Case Study: a tier 2 US P&C carrier achieves 90% faster commercial underwriting with FRISS Underwriting Insights

How This Carrier Now Works 90% Faster When Writing Commercial Policies

A Tier 2 US P&C carrier was facing a slow, tedious underwriting process for commercial policies. Their reliance on manually inputting data from ACORD forms submitted by independent agents resulted in an average seven this, the carrier turned to FRISS and its Underwriting Analytics solution with ACORD Ingestion.

By implementing FRISS's solution, the carrier automated the ingestion and digitization of ACORD forms, which drastically improved efficiency. The results were significant, with time savings increasing by roughly 90% and the turnaround time for quotes dropping from hours to just minutes. FRISS also helped decrease data entry errors and was well-received by both the carrier's underwriting team and its network of independent agents.