
United States · Information technology & services startup
Convr is an AI-powered commercial underwriting workbench for Property & Casualty (P&C) insurers, based in Schaumburg, Illinois.
Funding reportedLast round: Series B
Convr is an AI-powered commercial underwriting workbench for Property & Casualty (P&C) insurers, based in Schaumburg, Illinois.
Founded in 2016, the company focuses on digitizing underwriting operations through its modular platform, which features a proprietary P&C-specific Risk Context Engine. This technology transforms fragmented insurance submissions into structured, decision-ready data, helping carriers, Managing General Agents (MGAs), and brokers make faster and more accurate underwriting decisions. The platform, known as d3 UnderwritingTM, automates the entire submission-to-quote workflow. Key components include Intake AI, which eliminates manual data entry; Risk 360 AI, which provides comprehensive risk insights; and Answer AI, a generative assistant that centralizes applicant information. Convr serves a range of clients, including top commercial P&C carriers, reinsurers, and brokers, enabling them to enhance operational efficiency and profitability through improved data management and decision-making processes.
Funding, as reported
From Convr's own website: 1 founder, 9 on the team.
What they build
Known for
commercial pcunderwriting insightsai underwriting platformdata scienceinsurance data lakeinsurtechenterprisesmlinformation technology & servicesinsurancefinancial servicesfinancemachine learning algorithmsrisk scorescommercial insurance aienterprise software
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