Processes

What will AGI do for Rate quotes?

An applicant or agent submits a request for an insurance quote containing necessary risk data and coverage requirements.

Trigger
An applicant or agent submits a request for an insurance quote containing necessary risk data and coverage requirements.
Outcome
A calculated premium rate is attached to the quote and made ready for presentation to the applicant.

The work itself

Grounded Work Profile

Measured by

  • Quote Turnaround TimeprocessProfile
  • Rating Accuracy RateprocessProfile
  • Cost Per QuoteprocessProfile

Key steps

  • Receive applicant risk data and requested coverage limitsprocessProfile
  • Classify the risk profile against underwriting guidelinesprocessProfile
  • Apply base rates determined by product and jurisdictionprocessProfile
  • Calculate modifiers, discounts, and surchargesprocessProfile
  • Generate the final premium amount for the quoteprocessProfile

How AGI delivers it

Four ways AGI delivers for Rate quotes

  • Autonomous Agents as digital employees

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

    Agents.do
  • Services-as-Software

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

    Services.do
  • Business-as-Code

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

    Platform.do

Value flow

How Rate quotes connects

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