Processes

What will AGI do for Rate new policies?

An insurance application completes initial underwriting and requires a premium calculation based on assessed risk.

Trigger
An insurance application completes initial underwriting and requires a premium calculation based on assessed risk.
Outcome
A final premium amount is calculated and attached to the policy quote for the applicant.

The work itself

Grounded Work Profile

Measured by

  • Rating Cycle TimeprocessProfile
  • Rating Error RateprocessProfile
  • Cost Per Rating TransactionprocessProfile

Key steps

  • Extract risk data from the applicationprocessProfile
  • Identify base rate based on jurisdiction and product lineprocessProfile
  • Apply specific risk modifiers and hazard factorsprocessProfile
  • Calculate eligible discounts and required surchargesprocessProfile
  • Compute final total premiumprocessProfile
  • Document the rating calculation for complianceprocessProfile

How AGI delivers it

Four ways AGI delivers for Rate new policies

  • Services-as-Software

    Get the professional outcome delivered as software, priced on results, not headcount.

    Services.do
  • Autonomous Agents as digital employees

    Hire a digital employee that does the job under earned, supervised autonomy.

    Agents.do
  • Business-as-Code

    Encode how your work runs, once, as software that executes itself.

    Platform.do

Value flow

How Rate new policies connects

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