Planck

Planck Data Partners with Duck Creek Technologies, Offering Commercial Insurers Integrated Access to Risk-Related Business Insights

Retrieved on: 
Wednesday, July 28, 2021
Telescopes, Spacecraft, Actuarial science, Underwriting, Insurance, Planck

An integration between Planck and the Duck Creek Platform gives insurers the ability to drive service and underwriting excellence, by connecting the most up-to-date data insights for the small to medium business sector into their existing workflows and processes.

Key Points: 
  • An integration between Planck and the Duck Creek Platform gives insurers the ability to drive service and underwriting excellence, by connecting the most up-to-date data insights for the small to medium business sector into their existing workflows and processes.
  • Planck has solved the insurance industrys long-standing need for accurate, real-time business insurance insights, said Ernie Feirer, Head of U.S. Business at Planck.
  • By partnering with Duck Creek, we facilitate the delivery of those insights to the software platform where carriers manage risk.
  • Planck draws on a wide range of sources for data including online images, text, videos, reviews, and public records, to generate risk-related commercial insights using just a company name and address.

Planck Re Announces $12M Series A to Empower Commercial Insurers With AI Driven Insights

Retrieved on: 
Tuesday, July 3, 2018
Economy, Finance, Money, Actuarial science, Underwriting, Planck, Insurance, Unstructured data

NEW YORKand TEL AVIV, Israel, July 3, 2018 /PRNewswire/ -- Planck Re announces their first funding round of $12M to empower commercial insurers by generating insights that streamline the commercial underwriting process enabling insurers to instantly and accurately underwrite any policy.

Key Points: 
  • NEW YORKand TEL AVIV, Israel, July 3, 2018 /PRNewswire/ -- Planck Re announces their first funding round of $12M to empower commercial insurers by generating insights that streamline the commercial underwriting process enabling insurers to instantly and accurately underwrite any policy.
  • Founded in 2016, Planck Re is pioneering the commercial insurance data industry, providing an Artificial Intelligence (AI) driven data platform.
  • Delivering key insights: Using the latest advances in AI and machine learning (ML) - including image processing capabilities & semantic analysis of unstructured data - Planck Re is able to gain detailed and accurate insights about any commercial business.
  • Highlighting any changes through continuous monitoring, Planck Re ensures the provision of an up-to-date, intelligent business profile making renewals easy and automated.