AGI.do

Services

What will AGI do for Property insurance products (except vehicle)?

This subclass comprises underwriting property insurance policies, except those related to the operation of vehicles. These policies provide financial protection against the loss or damage to property.

The work itself

Grounded Work Profile

Tools

  • Insurance Quoting PortalserviceBlueprint
  • Underwriting Risk EngineserviceBlueprint
  • Rating EngineserviceBlueprint
  • Policy Administration SystemserviceBlueprint
  • Document Generation SystemserviceBlueprint
  • Claims Management SystemserviceBlueprint

Outputs

  • Insurance PolicyserviceBlueprint
  • Underwriting Risk ReportserviceBlueprint
  • Claims Settlement RecordserviceBlueprint

Measured by

  • Claims Cycle TimeserviceBlueprint
  • Quote To Bind RateserviceBlueprint

Key steps

  • Capture applicant property detailsserviceBlueprint
  • Assess property hazard exposureserviceBlueprint
  • Rate and price the policyserviceBlueprint
  • Present quote and bind coverageserviceBlueprint
  • Issue policy documentsserviceBlueprint
  • Adjudicate property loss claimsserviceBlueprint

How AGI delivers it

Four ways AGI delivers for Property insurance products (except vehicle)

  • 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

Value flow

How Property insurance products (except vehicle) connects

absorbs

  • Catastrophe Claims Handlingmodel
  • Loss Recovery Processmodel
  • Property Risk Transfermodel
  • Risk Financing Processmodel

measured by

  • Claims Cycle Timemodel
  • Quote-To-Bind Ratiomodel
  • Regulatory Compliance Ratemodel

optimizes

  • Loss Ratiomodel
  • Policy Retention Ratemodel
  • Quote Conversion Ratemodel
  • Underwriting Cycle Timemodel

produces

  • Claims Recordmodel
  • Claims Settlement Recordmodel
  • Insurance Policymodel
  • Risk Assessment Reportmodel
  • Underwriting Risk Reportmodel

realizes

  • Adjudicate property claimsmodel
  • Adjudicate property loss claimsmodel
  • Assess property hazard exposuremodel
  • Assess property riskmodel
  • Bind and issue policymodel
  • Capture applicant property detailsmodel
  • Capture coverage applicationmodel
  • Collect premiummodel
  • Issue policy documentsmodel
  • Present quote and bind coveragemodel
  • Quote premium and termsmodel
  • Rate and price the policymodel
  • Settle claim paymentmodel

Go deeper

Explore Property insurance products (except vehicle)

Read the deeper take on agi.asView as markdown