How to automate insurance sales

Insurance sales is a process that is usually intermediated. A broker or agent prepares an application or submission for insurance in a package called a broker submission. This submission typically consists of multiple documents including a broker presentation, loss run, and schedule of values. These documents are highly unstructured and require manual intervention by an underwriter to interpret.

Instabase is the automation platform of choice for insurance carriers and brokers to streamline the submissions process by automatically categorizing and extracting relevant data from submissions documents and delivering them an underwriting workbench for further processing.