Industries · Insurance underwriting · Available

Underwriting decisions that stand up to review

Every renewal and new submission shows the loss history it relied on, the appetite rules in force that day, and the underwriter who signed off with the authority to do so. Consistency stops depending on who happened to pick up the file.

Try it in a sandbox See a renewal, start to finish
Who it's for

Underwriting teams for homeowners and commercial property

Underwriters, underwriting managers, the brokers who submit business, and the audit and compliance teams who review decisions.

New business triageRenewal reviewUnderwriting exceptionsReferrals to senior authorityInspection requirements
What's hard today

AI reads submissions and loss runs. The decision record is still scattered.

The same renewal, today and with KrisVen

Today

AI extracts the broker submission and summarizes loss runs, and an underwriter reviews each output. But the broker's insured values differ from the inspection report, appetite rules changed last quarter, and the referral approval sits in email. When a regulator or reinsurer asks why the account was renewed on those terms, someone rebuilds the story by hand.

With KrisVen

Loss history, inspection findings and broker-reported values come together with their sources, and differences are flagged instead of averaged away. The appetite rules in force that day are applied and recorded, referrals go to an underwriter with the right authority, and the renewal is sealed as one record.

What changes

What your underwriting team gets

Verified versus reported

Broker-reported values and carrier-verified values stay side by side with their sources, so a large gap is a visible decision point rather than a hidden average.

The right wording on the right date

Decisions use the appetite rules and policy wording that applied on the relevant date, not whatever the system holds today.

Referrals to the right authority

Accounts with prior losses, high values or exceptions route to an underwriter whose authority covers them, and the sign-off is recorded with that authority.

Consistency you can show

Compare AI recommendations with underwriter decisions across a book, and see where and why they differ before changing appetite.

A decision, start to finish

Renewing a 14-location commercial property account

A synthetic example of the renewal review workflow.

  1. 1

    The file comes together

    The renewal submission, five years of loss runs and recent inspection reports are matched to the same insured across policy, claims and broker systems.

  2. 2

    Differences are flagged

    At two locations the broker-reported insured value is more than 20% above the inspected value. Both figures are kept, with their sources, for the underwriter to resolve.

  3. 3

    Current appetite is applied

    The account has two claims in the last three years, which the current appetite rules refer to a senior underwriter. The rule version is recorded with the decision.

  4. 4

    A senior underwriter decides

    The senior underwriter renews with a higher deductible at the two locations and records why. Their authority for this account size is checked at sign-off.

  5. 5

    The renewal is sealed

    Evidence, the value differences, the rule version, the referral and the sign-off are sealed together, ready for an auditor, regulator or reinsurer.

Value you can measure

What to measure in your sandbox

Set a baseline on your current process, then measure the same workflow with KrisVen on sample data.

Renewal turnaroundTime from submission to decision, including referrals.
Referrals routed correctlyThe share of referrals that reach an underwriter with the right authority first time.
Agreement with underwritersHow often the AI recommendation matches the underwriter's decision, and why it differs.
Time to answer "why this renewal?"How long it takes to show the evidence, rules and sign-off behind one decision.
Regulatory pressure it helps with

Built for the questions regulators ask about AI in insurance

NAIC Model Bulletin on the use of AI by insurersUnfair claims settlement practicesUnderwriting file documentationRecords retention

KrisVen provides governance infrastructure that supports these expectations. Determining and attesting to compliance remains the responsibility of the deploying insurer and its counsel.

Works with what you run

Alongside your policy and claims systems

KrisVen connects to the systems underwriting teams already use and records the decisions made with them. It doesn't replace your policy administration or claims platform.

Policy administrationClaims and loss runsBroker portals and CRMInspection servicesRating enginesDocument stores

Bring one renewal workflow worth proving

Start with a private sandbox using synthetic or customer-approved sample data, measure the workflow, and decide with evidence.

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