Expert.ai for Risk Engineering
We use AI to assess risk, highlight unintended exposure and identify policy inconsistencies.
Given the complexity and breadth of risk assessment documentation, automating the risk engineering process is key. Artificial intelligence is central to the equation – more specifically, natural language understanding. Expert.ai leverages NLU technology to read all available documents and extract key information, enabling insurers to quickly identify risk exposure without the limitations of the traditional process (e.g., limited capacity, high level of subjectivity and expensive process, etc.).
In doing so, organizations unburden risk engineers, freeing up time for them to allocate towards verifying more complex cases and helping underwriting teams more expeditiously turn around quotes for new policies.
Read AXA XL case study
Infographic: Your Guide to Risk Engineering
Read AXA XL case study
Infographic: Your Guide to Risk Engineering
50%
minimum reduction in total process time
50
report pages processed in seconds
$450
savings per risk report (at high end)
85+%
accuracy level of risk analysis
Put expert.ai for Risk Engineering to work:
Read and Understand Documents
Our technology reads and understands all available documents that describe the facilities to be insured (e.g., the risk of fire for a specific property location).
Detect Risk Factors
Our technology detects risk factors across your entire report for each specific object (e.g., building, factory, production process, etc.).
Assign Risk Grading Score
Our technology evaluates every risk qualifier, assigns a grade to each, then returns an overall score.
Aggregate the Information
Our technology aggregates your information by location (i.e., multiple locations in the same report, or the same location in multiple reports).
