Applied Systems
All Teams
Applied Systems Planck Team in Tel Aviv-Yafo, Mahoz Tel Aviv, ISR
Planck empowers commercial insurance underwriters with superhuman research and insight generation capabilities to build a true and complete picture of business risk. Based in Tel-Aviv, Israel our global team leverages deep industry expertise and breakthrough data science to generate state-of-the-art solutions for our customers.
Close
Our Products
PLUS Risk Workbench
Planck’s PLUS Risk Workbench uses proprietary algorithms to map a business’s digital footprint and create powerful underwriting insights in seconds. Confidently bind, assign, or reject submissions based on a complete, real-time risk assessment.
With a complete and business-specific risk assessment based on strategic focus and best-practices, Planck’s AI can automate sections or the entire underwriting process from submission to bind, freeing underwriters to focus on more nuanced tasks and strategic growth.
At a glance
the scale of our product
Leveraging Planck’s exclusive open web data-mining capability to pull from thousands of available sources, your underwriters will gather all available data about a business entity and its operations in real time.
Planck uses advanced machine learning to ensure the risk data results provided are relevant to the business in question. Entity matching, or entity resolution, is a vital verification step for accurately pulling together data from unrelated sources.
how we use ai
Planck's artificial intelligence operates with the proficiency of countless experienced underwriters. It produces actionable knowledge that is infinitely expandable for consistent appraisals throughout the underwriting process. Imagine an army of your finest underwriters operating at full potential, constantly.
Using proprietary artificial intelligence capabilities built and trained specifically for commercial insurance (including computer vision, natural language processing, unstructured data analysis, and others), Planck interprets millions of collected data points about a business to assess intermediate insights.
problems we solve
Planck’s platform delivers more than just static data points to make assessments—it generates actionable underwriting answers to power the commercial insurance strategies of the future.
Beyond automating submissions or robotic process automation, Planck deploys world-class AI capabilities to automate all phases of underwriting and remove decisioning noise. By layering specific AI functions across the information flow, the AI matches and standardizes the thought process of a team of seasoned underwriters.
