E&S Carrier Reduces Submission-to-Quote Time from 4.1 to 2.4 Business Days
A mid-sized E&S carrier writing professional liability and miscellaneous E&O was processing 400+ submissions per month with a team of six underwriters and two assistants. Loss run processing and ACORD form data entry accounted for an estimated 2.1 hours per submission.
After deploying Undwrlyft's Submission Intake and Loss Run Extraction modules, the carrier reduced manual data handling time by 78% per submission. Underwriters reported spending significantly more time on actual risk assessment and significantly less time on document preparation.