Insurants Introduces Revolutionary Submission Processing Solution to Enhance Underwriting Efficiency

London, UK 2^nd April 2025

Insurants, a trailblazer in insurance technology solutions, is thrilled to announce the launch of its new Submission Processing solution. This innovative tool is designed to read emails and their attachments—including briefing documents, Statements of Values (SOVs), Loss Runs, and more—to extract valuable information, improve data quality, and create consolidated summaries that streamline the underwriting process while eliminating tedious manual tasks.

In an industry where timely and accurate information is critical, Insurants’ Submission Processing solution addresses the common challenges of information overload and data inconsistency. By automating the extraction and summarization of crucial details from incoming submissions, insurance professionals can focus on making informed underwriting decisions rather than getting bogged down by administrative work.

“Our new Submission Processing solution represents a significant advancement in how insurance submissions are handled,” said Laurence Trigwell, CRO of Insurants. ” By leveraging advanced data extraction technologies, we are enhancing the quality of the information available to underwriters, allowing them to work more efficiently and effectively. Trained on hundreds of thousands of commercial insurance documents we’re delivering exceptional results.”

Key Features of the Submission Processing Solution:

Automated Email Reading: The solution intelligently scans incoming emails and attachments, extracting key information relevant to underwriting decisions.

Improved Data Quality: By consolidating data from multiple sources, the tool enhances the accuracy and reliability of the information used in the underwriting process.

Consolidated Summaries: The system generates easy-to-read summaries that present essential information in a clear format, facilitating quicker decision-making.

Seamless Integration: Designed to work with existing underwriting software, the Submission Processing solution ensures a smooth transition for users and enhances overall operational workflows.

Benefits

1. Increased Efficiency: Automating the extraction of information allows underwriters to save time and focus on higher-value tasks, such as risk assessment and client interaction.

2. Enhanced Decision-Making: With consolidated summaries at their fingertips, underwriters can make more informed decisions quickly, leading to faster turnaround times for clients.

3. Reduced Errors: By minimizing manual data entry, the solution reduces the risk of errors that can arise from human oversight, ensuring that the data used is accurate.

4. Improved Client Service: Faster and more accurate underwriting processes enhance the overall client experience, allowing insurance professionals to respond promptly to client needs.

5. Cost Savings: Automating routine tasks can lead to significant cost efficiencies, enabling firms to allocate resources more effectively.

The launch of the Submission Processing solution underscores Insurants’ commitment to providing innovative technology that meets the evolving needs of the insurance industry. As the landscape grows increasingly complex, Insurants remains dedicated to empowering insurance professionals with tools that enhance productivity and decision-making.

For more information about the Submission Processing solution or to request a demonstration, please visit www.insurants.com or contact us at marketing@insurants.com