Encova Insurance partners with Convr to enrich agent experience

Billion-dollar carrier gains competitive advantage by using Convr to improve ease of doing business for agents while increasing underwriting efficiency

CHICAGO (April 20, 2021)Convr, a leading underwriting decisioning platform for commercial P&C insurance carriers, announced today that Encova Insurance, a top-rated mutual insurance company that provides coverage in 28 states and the District of Columbia, will use Convr’s d3 Underwriting™ platform to help improve the ease of doing business for agents while increasing underwriting efficiency.

“Partnering with Convr provides a competitive advantage to our organization, as it will enable us to improve the speed and quality of our underwriting decision-making based on the digital footprint of the businesses we serve,” Encova Senior Vice President and Commercial Lines Chief Underwriting Officer Mike Lucas said. “This will empower our agents with a seamless quoting experience, including far less data entry in Encova Edge, our state-of-the-art agent portal, and faster, more accurate new business and renewal quotes.”

“Encova is an impressive organization, and we are honored to be partnering with them,” Bruce Simpson, CEO of Convr, added. “Together, we will help Encova continue to build a stronger future for its agencies and policyholders.”

Convr’s platform supports all core commercial lines of business and classes. All parts of the platform are available via white-labeled portal and/or API. The platform is segmented into four products:

  • d3 IntakeTM reads and digitizes submission paperwork, such as ACORD applications and loss runs, to reduce manual data entry
  • d3 Risk 360TM provides additional insights on risks from thousands of third-party data sources
  • d3 AnswersTM uses AI to respond to underwriting questions, saving significant underwriter time while improving consistency and accuracy
  • d3 Risk ScoreTM enables risk selection and prioritization to better focus downstream underwriting resources

About Convr

Headquartered in Schaumburg, Illinois, Convr is a leading underwriting decisioning platform for commercial P&C insurers. The company has revolutionized the commercial underwriting process with cutting-edge AI and decision science. Commercial carriers of all sizes use Convr to make real-time underwriting decisions based on rich data and intelligence gathered by external sources to improve productivity, profitability, efficiency and accuracy. To learn more visit www.convr.com. Follow Convr on Twitter and LinkedIn.

About Encova Insurance

A super-regional carrier ranked in the top 20 mutual insurance companies in the United States, Encova includes more than 1,200 associates writing in 28 states and the District of Columbia, premiums in excess of $1 billion, a surplus in excess of $1.65 billion and assets in excess of $4.3 billion. The group markets insurance solutions through more than 2,000 independent agencies in the Midwest, Northeast and South. Learn more at encova.com.