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Description
Bevaya is an AI agent platform created for property and casualty insurance organizations that want to automate underwriting, claims, and policy servicing workflows. The platform uses specialized insurance agents to read documents, extract structured information, analyze policy and claim data, recommend actions, and move information into existing systems. Its Submission Intake agent monitors broker inboxes, classifies incoming submissions, extracts data from ACORD forms and supplemental documents, and populates underwriting systems. Loss Run Processing normalizes loss information across carriers, while Policy to Policy Comparison identifies material differences between expiring and renewal coverage. Claims-focused agents can classify and route documents, set up FNOL and FROI workflows, summarize claim information, and prepare materials for adjusters. Policy servicing agents can automate certificate of insurance creation, endorsements, premium audits, and related administrative tasks that would otherwise require manual re-entry. Bevaya is powered by InsurGPT, which the company says is trained on more than 300 million insurance documents and is used across more than 120 production deployments. The platform also includes workflow orchestration, document intelligence, human-in-the-loop controls, grounded explainability, integrations, and governance capabilities for deploying AI in regulated insurance environments. Bevaya is intended for carriers, brokers, and TPAs that want to improve processing speed, reduce repetitive work, and introduce AI agents into existing insurance operations.
Description
Verisk's A-PLUS™ Personal Lines Loss History Solutions equip insurers with tailored tools that grant access to up to seven years of claims and loss data, facilitating precise underwriting and rating choices. The solutions come with versatile options, such as comprehensive reports that comply with the Fair Credit Reporting Act (FCRA) and the Claims Activity Profiler (CAP), which highlights claims activity during the quoting process. By incorporating A-PLUS into their operations, insurers can improve the accuracy of initial quotes, minimize unforeseen premium fluctuations at the time of binding, and enhance the overall experience for customers. The proprietary algorithm of the system guarantees thorough claim documentation with minimal input required, thus optimizing the underwriting workflow. Furthermore, A-PLUS includes valuable features like access to over 300 million crash records, which help to fill in gaps in loss history reports, ultimately offering a more holistic perspective on an applicant's risk profile. This comprehensive approach not only aids in better decision-making but also fosters stronger relationships between insurers and their clients.
API Access
Has API
API Access
Has API
Integrations
Guidewire
Guidewire ClaimCenter
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Bevaya
Founded
2018
Country
United States
Website
www.bevaya.ai/
Vendor Details
Company Name
Verisk
Founded
1971
Country
United States
Website
www.verisk.com/products/a-plus-personal-lines-loss-history-solutions/
Product Features
Insurance Underwriting and Rating
Broker / Agent Portal
Carrier Upload
Commercial Lines
Comparative Insurance Rating
Customer Portal
For Casualty Insurance
For Health / Medical Insurance
For Life Insurance
For Personal Insurance
Multi-State
Multiple Line Rating
P&C Insurance
Billing & Invoicing
Broker / Agent Portal
Claims Management
Commission Management
Customer Portal
Document Management
Insurance Rating
Marketing Automation
Policy Management
Quote Management
Reinsurance Administration
Underwriting Management
Product Features
Insurance Underwriting and Rating
Broker / Agent Portal
Carrier Upload
Commercial Lines
Comparative Insurance Rating
Customer Portal
For Casualty Insurance
For Health / Medical Insurance
For Life Insurance
For Personal Insurance
Multi-State
Multiple Line Rating