Our Solution

Our Digital Experts, built on Purple Fabric, analyse historical submissions against the current underwriting appetite to identify target accounts. This enables underwriters to proactively solicit business from agents and brokers, ensuring they are prepared with a list of desirable risks to quote.

Key Outcomes

• Enhanced effectiveness of agent and broker visits with targeted business opportunities.
• Improved close ratios as underwriters focus on quoting risks they are keen to write.
• Streamlined identification of high-potential submissions, maximizing underwriting efficiency

 

Business Challenge

Insurance carriers and MGAs often receive repetitive submissions over time, making it challenging for underwriters to identify and solicit controlled business opportunities from their distribution network. This results in missed opportunities to quote on desirable risks due to the inability to easily recognize submissions that align with current underwriting appetites.

URL - https://purplefabric.ai/solutions/pipeline-management/