Xponent 3.0 - The World's Most Comprehensive Underwriting Ecosystem
Powered by Embedded and Generative AI
Friction-free underwriting for Reinsurers, Wholesalers, and MGAs
Intellect Xponent 3.0 is a full suite, end to end underwriting workbench that includes all-lines submission ingestion, full policy administration and enrichment of over 8000 data elements from hundreds of structured and millions of unstructured data sources. Designed by seasoned insurance professionals including underwriters and brokers to adeptly manage distinctions across Commercial, Specialty, and E&S lines.
Customisable building blocks
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Ready
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Capabilities
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User
User
Journeys
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Microservices
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Integrations
To Facilitate
Rapid Deployments
Tailored
Solutions
Bespoke Experiences
Business
Growth
We create an AI-powered predictable, repeatable and profitable underwriting process for our customers.
Xponent 3.0 raises the bar of what Underwriting Workbenches are meant to do
The collective intelligence of humans and machines is far superior than the machine or human alone!
AI powered Intake & Routing
- 500+ formats including 100% unstructured documents cognitively ingested, contextually extracted and validated in real-time, including emails, loss runs, Excel exposures, ACORD forms, broker specifications and more.
- Machine Learning (ML) powered assignment of NAICS, ISO standard codes from text descriptions with highest consistency.
- Automatically perform quick-declines per appetite, perform complex clearance checks and prioritise submissions 87% faster than humans.
Configurable workflows and UI
- Empower business users to manage automated work assignments and authority levels. for faster turnaround time.
- Quickly customise underwriting workflows, and eligibility rules, with real-time broker communications.
- Build custom broker portals in hours with pre-built components.
Rules Engine
- Roll out new products in days with coverage flexibility, quickly configure risk groups, schedules and underwriting questions.
- Customise business rules to support quick declines and underwriting triage, underwriting rules, LOA management, underwriting guidelines, eligibility criteria and automated referrals.
- Switch between multi-line and single-line with simple changes.
Risk Insights that matter
- Contextual Risk insights and leading indicators triangulated from 8000+ data sources.
- 360-degree intel on company and locations within seconds including loss analysis.
- Generative Ai provides summarised recommendations for account/policy/risk and coverages based on underwriting guidelines and unearthed insights.
Multi-product, multi-quote view
- Combine quotes from multiple lines of business into a unified view, eliminating redundant data input.
- Simplify quoting with automated data pre-fill, facilitating easy pricing comparisons for brokers/MGAs on a single submission.
- Account centric view with contextual external and internal data for better underwriting decisions.
Document management
- Effortlessly upload, categorise, collaborate and digitally link documents to associated submissions or accounts.
- Store information on underwriting decisions (thought capture) for training and audit.
- Document generation capabilities include quote letter/email generation and policy documents.
Dashboards
- Configure account level reports including activity, audit trail, underwriter documentation.
- Track underwriter and agency performance across portfolios, products and customers.
- Configure and customise reports (capital, organisational, underwriter, broker).
Issue, Endorse, Renew
- 30+ pre-built APIs to customer internal systems for policy issuance based on underwriting decisions.
- Automated or manual renewal processing within the workbench for expired policies.
Connect with a product expert to learn more about Xponent 3.0’s offerings.
Benefits experienced by our customers. Your results may vary.
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Reduction in decision time
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Improvements in loss ratios
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Improved decision consistency
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Reduction in triage costs
Design Principles of Xponent 3.0
Don’t spend millions of pounds, months on discovery and years on building.We have done most of the work for you.
Seamless navigation with a
single click
Easy uploads of multiple
schedules in one go
Clear visualisation by grouping
of elements
Narrative design with intuitive
flow of policy information
Reusability of information
through pre-fill across business
lines
Zero data loss through automatic
save of information
Pre-built integrations to 50+ systems
Pre-built components for quick build of custom portals
Pre-configured domain data models, rule sets, workflows and UX components for deployment acceleration
Pre-built and underwriting trained AI/ML models with Generative AI
for underwriter effectiveness
Your Options are limitless!
Our use-cases provide an in depth view of our platform and its robust capabilities.
Additional Resources
Check out the articles, blogs, webinars, case studies and industry reports from Intellect
The first step in the next generation of underwriting starts here.
A solution expert will call you back to get you started.
