
AI-driven software for insurance underwriting that analyzes risk, automates decisions, and flags high-risk policies using applicant data.
Vendor
Aurea Software
Company Website
Risk Assessor is an AI-powered software solution designed for insurance underwriting. It analyzes applicant risk profiles, processes claims history, and automates underwriting decisions. The tool uses real-time data to flag high-risk policies and supports brokers, agents, and underwriters in making faster, data-driven policy decisions.
Key Features
AI Risk Analysis Analyzes applicant risk and claims history to support underwriting.
- Scans financial, medical, and claims data
- Evaluates risk profiles for each applicant
Automated Underwriting Automates the decision-making process for insurance applications.
- Assigns risk scores
- Recommends policy pricing
Real-Time Risk Flagging Detects and flags high-risk applicants or policies instantly.
- Identifies inconsistencies or missing information
- Flags potential fraud before approval
Benefits
Efficiency in Underwriting Speeds up the insurance application process.
- Reduces manual review workload
- Enables faster policy decisions
Improved Risk Detection Enhances accuracy and reliability in risk assessment.
- Minimizes human error
- Identifies fraudulent or high-risk cases early