Insurance Quantified

Insurance Quantified

5-9 Union Square West
3rd Floor
New York, NY 10003

W http://www.twosigmaiq.com

Contact: Michael Crouch

E jpaladino@insurancequantified.com

P (732) 673-9945

Company Description

Description of Product or Services you would like to promote in the Association:

Insurance Quantified is an underwriting technology provider that arms commercial P&C carriers and MGAs with data and analytics to grow their businesses, improve underwriting profitability and be a preferred partner and employer.

Our underwriting workbench, SubmissionIQ, is built to unite people, workflow and systems around actionable submission data. The workbench collects, organizes and enriches information from submissions, fueling the underwriting workflow and beyond with comprehensive insights to prioritize, analyze and write business. The user-friendly interface gives each member of the underwriting team everything they need to turn data into decisions with maximum efficiency and minimum effort in a single, collaborative environment. 

How does your product or service specifically target/benefit Program Administrators:

SubmissionIQ provides program administrators with timely and detailed business intelligence enabling them to accelerate more profitable growth. Specific benefits include:

  1. Automates the non-analytical tasks, such as submission ingestion and data validation, so the Program Specialist can focus on interpreting the insights and using them to build relationships for the betterment of the program.
  2.  Enhances all submissions (not just bound policies) with third-party data to improve views of your potential distribution and exposures, allowing program managers to identify new paths for growth and spot opportunities to create new programs.
  3. Provides the data and technology backbone needed to evolve underwriting processes to easily scale operations as your organization grows.

What differentiates your product from others in the marketplace?

Wer are an integrated solution designed to support the full scope of the underwriting workflow from submission intake to risk placement and analysis, filling a capability gap that exists today between core systems and point solutions for specific tasks like ingestion.

We focus on high industry and program relevance, versioning our product to support unique business needs by curating third-party data sources and building specialized analytics.

We provide unprecedented insight into the pipeline and distribution performance that improves responsiveness and the level of conversation firms have in the market.