Applied Systems Planck

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.

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.

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.