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Planck Launches Prospect Intelligence Platform to Lower Customer Acquisition Costs for Commercial Insurers
Planck, the powerful AI platform transforming the commercial insurance industry, is unveiling a new product to help insurers identify high-potential prospects and markets that match their risk appetite. By using Planck’s Prospect Intelligence platform, carriers can reduce their customer acquisition cost, increase growth & expansion and improve the agent & customer experience.
Planck’s proprietary solution mines and collects billions of data points across the web, including public and government records and non-indexed sources, then applies deep-learning algorithms to produce the most accurate insights available. With real-time data and insights, insurers can identify prospects that meet their specific risk appetite and eligibility requirements, resulting in a pre-underwritten policyholder at the point of quoting, before it reaches underwriting.
“With Planck’s Prospect Intelligence platform, we enable companies to eliminate unqualified traffic, saving insurers and underwriters valuable time and money,” said Planck Co-Founder and CEO Elad Tsur. “Our deep learning algorithms, rich data insights and knowledge of the underwriting process are already dramatically improving our clients’ conversion and overall success rates.”
In a case study with a current mid-size commercial insurance carrier, Planck’s Prospect Intelligence product increased lead to quote submission rates from 23 percent with their traditional leads purchasing approach, to an astounding 98 percent. Planck’s Prospect Intelligence platform also plays a significant role in driving advanced growth strategies that best match a carrier’s unique needs, including potential mergers and acquisitions, new product launches and geographic expansion.
Insurance companies across the world, such as Attune, Chubb and Republic Indemnity (Great American Insurance Group) along with Sompo in Japan are already benefiting from Planck’s current offerings.
Planck’s product suite continues to grow in its ability to streamline underwriting and data information processes throughout the insurance continuum. Additional offerings are scheduled to roll out throughout 2022.
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Shift Technology Launches Shift Claims to Power Claims Transformation with Agentic AI
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Zego, the UK’s first insurtech unicorn and a pioneer in telematics insurance, announced its ambition to reshape how drivers think about car insurance.
Consumers Under 40 Are Skipping Life Insurance as They Delay Traditional Triggers Such as Marriage and Parenthood
The World Life Insurance Report 2026, conducted jointly by the Capgemini Research Institute and LIMRA, shows that even though 68% of adults under the age of 40 see life insurance as essential for a healthy financial future, current offerings do not align with their financial priorities, hindering adoption.
50% of UK Women Still Uninsured: The Gender Gap in Life Cover
Despite juggling care roles and household duties, many UK women remain without life insurance, leaving dependants vulnerable. Recent research from Capital for Life and Post Office Life revealed that while 53% of adults say they have a life insurance policy, gender differences persist: 56% of men have coverage compared to 51% of women. That 5-point gap signals a deeper issue in financial protection.
Large Loss Claims Account for 88% of All Its Global Cyber Losses, Says AXA XL Study, Revealing Key Trends and Insights
According to an AXA XL claims analysis, 88% of all incurred losses from its cyber claims over the last decade arise from claims that surpass $1 million, suggesting that a relatively small number of large claims are responsible for the majority of cyber losses.
Rising D&O Claims in India Put Corporate Leaders Under Heightened Scrutiny: Marsh Report
India’s corporate landscape is undergoing rapid change, with directors and officers increasingly facing personal liability risks. Marsh India has released findings from its Directors & Officers (D&O) Liability Insurance Claims Trends Report 2025, which reveals sharp increases in claim notifications, escalating defence costs, and intensifying regulatory actions, underscoring the urgent need for stronger governance and comprehensive D&O coverage.
New Cyber Insurance MGA Launches with Exclusive Partnership with Global Cybersecurity Firm, Trend Micro – Targeting US Customers
Invision Cyber, a new cyber insurance MGA founded by Acies with London and Lloyd’s market veteran Stuart Essex and cyber expert James Ingram, has entered into a strategic partnership with global cybersecurity leader Trend Micro to offer a cyber insurance product tailored exclusively for Trend Micro customers in the US.
Shift Technology Launches Shift Claims to Power Claims Transformation with Agentic AI
Shift Technology launched Shift Claims powered by agentic AI Shift Claims helps transform claims operations by assessing and prioritizing cases
Zego Leads the UK Shift From Black Box to App-Based Telematics Insurance
Zego, the UK’s first insurtech unicorn and a pioneer in telematics insurance, announced its ambition to reshape how drivers think about car insurance.
Consumers Under 40 Are Skipping Life Insurance as They Delay Traditional Triggers Such as Marriage and Parenthood
The World Life Insurance Report 2026, conducted jointly by the Capgemini Research Institute and LIMRA, shows that even though 68% of adults under the age of 40 see life insurance as essential for a healthy financial future, current offerings do not align with their financial priorities, hindering adoption.
50% of UK Women Still Uninsured: The Gender Gap in Life Cover
Despite juggling care roles and household duties, many UK women remain without life insurance, leaving dependants vulnerable. Recent research from Capital for Life and Post Office Life revealed that while 53% of adults say they have a life insurance policy, gender differences persist: 56% of men have coverage compared to 51% of women. That 5-point gap signals a deeper issue in financial protection.
Large Loss Claims Account for 88% of All Its Global Cyber Losses, Says AXA XL Study, Revealing Key Trends and Insights
According to an AXA XL claims analysis, 88% of all incurred losses from its cyber claims over the last decade arise from claims that surpass $1 million, suggesting that a relatively small number of large claims are responsible for the majority of cyber losses.