Groundspeed is a leading brand that utilizes advanced artificial intelligence (AI) technology to revolutionize the commercial insurance underwriting process. With Groundspeed's AI, your underwriting team can receive highly accurate and structured submission data within a remarkably fast turnaround time of under two hours. This allows your team to swiftly write new business and gain a competitive edge in the industry.

Groundspeed offers a range of products and services designed to optimize the productivity of underwriters and agent and broker partners. Their solutions include Setup and Clearance, which enables automatic data extraction for quick and efficient account setup. Additionally, Loss Run Automation provides valuable insights into prior losses through normalized and enriched loss history data.

For faster and well-informed triage and rating decisions, Groundspeed offers Exposure Schedule Analysis, which leverages enriched data from exposure schedules. Groundspeed caters to specialized carriers in the workers' compensation and commercial auto sectors, providing tailored solutions to tackle their unique challenges. Their Workers' Compensation Data Package offers comprehensive data that allows carriers to see opportunities more clearly.

The Commercial Auto 360° Risk Profile delivers near-perfect data and unique insights to drive premium growth. Groundspeed's AI pipeline encompasses a seamless six-step process, from document ingestion to fast data delivery. Insurance carriers can submit documents via API, SFTP, or email.

Groundspeed's AI classifies, annotates, cleans, and structures the data, which then undergoes automated quality checks. Lower-confidence data is flagged for human review to ensure accuracy. The data is further enriched and normalized, incorporating machine-learning models and third-party sources.

Finally, the accurate, enriched data is delivered back in under two hours via API, SFTP, or email, facilitating quicker and more profitable underwriting decisions. Groundspeed empowers underwriters to turn data into results. By leveraging their AI technology, you can increase your quote-to-bind ratio, improve loss ratio, enhance operational efficiency, and drive new product growth.

Schedule a call with a Groundspeed specialist today and discover how they can transform the way you underwrite