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Bold Awards

Broker X-Ray

Broker X-Ray is an AI tool that scans a brokerages entire book of business to predict customers who are likely to cancel or policies at are at an E&O risk
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Our broker X-ray, built on the back of data that pools from

insurers and brokers, uses artificial intelligence and insights never

seen before in the insurance industry in Canada, to predict:

Underwriting risk exposure: Which client is most likely to have a

claim or missed payment or material risk that could impact their

policy.

Underwriting risk gaps: Our Broker X-Ray uses AI to identify

potential risk exposures for customers that may not have

adequate coverage, alerting the broker to investigate and

contact the client to prevent financial loss in the event of a claim.

Premium cost analysis: Our script can compare millions of

client data files to identify whether a client is paying too little

or too much for their insurance policy. The broker is alerted

and can shop better rates for the client upon renewal to save

the business. Alternatively, identifying a client that is potentially

paying too little for their policy poses questions as to whether

they are adequately covered for their risk exposure.

Projects evaluation criteria

Level of Impact
40%
Scalability
30%
Transparency
20%
H-Factor
10%

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