Relativity6 Launches AI-Powered Hazard Flags to Detect Risk in Commercial Insurance Submissions

CAMBRIDGE, Mass., March 16, 2023 ~ Relativity6, a Boston-based AI solutions provider, has announced the launch of its latest product, Hazard Flags. The tool utilizes advanced machine learning algorithms to detect potential risks in commercial insurance submissions, helping insurers streamline their underwriting processes and make better-informed decisions.

Hazard Flags enables insurers to quickly and accurately identify potential hazards and red flags in insurance submissions. By analyzing large amounts of data from digital footprints in real-time, the technology flags risks for underwriters to review and make more informed policy decisions.

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According to Relativity6 CEO Ringvald, Hazard Flags has the potential to revolutionize the way and speed at which insurers underwrite commercial policies. Automating a key part of the risk assessment process can help insurers reduce their workload and increase their efficiency, allowing them to focus on providing the best possible service to their clients.

The release of Hazard Flags comes at a time when insurers are increasingly turning to artificial intelligence to improve their underwriting processes. With more data than ever before available to insurers, the ability to quickly and accurately analyze that data is becoming essential.
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