Loss Run Processing
Access loss history data and insights faster
Increase efficiency and cut costs by automating loss run processing with Roots. Get loss run data to your underwriters faster with Roots' Loss Run AI Agent automating data extraction and data entry and ensuring data accuracy.

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Achieve a dramatic 90% reduction in loss run report processing time with Roots without sacrificing accuracy. Give your underwriting team extra time for risk assessment activities and high-quality data to use.

Reduce quote cycle times and smooth demand peaks by automating data extraction from loss run with 98% accuracy, as well as adding underwriting and clearance team capacity without increasing staff.

Take control of your loss run processing with Roots and use AI to significantly cut costs and reduce reliance on Business Process Outsourcers (BPOs). Gain greater control over your underwriting data pipeline.
CHALLENGE
Slow and inefficient loss run processing is losing you business
Extracting detailed exposure and loss histories from a mix of structured and unstructured data is a challenging task, especially when each carrier has its own format. Manual processing of loss data, or reliance on BPOs to supply accurate data, slows down the process. These inefficiencies result in longer quote times and missed business opportunities. You can fix this.

Instant Loss Run Data and Faster Quotes
Roots allows you to access loss run data instantly and deliver quotes quickly and without delay. Our Loss Run AI Agent is specially trained to process loss run reports 90% faster and more accurately than manual methods. Let Roots streamline your risk assessment data acquisition, accelerate quote times, and improve job satisfaction for underwriting and clearance team members.
Insurance AI Agents Support Across Business Lines

How It Works
How Automated Loss Run Processing Works?
Automated Classification
New loss runs are automatically identified as part of the submissions intake process and separated from larger documents
Standalone Files
Automated monitoring of a document repository identifies individual loss run files for processing
Loss Run Data Extract
The Loss Run AI Agent identifies and extracts over 20 standard loss run data points including:
- Policy Number
- Policy Period
- Claim Number
- Date of Loss
- Date of Report
- Description of Loss
- Claim Status
- Paids
- Reserves
- Total Incurred
Augment with 3rd Party Data
Loss run data can be augmented with data from a third parties and in-house systems to support risk assessment activities
Data Input
Loss run data automatically added to appropriate quoting systems
Underwriter Notification
Notifies the underwriting team that a loss run is ready for review
BENEFITS
Eliminate Submissions Backlog and Automate Loss Run Processing with Roots
- Process loss run reports 90% faster and with greater accuracy.
- Reduce quote times and smooth demand peaks by automating the extraction of data from loss run documents.
- Increase underwriting and clearance team capacity without increasing staff.
- Reduce reliance on BPOs and external costs by automating loss run processing and gaining greater control over your processes and data.