April 29, 2024 – Leading InsurTech Send Technology Solutions Ltd (Send) has been recognized as a top provider in the Property & Casualty underwriting workbench space by Datos Insights’ latest report. The report highlights Send’s pivotal role in streamlining underwriting processes for property and casualty (P/C) insurance.
Send’s underwriting workbench stands out for its commitment to data-driven underwriting. Featuring the Smart Submission component, powered by AI, the platform automates data extraction and submission organization, assisting insurers in enhancing submission-to-quote ratios. The platform also provides templates for over 40 lines of business, along with straightforward interfaces, workflows, and automation tools to streamline tasks and boost efficiency.
Andy Moss, CEO and Co-founder of Send, commented on the recognition, saying, “We are honoured to be acknowledged by Datos Insights as a trusted partner in the underwriting workbench space. This recognition reaffirms our commitment to delivering solutions that meet the evolving needs of the insurance industry. We are already helping a number of North American carriers transform their underwriting operations, and we remain dedicated to driving innovation and excellence in this space.”
Heightened competition, increasing complexity, regulatory changes, and an aging workforce are putting pressure on commercial P/C insurers. In response, insurers are actively seeking solutions to streamline underwriting processes and enhance productivity, quality, and collaboration. Carriers are increasingly turning to underwriting workbench solutions to keep pace with the rapid changes in the industry and drive real business value.
“As a prominent provider in the underwriting workbench space, Send has demonstrated a notable understanding of market dynamics and user needs,” added Martina Conlon, Head of Insurance Practice at Datos Insights. “Their platform provides deep domain functionality with a rich insurance-aligned data model, insurance product templates, and insurance-focused user experience. With AI enabled data extraction and automation features like customizable workflows and simplified audits, they’ve positioned themselves well as a trusted partner to help carriers streamline operations.”
For access to the full Datos Insights report and comprehensive insights into each featured company, please visit: https://datos-insights.com/reports/p-c-commercial-underwriting-workbench/.
###
For media inquiries or more information, please contact:
Laura Duffy, Director of PR: pr@tmd.ca
About Send:
Send is a rapidly growing InsurTech software company based in London and the United States with global reach. The company has developed an innovative connected workbench that enables insurers and MGAs to automate, streamline and optimize their underwriting operations. It’s a modular platform that gives teams everything they need to be more productive, in one place – a single platform for managing new business, renewals and endorsements.
The SaaS platform brings complex data out of silos into one solution, providing a consolidated view throughout the lifecycle. Its automation enables new and mature carriers to eliminate rekeying, improve predictability, and work smarter.