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Average Ratings 0 Ratings
Description
Brisc AI develops advanced AI Analysts designed to handle the back-office operations for managing general agents (MGAs), program administrators, specialty carriers, and reinsurers. A team of five Analysts is responsible for tasks such as verifying premium and claims bordereaux, reconciling premium cash and bank statements, extracting information from broker submissions, processing first notices of loss, and organizing claims laundry lists.
The reconciliation process relies on deterministic, rule-based matching, with each match supported by evidence. Any exceptions are reviewed by personnel, with every decision documented alongside the reviewer's identity to maintain a comprehensive audit trail.
Brisc operates as a software-as-a-service platform hosted on Microsoft Azure, providing a dedicated tenant for each client and ensuring that customer data is not utilized for model training purposes. Typically, clients can expect to go live within a timeframe of 2 to 6 weeks without needing to integrate with existing policy administration systems. In practical use, Brisc boasts over 97% accuracy in reconciliation and 99.1% accuracy at the field level across its Analysts. Notable clients include Helix Underwriting Partners, showcasing the trust placed in Brisc's innovative technology. This commitment to precision and customer confidentiality positions Brisc AI as a leader in the insurance technology space.
Description
Moody's TreatyIQ provides sophisticated financial modeling and comprehensive analytics for reinsurers regarding treaties and portfolios. This powerful financial model is capable of accommodating intricate treaty arrangements, allowing underwriters to evaluate risk exposure, analyze pricing effectiveness, and develop well-structured portfolios. The platform integrates treaty underwriting and portfolio management into one cohesive ecosystem, facilitating the creation and examination of complex treaty and portfolio setups without the need for manual calculations or workarounds. By leveraging TreatyIQ, underwriters can enhance their treaty reinsurance profitability, fostering opportunities for business expansion and investment. A leading global reinsurer significantly improved its portfolio management by utilizing Moody's RMS TreatyIQ, achieving treaty roll-up processes that were 90 times quicker and reducing blind spots by 14%. Furthermore, by revolutionizing treaty risk analytics, TreatyIQ allows insurers to accurately gauge the marginal effects of each treaty on the entire portfolio, as well as the immediate impact of the overall program. This enhanced clarity ultimately supports more informed decision-making and strategic planning within the reinsurance sector.
API Access
Has API
Yes
API Access
Has API
No
Integrations
Azure Marketplace
Yes
Azure OpenAI Service
Yes
ChatGPT
Yes
Claude
Yes
Microsoft Azure
Yes
Microsoft Excel
Yes
Moody's Intelligent Risk Platform
No
Integrations
Azure Marketplace
No
Azure OpenAI Service
No
ChatGPT
No
Claude
No
Microsoft Azure
No
Microsoft Excel
No
Moody's Intelligent Risk Platform
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Vendor Details
Company Name
Brisc AI
Founded
2025
Country
Canada
Website
brisc.ai/
Vendor Details
Company Name
Moody's Corporation
Country
United States
Website
www.moodys.com/web/en/us/who-we-serve/insurance/intelligent-risk-platform/treatyiq.html
Product Features
Insurance Claims Management
CRM
No
Claims tracking
No
Customer portal
No
Document management
No
EDI data exchange integrations
No
Electronic claims
No
Fraud management
No
Reporting
No