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AI Agent · UNDERWRITING

Meet your AI Agent for Loss Run Processing.

Every loss run read and standardized. Every total calculated. Every large loss surfaced. Your underwriters get a quote-ready loss history view in minutes.

Trusted by leading P&C carriers, brokers, and TPAs
How your AI Workforce works

From inbox to system of record

Bevaya AI Agents read the work as it arrives, compare it against your guidelines,
recommend the next step, and act, all inside the systems your team already uses.

 
LOSS RUN STATEMENT
CARRIER: ATLAS NATIONAL · WC · POLICY PERIOD 2022–2025
VALUATION
DATE
04/30/
2026
 
SUBMISSION PACKET
INSURED
Stoltz Trucking & Logistics LLC
PA-based fleet · 142 power units
LINE OF BUSINESS
Workers' Compensation
Detected from format + headers
DOCS IN PACKET
7 files
LOSS RUNS FOUND
3 of 7
FORMAT
Atlas v2 PDF
POLICY PERIODS DETECTED
PRIOR · 22–23
WC-ATL-99811-22
12 claims
CURRENT · 24–25
WC-ATL-99811-24
9 claims
CLASSIFIED — 3 LOSS RUNS · ATLAS NATIONAL FORMAT
Line of business, policy periods, and valuation date captured
Non-loss-run files in the packet ignored automatically
No format gymnastics required — Bevaya reads what brokers send
Reading the loss run
 
 
 
 
 
 
 
20+ fields · mapped to your schema
TOTAL INCURRED · 3-YEAR
$1,847,200 · paid + reserves – recoveries
0.99
FREQUENCY
21 claims · 7.0 per year average
0.98
SEVERITY
$87,962 average · $612K max
0.97
LARGE OPEN CLAIMS
2 claims > $250K · both open
0.96
DEVELOPMENT FLAG
Claim WC-118 reserves +340% in 90 days
FLAG
RECOVERIES VS GROSS
$112,400 recovered · 5.7% of gross
0.95
Math run · exceptions flagged
 
 
Guidewire PolicyCenter
Standardized loss history attached
Duck Creek Policy · Majesco
Synced via API
Salesforce FSC
Submission record updated
Custom UW Workbench
Loss drivers and trends surfaced
Decision support · not a decision
Reads any loss run, in any format
Identifies loss runs inside multi-document submission packets — even when buried
Classifies by carrier and format — Atlas, Travelers, Hartford, AIG, or any other
Captures line of business, policy periods, and valuation date automatically
Maps every carrier into one schema
Pulls 20+ standard fields per claim — policy number, claim number, dates, status
Captures paid losses, reserves, recoveries, and total incurred — every dollar accounted for
Maps every carrier's terminology into your standard schema — no manual translation
Calculates, rolls up, and flags
Calculates total incurred when components are listed separately across columns
Rolls up frequency and severity across periods; spots unusual development patterns
Surfaces large open claims and flags exceptions before they reach the underwriter
Lands quote-ready in the workbench
Standardized loss history lands in Guidewire PolicyCenter, Duck Creek, Salesforce FSC, or Majesco
Loss drivers, frequency trends, and large losses surfaced for the underwriter
Decision support — not a decision. The underwriter still owns the quote
Production results

Built for the underwriting desk.

Accuracy on policy-level data extraction
99.5%
Accuracy on claim-level data extraction
95%+
Increase in underwriting team capacity
40%
Bevaya — Case Studies Module

Bevaya’s AI agents reduced our claims indexing from 5 days to under an hour. The accuracy was better than our most experienced staff on day one.

Harry Talbert

Harry Talbert SVP of Information Systems · Eastern Alliance

Read the full story

99% straight-through processing and 246% ROI in just 6 months.

F5

Fortune 500 Carrier Property & Casualty

Read the full story

We evaluated six AI vendors. Bevaya was the only one that understood our underwriting workflows from day one — no six-month education period.

CU

Chief Underwriting Officer Specialty Carrier · $2B+ GDP

Read the full story

The confidence scoring changed everything. Our reviewers know exactly which items need attention and which can go straight through. We trust it.

DO

Director of Operations Workers’ Compensation Insurer · 74 NSP

Read the full story

Cut COI turnaround from 24 hours to minutes and saved millions.

T5

Top-5 Broker National

Read the full story
THE ENGINE INSIDE

InsurGPT™ reads loss runs the way your best underwriters do.

A mosaic of specialized models trained on 300M+ real insurance documents. The loss run model alone took seven months of expert annotation before it reached production.

Built for loss-run math

Loss runs aren't documents — they're tables of money. InsurGPT™ reads them like an underwriter: roll up incurred when components are listed separately, normalize across carrier formats, and surface the numbers that actually drive the quote.

Insurance Math Built In | Calculated

Calculates total incurred when paid, reserves, and expenses are listed separately. Rolls up frequency and severity by policy period and coverage line so the underwriter sees the shape of the loss history, not just the raw rows.

Confidence Scoring on Every Field | Scored

Every extracted value carries a calibrated confidence score. Low-confidence items route to human review automatically — no silent guesses make it to the underwriter or into the rating engine.

X-Ray Mode Traceability | Traceable

Every extracted number is linked back to its exact location in the source document. Reviewers click a value and jump to the cell, page, and coordinates it came from — verification in seconds, not minutes.

Trained on insurance, not the internet

InsurGPT™ isn't a general model with an insurance prompt on top. It's an ensemble of specialized models trained on 300M+ non-public insurance documents — loss runs, ACORDs, SOVs, schedules — across dozens of carrier-specific formats.

Domain-Native Corpus | Insurance-only

300M+ non-public insurance documents in the training set — loss runs, ACORD forms, SOVs, schedules of values, and carrier exports — not scraped web text dressed up for the industry.

Carrier-Format Fluency | Multi-format

Reads loss runs from dozens of carrier templates without per-carrier configuration. Field names, column orders, and footnote conventions are recognized automatically across the long tail of formats.

Ensemble of Specialists | Multi-model

Dozens of specialized models, each tuned for a specific document type and extraction task. The right model reads the right artifact — not one generalist guessing at all of them.

Built for the underwriting desk

Extraction is the start, not the finish. The output lands inside the underwriter's existing workflow — structured, reviewable, and ready for the rating engine — with the audit trail intact.

Structured Output | Quote-ready

Delivers loss-run data as clean structured records mapped to your schema. Drops straight into the rating engine, the submission system, or the underwriter's worksheet without a re-keying pass.

Human-in-the-Loop Review | Reviewable

Low-confidence fields and edge-case formats route to a reviewer queue with the source document pre-anchored to the cell in question. Reviewers correct, approve, and move on.

Full Audit Trail | Auditable

Every value, every confidence score, every reviewer action is logged with a timestamp and a link to the source artifact. Compliance and reinsurance audits run against a complete provenance chain.

 
What It Does

Built for loss runs.

Hundreds of carrier formats out of the box. Reads carrier-issued, TPA-issued, and broker-compiled loss runs in PDF, Excel, CSV, and scanned image — no carrier-specific configuration required.
Insurance math built in. Calculates total incurred when components are listed separately. Rolls up frequency, severity, and average claim cost.
Multi-year reconciliation. Compares loss history across multiple prior carriers and policy periods, flagging gaps, overlaps, and inconsistent valuation dates.
Large-loss & open-claim flagging. Surfaces large open claims, unusual development, and claims approaching policy limits.
X-Ray Mode on every field. Every value carries a confidence score and is linked back to its exact location in the source document.
Standardized output schema. One consistent loss-history view across every carrier format — ready for your workbench, rating engine, and data warehouse.
Third-party augmentation. Optionally enriches loss-run data with third-party and in-house sources to support risk assessment.
Full audit trail. Immutable logs of every action, every confidence score, every reviewer decision. Defensible for regulators and reinsurers.
Continuous learning loop. Reviewer corrections feed back into the models, so accuracy improves with every loss run processed and every edge case caught.
How it works

An AI layer that sits on top of your existing stack.

Bevaya orchestrates the tools your team already uses. Your stack stays in place. The intelligence layer over it.

01 Sources
Microsoft Outlook
Mailroom / SFTP
Custom API / IPA
02 Bevaya Platform
Bevaya

Bevaya

Intelligence + orchestration layer for insurance workflows

03 Destinations
Systems of record
Guidewire ClaimCenter
Salesforce Industries
Duck Creek Claims
Document management
Alerts
Slack
Microsoft Teams
MORE AI AGENTS FOR UNDERWRITING

Build the full underwriting AI program.

Underwriting Automation Overview

End-to-end automation across the underwriting lifecycle — from submission intake through quote, bind, and renewal.

Underwriting

Submission Intake

Monitors broker inboxes, classifies submissions, extracts data from ACORDs and supplementals, and populates underwriting systems automatically.

Underwriting

Loss Run Processing

Extracts and normalizes loss data across carriers, identifies trends, and produces structured loss histories ready for underwriting review.

Underwriting

Schedules & SOV Extraction

Reads Statement of Values spreadsheets and property schedules in any format, normalizes the data, and delivers clean structured exposure data.

Underwriting

ACORD Form Extraction

Extracts data from all ACORD forms, validates fields against carrier rules, and pushes clean structured data into underwriting systems.

Underwriting

Policy Renewal Handling

Pulls expiring policy data, refreshes exposures and loss runs, and assembles a complete renewal package for the underwriter.

Underwriting

Policy to Policy Comparison

Compares expiring and renewal policy terms, flags coverage and limit changes, and surfaces material differences for underwriter review.

Underwriting

Claims Automation Overview

End-to-end automation across the claims lifecycle — from FNOL through investigation, settlement, and payment.

Claims

FNOL / FROI Setup

Captures first notice of loss and first report of injury details from email, phone, or portal, structures the data, creates the claim file, and assigns it to the right adjuster.

Claims

Claim to Policy Comparison

Compares loss details against policy terms to surface coverage, exclusions, and obligations before the adjuster makes a call.

Claims

Claim Indexing

Classifies, indexes, and routes claims documents to the right adjuster or team. Handles hundreds of document categories with up to 99% STP.

Claims

Legal Demands Identification & Extraction

Reads demand letters and legal correspondence, extracts allegations, damages, and deadlines, and routes them with full context to the claims team.

Claims

Medical Bill Identification & Extraction

Reads medical bills and provider records, extracts CPT/ICD codes, charges, and dates of service, and links them to the claim for adjuster review.

Claims

Invoice Payment Processing

Processes vendor and provider invoices against claim files, validates against authorized services, and routes for payment approval automatically.

Claims

Claim File Summarization

Reads complex claim files and produces role-specific summaries. Key details, timelines, and action items surfaced for the adjuster.

Claims

Policy Servicing Automation Overview

End-to-end automation across policy servicing — from endorsements and certificates through billing inquiries and audits.

Policy Servicing

Endorsement Processing

Reads endorsement requests, validates against the policy, drafts the change, and routes it for approval and issuance.

Policy Servicing

COI Creation

Generates Certificates of Insurance from policy data, validates additional insured language, and delivers certificates to brokers and insureds automatically.

Policy Servicing

Premium Audit Processing

Classifies audit documents, extracts payroll and classification data, populates systems, and requests missing information from policyholders.

Policy Servicing
Custom AI Agents

Don't see the AI Agent you need?

Bevaya's platform extends to fit your operation. We can build a custom AI Agent for your specific underwriting workflow — trained on Bevaya's insurance-native AI and integrated with your systems.

Resources & insights

From the field and from the lab

Case Study - claims
Research

Page stream segmentation with LLMs

How Bevaya Labs approaches a foundational problem in insurance document AI.

Case Study - claims
Case Study

Workers' comp carrier processes claims 100x faster

How indexing automation delivered 432% ROI in 12 months.

2026.06.02-library-webinar-registration-how-to-establish-clear-ai-ownership-in-your-insurance-organization
Architecture

Inside the Bevaya platform architecture

How specialized models, HITL controls, and integrations come together in production.

FAQ

Common questions from underwriting leaders.

Loss run processing is the work of extracting and standardizing claims history data — premium, paid losses, reserves, recoveries, total incurred — from carrier-issued loss run reports so underwriters can price new business and renewals accurately. Bevaya's AI Agent automates the entire workflow, from intake through standardized output.

Hundreds. The model was trained on real loss runs from every major P&C carrier and TPA, across every line of business. It handles carrier-issued PDFs, TPA outputs, broker-compiled summaries, scanned images, and Excel — without per-carrier configuration.

Over 20 standard fields per claim: policy number and period, claim number, date of loss, claimant, status, paid losses, case and ALAE reserves, recoveries, and total incurred. InsurGPT™ calculates total incurred when components are listed separately and rolls up frequency and severity by policy period.

Production deployments run at 99.5% accuracy on policy-level data and 95%+ on claim-level data, with 91%+ maintained across every carrier format. Every field carries a confidence score, and X-Ray Mode links every extracted value back to its exact location in the source document for instant verification.

No. The Agent reads, extracts, standardizes, and analyzes loss history. It surfaces loss drivers, frequency trends, large losses, and exceptions. Your underwriter still owns the price, the terms, and the bind decision. Decision support — not a decision.

Yes. The Agent uses GutenOCR — Bevaya's proprietary grounded OCR — for messy, multi-format documents that generic OCR tools fail on. Scanned image PDFs and faxed loss runs are read and extracted the same way as digital ones, with the source location preserved for every field.

Yes. Every action is logged with immutable timestamps. Every extracted field carries a confidence score and X-Ray Mode linking back to the source document. The full extraction and analysis trail is recoverable, defensible, and exportable for regulators and reinsurers.

Weeks, not months. Loss Run Processing ships as a pre-configured workflow on the Bevaya Canvas, powered by InsurGPT™ models that are already trained. Implementation focuses on connecting your intake channels, mapping your standard schema, and tuning to your downstream systems — not building from scratch.

Generic IDP reads text and fills fields. InsurGPT™ understands loss runs as insurance documents — it knows that "case reserves," "indemnity reserves," and "indemnity case" can mean the same thing across carrier formats, and that ALAE may or may not be included in total incurred depending on the carrier. The math, the terminology, and the reconciliation are baked into the model.

GET STARTED

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Bevaya AI Agents can help you triage, analyze, and recommend across underwriting, claims, and policy servicing.
Let's connect and show you how it works.