Powerlytics and Convr partner to help P&C insurance underwriters improve outcomes and customer experiences.Published 3rd Nov 2022 News and Events
Convr Partners with Powerhouse Data Provider, Powerlytics
Convr enriches data lake to improve customer outcomes
CHICAGO (November 2, 2022) – Convr, the leading commercial insurance underwriting platform powered by artificial intelligence (AI) is powering up their platform through a new partnership with data provider, Powerlytics.
Powerlytics provides complete business financial data for 33 million U.S. businesses including revenue, payroll and number of employees all underpinned by publicly available U.S. Government data sources that it reconstructs into actionable financial data. Through the relationship with Powerlytics, Convr will be able to further enrich its data lake and leverage the information to provide commercial property and casualty insurance underwriters with a unique set of data.
“We’re proud to be chosen by Powerlytics to represent their data through the Convr Command Center,” said Convr CEO, John Stammen. “Every day, Convr is making strides to improve our platform – and a relationship with Powerlytics will truly do that by providing our customers with a new unique set of data.”
The reliable data garnered from Powerlytics will produce better search outcomes for Convr underwriter customers during the underwriting process – improving speed to quote and outcomes for their insurance customers. The new partnership shows Convr is dedicated to the responsible data collection from credible sources and to bettering the Convr Command Center user experience.
“We’re excited to partner with Convr and provide more commercial property and casualty insurance carriers with on-demand access to our proprietary financial data,” said Powerlytics CEO, Kevin Sheetz. “Powerlytics data has proven to be highly valuable in helping financial institutions better understand and predict risk and we’re thrilled to have our data featured in the Convr Command Center.”
Learn more about Convr and watch our animated video about what we do at convr.com.
Convr is an AI underwriting platform that digitizes and fuses submissions with best sources of data to surface underwriting insights, business classification and risk scores. The platform has revolutionized the industry through data, discovery, and decision intelligence. Convr customers include commercial carriers of all sizes, including many of the Top 10 carriers, which use the platform to enable superior performance, optimal efficiency, quality decisioning and world-class customer experiences. Follow Convr on Twitter, Instagram and LinkedIn.
Powerlytics provides the most comprehensive, accurate and granular consumer and business financial data available in the U.S. Our proprietary big data analytics platform provides a comprehensive financial view of the over 200 million adults and 33 million businesses that comprise the American economy. Major U.S. corporations and financial services providers are using Powerlytics’ data and solutions to stay on the cutting edge with predictive analytics, frictionless verification and estimation of consumer income, consumer wealth and business revenue, enhance digital and direct marketing for both consumers and businesses, manage risk with both individual business and consumer customers and portfolios and benchmark performance. Visit www.powerlytics.com for more information.