Artificial Labs is a platform for automating insurance underwriting workflows and risk management. It uses machine learning to analyze data, streamline application assessment, and support the creation and servicing of insurance contracts. The interface is designed for insurance agents, brokers, and underwriters, with a dashboard that brings key tasks into one place.
Key capabilities
Automated collection and processing of customer and risk data
Algorithmic assessment of insurance applications
Insurance contract and portfolio management
Built-in analytics to support underwriting and risk decisions
Integration with external and internal IT systems used by insurers
Deployment and integrations
Artificial Labs can run in the cloud or connect to a client’s infrastructure. It requires access to insurance and customer data and supports integrations with common enterprise tools, including:
CRM systems
DMS
Internal document management and workflow systems
Typical use cases
Speeding up underwriting and reducing manual errors
Portfolio analysis and monitoring
Evaluating new risks and pricing inputs
Drafting, issuing, and managing insurance agreements
