Insurance / Life Insurance Tech • P&C Insurance Tech
Best Underwriting Workbenches Companies
What is Underwriting Workbenches?
These solutions act as the main software platforms for underwriters to view, assess, and make decisions. While these systems can enable automatic underwriting decisions without an underwriter, they can also augment underwriter decision-making by providing necessary information and even suggestions to an underwriter. Many of these companies provide policy administration solutions, which act as systems of record for insurers’ policies and enable a seamless transition from prospect to policyholder.
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Top Underwriting Workbenches Companies
Unqork operates as a no-code, software-as-a-service (SaaS) platform to build, integrate, and manage software with zero tech debt. Its patent-pending technology includes advanced calculations, decisions, user interface (UI) design, and workflow for risk assessment and digitization layered on top of legacy information technology (IT) systems. It was founded in 2017 and is based in New York, New York.
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Securrency, Quantiphi, Convr, and 2 more
Known Customers
Triterras, Sumitomo Mitsui Banking Corporation, Guaranty Bancshares, and 1 more
Key People
Gary Hoberman, Sumit Malhotra, Daniel Murphy, and 2 more
Virtusa provides end-to-end information technology (IT) services to Global 2000 companies. These services, which include IT consulting, application maintenance, development, systems integration, and managed services, leverage a unique Platforming methodology that transforms clients' businesses through IT rationalization. Virtusa helps customers accelerate business outcomes by consolidating, rationalizing, and modernizing their core customer-facing processes into one or more core systems.
Duck Creek Technologies offers intelligent solutions for the property and casualty insurance industry. Its product portfolio includes distribution management, reinsurance management, digital management, data insights, and other services. The company was founded in 2000 and is based in Boston, Massachusetts.
Majesco (NASDAQ: MJCO) is a provider of core insurance technology software and IT services to carriers worldwide. Majesco delivers solutions and IT services in core insurance areas including policy administration, billing, claims and distribution. The company was founded in 1982 and is based in Morristown, New Jersey.
All Companies in Underwriting Workbenches
Artificial Labs facilitates automated, algorithmic underwriting to determine insurance risk. It offers data ingestion, instant risk triaging, digital contract builder, and end-to-end underwriting workbench. It also provides flexible integration for data retrieving from internal and external sources via an application programming interface (API). The company was founded in 2013 and is based in London, United Kingdom.
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CoverGo provides insurance solutions. The company offers enterprise software solutions for omnichannel distribution, policy admin, and claims to insurers, bancassurance, and brokers. It was founded in 2016 and is based in New York, New York.
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Gradient AI operates as an artificial intelligence AI) solution provider for the insurance and healthcare industry. It seeks artificial intelligence (AI) and machine learning (ML) solutions designed specifically for the insurance industry. It was founded in 2018 and is based in Boston, Massachusetts.
Innoveo Solutions is an information technology (IT) software product company. The company's front-end insurance multi-channel sales solution enables insurance companies to launch new products and build attractive product and service bundles. It was founded in 2007 and is based in Zurich, Switzerland.
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Insurity provides policy administration, claims, billing, and analytics software to a wide range of insurance companies: large and small, national or regional, commercial, personal, or specialty lines writers, as well as MGAs. Insurity offers configuration options for all aspects of the insurance processing lifecycle.
Kalepa delivers decision-support software to commercial insurance underwriters. Kalepa's AI-powered Copilot enables underwriters to focus their time on the highest ROI opportunities and rapidly evaluate, select, and price risk. By analyzing billions of points of structured and unstructured data, Kalepa's Copilot augments underwriters with insights and recommendations on every risk.
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OneShield delivers core business software solutions to the global P&C and General Insurance industry. The company's portfolio of products includes enterprise-class policy management, billing, rating, product configuration, and reporting and analytic solutions that leverage a tool-based open architecture and single data model platform to streamline your business. OneShield Insurance Software automates and simplifies the complexities of core systems with targeted solutions, seamless upgrades and collaborative implementations.
Origami Risk is a Risk Management Information System that offers workflow, reporting, and analysis tools with advanced features to help improve productivity and manage the cost of risk. Origami Risk's customers include large corporations, private companies, government entities, brokers, insurers and claims providers.
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Planck operates as an automated, artificial intelligence (AI)-based data platform for commercial insurance. Its solutions include submissions validation, underwriting recommendations, audit recommendations, exposure monitoring, and more. It was founded in 2015 and is based in New York, New York.
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Send Technology offers software, consulting, developmental services, and integration solutions for commercial insurance and reinsurance sectors. It offers a platform for managing new business, renewals, and endorsements for the underwriting process. The company caters to the insurance industry. Send Technology was founded in 2017 and is based in London, U.K.
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Sunlight Solutions provides insurance providers with a cloud-based suite that supports all insurance products. The platform offers insurance processing and policy administration services. Its headquarters are in Paris, France.
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Our Methodology
The ESP matrix leverages data and analyst insight to identify and rank leading private-market companies in a given technology landscape.
What is Underwriting Workbenches?
These solutions act as the main software platforms for underwriters to view, assess, and make decisions. While these systems can enable automatic underwriting decisions without an underwriter, they can also augment underwriter decision-making by providing necessary information and even suggestions to an underwriter. Many of these companies provide policy administration solutions, which act as systems of record for insurers’ policies and enable a seamless transition from prospect to policyholder.
Expert Collections
Market Map
Similar Markets
Do you compete within Underwriting Workbenches?
Reach more buyers.
Your future customers are researching their next tech solution on CB Insights. Make sure they can find you.