Automatically monitor all your existing customers’ policies and quickly detect any changes and new risks during the renewal process.
Update pricing automatically upon changes in the business, and identify new upsell opportunities automatically.
Make sure you’re keeping eligible policies in your book and issuing cancellation upon renewal to those that are not elegible.
Remove the manual work from the renewal process and maximize the policies that have been reviewed and approved.
How it works
Upon renewal, Planck’s AI will create up-to-date insights for each business and automatically suggest which policies to renew, which should not be renewed, and which require special attention for pricing updates and upsell opportunities.
Planck's AI reviews the about-to-renew policy to create updated risk factors and insights.
Planck's AI compares the bound policy data to the newly generated, up-to-date risk data.
Based on eligibility and exposure changes, Planck's AI provides a recommended action (e.g., automatically renew, do not renew, inspect, new opportunities identified, etc.).
How it works
As Planck’s AI automatically generates renewal recommendations, underwriters can focus on more strategic tasks.