Underwriting, claims, certificates, reinsurance, reconciliations: performed end to end.
It runs in minutes, on the channels brokers already use, and asks nothing of your IT.
- Reads proposal submissions from brokers, producers and clients, applies your rules, sends them to your rating calculators, and generates the quote and bind documents.
- Reads claim documents, checks them for validity, applies the policy rules, and generates the settlement notices.
- Gathers the shipping documents and issues cargo insurance certificates under open cover policies.
- Consolidates treaty reinsurance data and reconciles it against the treaty terms.
- Reads facultative reinsurance bordereaux and propagates them into your underwriting systems.
- Reconciles broker payments against invoices.
An AI copilot helps a person.
Actura performs an entire business activity.
A copilot is a passive assistant. It waits on the employee desktop and helps a person finish certain tasks faster. Actura works the other way around. It does much of the work itself, and intelligently, before it needs a person at all. The result is simple. With Actura, fewer people achieve more.
Using an AI copilot may improve certain desktop productivity of employees. The extent of that improvement is dependent on how they use the tool.
Actura uses AI and automation to perform entire knowledge process flows. Humans are only needed for regulatory oversight.
Five areas of work within the insurance domain. Each can be performed end to end.
Straight-through processing, with a person accountable.
Actura grades every field it produces. Clear cases carry through on their own. The rest go to a named underwriter or claims officer, with the original alongside. Nothing binds or pays without a name against it.
Built for insurers, and for their auditors.
Isolated tenancy
Each organisation works in a private space. Data stays under the control of the organisation that owns it.
No installed footprint
Cloud native. Nothing is installed on your premises, and your systems are left as they are.
Encryption
In transit and at rest. The platform is ISO 27001 certified.
Traceability
Every action is captured. Records are non-repudiable and can be audited in full.
Enterprise single sign-on
For provisioning and access. Rights are scoped, time bound and can be revoked.
A person is accountable
A named person signs off every outcome, and each decision is kept against that name.
Already in production, across eight specialty lines.
The timings above are from live deployments. Each activity maps to a case you can read.
Up to 90%
less time per submission
US$5.8B
insured goods on the platform
ISO 27001
certified platform
Give us one underwriting or claims workflow. We will run it on your own documents.
No integration work to start. We reply personally and put you in front of a working result.