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IntellectAI, an Insurtech Transformation Partner with end-to-end, AI and data-powered underwriting solutions from Intellect Design Arena, announced a partnership with Across America Insurance Services to drive underwriting accuracy and efficiency with loss run extraction and analysis solutions. The wholesale insurance provider is IntellectAI’s most recent customer for Magic Submission and Xponent, built on IntellectAI’s proprietary Purple Fabric platform.
Across America is a wholesale insurance provider based in Riverside, California, serving the specific needs of the transportation industry. Founded in 2015, Across America Insurance was structured to help agencies grow profitably and sustainably. The wholesaler said it chose IntellectAI to address its biggest pain point in the underwriting process: processing Loss Runs. With Magic Submission’s loss runs extraction technology, powered by Gen AI and built on Intellect’s Purple Fabric AI platform, Across America can process the thousands of loss runs they receive annually with nearly 100% accuracy.
Commenting about the new win, Banesh Prabhu, CEO, IntellectAI, said, “We are thrilled to welcome Across America as a new customer to Magic Submission and Xponent. As a niche MGA, they are an example of the organisations for whom we are designing our products. Our mission is to revolutionise the commercial insurance industry, and partnering with forward-thinking MGAs like Across America Insurance Services is a significant step toward achieving this goal.”