Processes

What will AGI do for Refine premiums as needed?

A change in a policyholder's risk profile, a scheduled policy renewal, or an updated actuarial rate filing initiates the premium refinement process.

Trigger
A change in a policyholder's risk profile, a scheduled policy renewal, or an updated actuarial rate filing initiates the premium refinement process.
Outcome
The adjusted premium is finalized, communicated to the policyholder, and applied to the policy administration and billing systems.

The work itself

Grounded Work Profile

Measured by

  • Premium Calculation AccuracyprocessProfile
  • Endorsement Cycle TimeprocessProfile
  • Rate Adequacy RatioprocessProfile
  • Premium Leakage RateprocessProfile

Key steps

  • Receive risk profile changes or renewal notificationsprocessProfile
  • Retrieve current actuarial tables and rating factorsprocessProfile
  • Recalculate base premium and apply necessary modifiersprocessProfile
  • Validate recalculated premium against underwriting guidelinesprocessProfile
  • Issue policy endorsement or renewal quoteprocessProfile
  • Update billing and policy administration systemsprocessProfile

How AGI delivers it

Four ways AGI delivers for Refine premiums as needed

  • 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 Refine premiums as needed connects

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