Quote more of the comp risks you want.
Indico automates workers’ compensation submission preparation — normalizing loss runs, reconciling payroll and class data, and screening risks against your appetite. Respond faster to brokers while underwriters focus on the right accounts.
Why comp submissions
wait on data work
Comp underwriting depends on data that arrives in the wrong shape — years of loss runs from prior carriers, payroll split across classes, and mod and bureau detail that has to be verified before anything can be rated.
Loss runs arrive
from every
prior carrier
Multiple years, multiple formats, multiple conventions. Claims have to be normalized and reconciled before frequency and severity mean anything.
Payroll and class
detail is
inconsistent
Payroll by class, employee counts, and job duties arrive contradicted between the application, the supplemental, and the broker’s spreadsheet.
Bureau and
mod data
sits apart
Experience mods, bureau class assignments, and prior coverage history live outside the submission and get looked up account by account.
Volume decides
what gets
quoted
Comp runs on high submission counts and tight turnaround. Preparation time — not appetite — determines how much flow receives a decision.
From From loss runs to quote:
how Indico accelerates comp underwriting
Indico brings together applications, supplementals, payroll and class detail, multi-year loss runs from prior carriers, bureau and mod data, appetite rules, and carrier-defined appetite and underwriting guidelines — then orchestrates review and downstream quoting workflows.
Get submissions in good order
Bring the complete risk together.
Indico ingests applications, payroll and class schedules, multi-year loss runs, and supplemental information, then extracts, enriches, validates, and organizes payroll, classification, loss history, and experience information into one complete submission record.
Select the right risks
Know what deserves attention first.
Indico evaluates submissions against carrier-defined appetite, underwriting rules, business priorities, and enriched risk data—prioritizing the opportunities that best fit the portfolio and showing the rationale behind each result.
Price, quote, and write back
Carry the right opportunities through quote.
Indico brings in carrier pricing and rating logic, assembles the information required to price the risk, automates quote generation, and pushes the quote and full submission record into the policy system.
From hours to seconds.
Convex keeps underwriting work moving.
Convex cut manual handling to seconds with Indico, streamlining SOV and loss run ingestion and routing so underwriting work flows faster.
We’ve achieved more with you in 8 weeks than we have in 3 years with other vendors in this space…and I think that the people at Indico have actually made it a really enjoyable process.
Real stories. Real insights.
The Unstructured Unlocked Podcast.
Real conversations with insurance leaders re-thinking how insurance work gets done.
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