Auto Premium Leakage Detection demo
Every new auto policy checked against drivers, garaging, vehicle use and prior insurance in its first days. 1:15
What the demo shows
An underwriting solution for auto insurers that checks drivers, garaging and use after bind.
Seven agents check every new auto policy in its first days: they read the application, order the household driver report, motor vehicle records, registration, odometer and prior-carrier reports, lay each household out as a card of drivers listed against drivers found, re-rate under the filed plan and draft one request to the agency; the auto underwriter decides and signs.
Transcript
- Auto Premium Leakage Detection checks every new auto policy's drivers, garaging and use for insurers.
- Up to 12% of policies hide a driver found at the first claim.
- Each policy becomes a household card, who is listed and who lives there.
- On Day 2, seven agents check the Whitcomb's drivers, cars and prior cover.
- A hidden driver badge lights up.
- Maya, 17, licensed 19 months.
- She costs $1,486 a term.
- Nadia adds her to the roster.
- The Highlander's odometer says 15,800 miles a year.
- The agency confirms. Nadia signs a $1,600 correction on day 12.
- Hidden drivers found in the policy's first days, not at the first claim.
- Built on Botminds: agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.