Planck
Automate commercial insurance underwriting with AI-powered risk insights
Overview
Planck uses generative AI to help insurance companies assess business risks faster and more accurately. It analyzes vast amounts of data to identify risk factors like property details, operational practices, and industry-specific hazards. The tool helps underwriters make consistent decisions while reducing manual research time.
Key Features
Risk Classifications
Multiple accurate business classifications using AI analysis
GenAI Chat
ChatGPT-style interface for underwriting questions
Custom Insights
Tailored risk data matching specific insurance criteria
Exposure Analysis
Automated assessment of location/operation risks
Decision Transparency
Shows reasoning behind AI-generated insights
Use Cases
Assess commercial property risks
Automate policy underwriting
Analyze business operations
Standardize risk evaluations
Query risk factors via chat
Pros & Cons
Pros
- Reduces manual underwriting workload
- Provides consistent risk evaluations
- Offers explainable AI insights
- Integrates with existing workflows
Cons
- Specialized for commercial insurance only
- Requires enterprise integration for full features
- Limited pricing transparency for smaller teams
Pricing Plans
PLUS Risk Workbench
Features
- GenAI chat interface
- Risk insight explanations
- Policy lifecycle support
Planck Enterprise
Features
- Custom AI model development
- Full data integration
- Dedicated support team
Pricing may have changed
For the most up-to-date pricing information, please visit the official website.
Visit websiteFrequently Asked Questions
What are Planck insights?
AI-generated risk assessments using business data analysis
How does GenAI enhance data?
Improves accuracy of risk classifications and natural language processing
What processes can be automated?
Policy underwriting, risk evaluation, and compliance checks
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