Planck, the leading AI-based business intelligence platform, has launched a new risk search engine specifically designed for commercial insurance research.
The new risk search engine solves the shortcomings of traditional search methods, which are inefficient and time-consuming.
The proprietary solution returns real-time results extracted from billions of public sources and non-indexed government documents. Accessible through an on-demand web application or API integration, a company’s complete and up-to-date digital presence is rendered in aggregate.
“Underwriters no longer need to spend hours of valuable time reading endless pages of everyday consumer information,” said Noa Kalechstain, vice president of product strategy at Planck.
“Planck is the only platform that delivers the targeted, relevant web results they need about the companies they write about, with just one search query.”
Additionally, results can be sorted by source type, including a map that features additional geospatial risk data. Further refinement capabilities are built in to allow underwriters to filter the proposed results and find answers to their specific underwriting questions.
Kalechstain, added, “Our platform is designed to understand risk and go beyond basic trading and firmographic data. This streamlined access to vital information allows insurers to have a complete picture of a business to make critical underwriting decisions quickly and accurately so they can adapt to the most complex challenges.
With the built-in feedback feature, users can easily train the returned information to inform their individual search engine algorithm models and ensure that future results are prioritized according to the insurer’s specific needs. The out-of-the-box risk search engine is available today and can be quickly integrated for new and existing customers.
Major insurers in the United States, Europe and Japan, such as Chubb, Attune and Sompo, are already benefiting from Planck’s offerings.