Convr Expands AI Underwriting Workbench to Include Cyber Insurance
Convr, an AI-native commercial underwriting technology provider, has announced the expansion of its underwriting workbench to include specialized tools for cyber insurance. The update provides underwriting teams with purpose-built data extraction and workflow capabilities designed to handle the high complexity of cyber submissions, such as unstructured security questionnaires and supplemental documentation. The move addresses growing market demand driven by rising ransomware threats and increased regulatory requirements. By integrating cyber risk assessment into its existing Risk Context Engine, Convr allows carriers to process complex digital risk data within a single workbench, improving efficiency and maintaining auditability across multiple lines of business.
Topics: AI Underwriting Cyber Insurance InsurTech Product Expansion