Xceedance Digital Underwriting Assistant (XDUA)
Eliminate dull and error-prone data processes with the Xceedance Digital Underwriting Assistant (“XDUA”). XDUA identifies and extracts unstructured data and stores it in consistent and easy-to-interrogate formats.
- Achieve significant cost savings by using our AI and machine learning tools
- Improve accuracy, monitoring and controls
- Automate workflows and streamline processes
- Gain detailed insights into claims and exposures
- Reduce errors.
XDUA is trained to understand loss runs of different insurance carriers and present it in a structured format for easy analysis. This gives clarity on risk viability, increases speed-to-quote, and aids in correctly pricing a policy.
No need to request loss runs from agents of other participating carriers. The information is provided in a standard format for all risks and lines of business. This saves time and money, and helps avoid premium leakage and overpricing.
Learn how else the Xceedance Digital Underwriting Assistant (XDUA) can benefit your business
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May 31, 2023