Squirro, the augmented intelligence solutions provider, has today announced the launch of a new suite of applications that aim to transform elements of insurance, from underwriting and submission-handling, to improved lead generation and deeper customer insight.
Squirro for Insurance contains three apps - Squirro Commercial Insurance, Squirro Reinsurance and Squirro Commercial Underwriting - all of which use the power of Squirro’s Augmented Intelligence platform to leverage siloed structured and unstructured data to improve the submission handling as well as the underwriting process. In addition it supports lead generation as well as meeting preparation for commercial insurance. “The insurance industry has for years been very focused on the analysis of structured data and core insurance topics, but has been a relatively late adopter when it comes to unlocking the power of unstructured data through Augmented Intelligence and machine learning,” claims Miguel Rodriguez, VP Customer Success at Squirro. “The potential of those technologies to transform certain processes is remarkable.”