Insurtech firm Indico Knowledge has launched a brand new Agentic Decisioning Platform designed particularly for the insurance coverage sector.
This suite of AI brokers and agentic options is designed to enhance underwriting and claims decisioning in industrial insurance coverage, the corporate stated.
The platform contains Agent Studio, Agent Builder and Agent Workflow Canvas, and has been developed particularly for industrial insurers.
The platform will enable carriers to duplicate human decision-making in advanced workflows together with triage, evaluation and validation of submissions, the corporate claims.
Indico famous that the platform has led to a greater than 80% discount in handbook processing time, a four-times enhance in submission dealing with capability, and 85% quicker turnaround in underwriting and claims processing amongst insurers which have adopted the know-how.
The Agentic Decisioning Platform includes specialised Extraction & Classification, Summarisation, Validation, Knowledge Enrichment and Internet Analysis brokers.
These brokers are supposed to deal with insurance coverage duties akin to knowledge retrieval, doc summarisation, accuracy checks, contextual knowledge integration and web-based info gathering.
Agent Builder permits insurers to create customised brokers for duties akin to discipline extraction, classification, validation and summarisation utilizing pre-built templates.
The Agentic Workflow Canvas allows customers to assemble these brokers into full decision-making workflows, with help for conditional logic, parallel execution and knowledge routing.
Present purposes embody underwriting submission triage, summarisation of multi-year loss run knowledge, ingestion of dealer communications, delegated authority bordereaux processing and early-stage claims triage.
The Agentic Decisioning Platform is out there as a part of Indico’s Resolution Automation Platform.
Indico Knowledge CEO Tom Wilde stated: “That is the second the trade shifts from automation to autonomy. Agentic Decisioning isn’t nearly effectivity – it’s about enabling the insurance coverage enterprise to function with real-time intelligence, at scale, throughout each submission. We constructed this for AI affect, not AI experimentation.
“The Indico platform is the inspiration for these prepared to steer – not simply survive – the following decade of insurance coverage.”
In April, Indico Knowledge launched its Prepared for Guidewire validated accelerator for ClaimCenter on Guidewire Cloud, obtainable through the Guidewire Market.
