburg, Illinois, United States
Country:
United States
Website Url:
http://www.convr.com
Total Employee:
51+
Status:
Active
Contact:
888.507.9733
Email Addresses:
[email protected]
Total Funding:
17.7 M USD
Technology used in webpage:
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Current Advisors List
Current Employees Featured
Founder
Investors List
Altos Ventures
Altos Ventures investment in Series B - Convr
NFP Ventures
NFP Ventures investment in Series B - Convr
M25
M25 investment in Series B - Convr
Palm Drive Capital
Palm Drive Capital investment in Series B - Convr
MPK Equity Partners
MPK Equity Partners investment in Series B - Convr
Stage 2 Capital
Stage 2 Capital investment in Series B - Convr
MK Capital
MK Capital investment in Series B - Convr
Seyen Capital
Seyen Capital investment in Series B - Convr
M25
M25 investment in Convertible Note - Convr
NFP Ventures
NFP Ventures investment in Convertible Note - Convr
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