IntellectAI's Newsletter Vol-2: AI & InsurTech Updates & Trends

EDITION 2

September 22, 2025

Foresight Wins Celent’s Model Insurer Award 2025 with IntellectAI’s Magic Submission Solution

Foresight Risk and Insurance Services earned the Celent Model Insurer Award for its innovative use of our Magic Submission technology. By applying AI to document processing, loss run analysis, and risk assessment, Foresight transformed how underwriters handle complex workers’ compensation submissions. The results? Faster processing, greater accuracy, improved loss ratios, and measurable efficiency gains.

Spot Discrepancies Before They Cost You: Magic Placement in Action

Think Your Broker Stack Is Solid? These Are the Gaps No One’s Talking About

When ‘Human-in-the-Loop’ Means More Work for You, It’s Not a Solution

It’s Not One System. It’s a Smarter Stack

Introducing Magic Placement, the AI Solution for Policy Accuracy

Manual document comparison is one of the most inefficient and risk-prone parts of the placement process. Magic Placement, built on our proprietary Purple Fabric platform, completely redefines how agents, brokers, and wholesalers approach it. Magic Placement streamlines the process by automating tasks and lowering errors and omissions (E&O) risks for both the insured and the distributor. This efficiency allows them to concentrate on making smarter and quicker placements.

Foresight Earns 2025 Celent Model Insurer Award

Foresight has been recognized as a 2025 Celent Model Insurer for its innovative approach to workers’ compensation. By leveraging IntellectAI’s Magic Submission product, powered by AI, real-time data, and smart automation, they’re reshaping how risks are managed, leading to better underwriting. Dive into the story of how technology is driving real change in insurance.

Watch: How Magic Placement Turns Quote Chaos Into Confidence

Policy errors are easy to miss and costly when you do. Magic Placement helps brokers compare quotes, binders, and policies side by side, so nothing slips through the cracks. This quick promo video shows how the right tech can protect your agency and your clients.

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Sandeep Haridas on Why Document Comparison Shouldn't Be Optional

In this thought‑leadership video, Sandeep Haridas, EVP and Insurance Business Head, explains why automated quote‑binder‑policy review isn’t just nice to have. It’s becoming a necessity. He dives into how Magic Placement simplifies oversight, reduces risk, and transforms placement workflows. A smart watch for anyone who cares about accuracy and efficiency.

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Reimagining Risk Placement: Why AI-Powered Review Matters

Tired of catching mismatches after bind? In this 30-minute webinar, Megan Pilcher, SVP and Insurance Go to Market Leader, shows how Magic Placement uses AI to compare quotes, binders, and policies in real time, helping brokers catch issues early, reduce E&O risk, and move faster.

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About IntellectAI

IntellectAI is the insurtech business unit of Intellect Design Arena, delivering cutting-edge, AI-driven underwriting solutions for Commercial, Specialty, and E&S carriers, MGAs, and brokers.

Our digital ecosystems power the entire underwriting value chain, from automated submission ingestion to data enrichment delivered through sophisticated underwriting and distribution ecosystems.