Solutions, By function, Underwriting

The book, read end-to-end

Underwriting is more than the new-business submission. It is the early renewal, the mid-term endorsement adding millions in TIV, the broker's limit request, the inspection report. Owl reads everything that hits the desk, builds the record, prices against your reference book, and drafts the work.

Where the underwriting day spends itselfIndustry baseline, n=4.2M UW transactions
New submissions
38% of UW desk volume
11 day cycle
Renewals
44% of UW desk volume, the bigger book
6 day cycle
Endorsements, MTAs
12% of UW desk volume, most rushed
2 day cycle
Referrals, authority
4% of UW desk volume, highest stakes
4 day cycle
Audit, re-UW, portfolio
2% of UW desk volume, happens too rarely
quarterly

60%

Of UW day spent re-keying data

46%

Submissions declined unread

1.4×

Renewal volume vs. new business

03Examples across the underwriting lifecycle

Pick a moment in the underwriting day. See what Owl reads, decides, and drafts.

New business, renewal, mid-term endorsement, referral and portfolio review: same three agents, same discipline, different work product.

OwlVision
What it read
Acord 125 + 140 + supplemental
22 pp
Read, Indexed
SOV (412 locations)
1 pp
Read, Geocoded, COPE
Loss runs, 5 yr, 3 carriers
64 pp
Read, Normalized
Broker email + cover letter
6 pp
Read, Story extracted
Structured extraction
Submission CP-2026-21884, Mid-Atlantic retail REIT, 412 locations, TIV $1.84B, effective 2026-07-01, incumbent declined renewal, 4 prior wind/hail losses >$250K, roof age >15yr on 28% of schedule, CAT exposure: 11% in tier-1 wind, 4% in convective-storm corridor
OwlSignal
What it cross-referenced
high
Loss-run, undisclosed claim

Loss-run shows a 2023 fire loss of $1.4M at Location #144 (Norfolk VA) coded "miscellaneous"; not surfaced in broker email or supplemental. ISO ClaimSearch confirms total loss + business interruption.

mid
ITV gap, CoreLogic + RSMeans

38 locations report Coverage A below 70% of reconstruction cost per CoreLogic + RSMeans regional index. Schedule-wide ITV gap ~$112M. Subjectivity: Marshall & Swift verification on top-25 TIV locations.

low
Roof-age outliers, permit data

County permit data shows roof replacement on 41 locations not reflected on SOV. Likely adjustment in insured’s favor; request updated SOV before bind.

OwlAssist
What it answered
Examiner asked
What’s our indication and what subjectivities should we attach?
Owl answered in 0.9s

Quote at $4.62M premium with $250K AOP / 3% wind deductible, RCV with 115% margin clause. Indication is 8% above expiring on +14% TIV growth, defensible against the loss history once the undisclosed Norfolk fire is added. Attach four subjectivities: M&S verification on top-25 TIV, roof-age cert on schedule >15yr, sprinkler tag on Location #144, and signed loss-run reconciliation. Indication memo, quote letter and subjectivity list drafted.

ISO ClaimSearch, Norfolk fire 2023CoreLogic ITV index 2026Q1RSMeans Mid-Atl retailCounty permit, 41 roofs

How Owl plugs into the underwriting day. Submission to renewal to portfolio.

01OWL

Inbox, queue

Submissions, renewals, endorsements, broker questions and inspection reports arrive together. Owl reads everything in seconds and writes structured records into your PAS.

02OWL

Clearance, appetite, referral

Conflict, BOR, appetite, capacity, treaty, authority: checked on every transaction. The right work hits the right desk before the broker has refreshed their inbox.

03UNDERWRITER

Underwriter takes ownership

Loads the account with structured exhibits, year-over-year drift, external signals, and a draft posture (quote / renew / endorse / decline / refer). Validates and edits.

04OWL

Owl drafts the work product

Indication, quote, renewal terms, endorsement pricing, declination, referral memo, broker reply. Every span cited. UW approves with one click.

05UNDERWRITER

Bind, audit, portfolio

UW makes the call. Owl writes the bind, books to PAS, files the audit trail, and feeds the data into portfolio + treaty views the CUO sees on Monday.

05What changes

Numbers from carriers running Owl across the underwriting day.

MetricWithout OwlWith Owl
Submission → quoteable file9 hr38 min
Renewal cycle, mid-market6 days1.4 days
Endorsement turnaround2 days3 hr
Accounts touched / UW / day5.117.4
Hit ratio, quoted business18%27%
Renewal retention, target accounts74%88%
Loss-ratio drift, 24mo new biz+6.4 pts+1.1 pts
Submissions / renewals declined unread46%4%
Source: rolling 12-month average across 5 carriers, n = 612K submissions, 1.1M renewals, 218K endorsements, P&C, Specialty and Group books combined.

Built for the regulatory shape of multi-state, multi-line underwriting.

Fair Credit Reporting, FCRAAdverse-action notice generation with the file references that triggered the decision.
NAIC Model #880, price optimizationDecision-explainability and rate-justification per account, per renewal cycle.
NY DFS Reg 187, best interestSuitability documentation per account, per renewal cycle.
Surplus lines, SLAState-by-state diligent-search, eligibility and stamping compliance per filing.
Reg AI, Colorado SB21-169Bias testing, model lineage, decision-explainability per quote, renewal and endorsement.
SOC 2 Type IIAnnual audit, continuous control monitoring.
HIPAA, HITECHPHI segmented per tenant for medically-underwritten lines. Detailed access log.
Records retention, re-UWFull account history reconstructable per state, per LOB, per renewal cycle.
07Integrations

Lives where your underwriting team lives.

Policy admin systems

Guidewire PolicyCenter, Duck Creek, Majesco, Insurity, Sapiens, in-house

Submission + renewal intake

Outlook, Salesforce, Bold Penguin, Indio, AppulateOne, Whitespace

Industry data

ISO ClaimSearch, Verisk, LexisNexis, CoreLogic, NCCI, D&B, FMCSA, ZoomInfo

Broker connectivity

ACORD AL3/XML, email, APIs, Lloyd’s PPL, WTW Quantum

Rating, actuarial, portfolio

Earnix, Akur8, in-house rating, reference book, treaty cession ladder

Identity & SSO

Okta, Azure AD, PingFederate, SAML, SCIM

08Get started

Bring us a week of inbox. We’ll send back the file your UW would have built, for every account on it.

Two-week pilot. Your stream, your tenant, your appetite. We measure submission-to-quoteable time, renewal-cycle, endorsement turnaround, hit ratio, retention and loss-ratio drift against your team’s ground truth.