Automate Loss Run Processing for Faster, More Accurate Quotes

Loss run analysis is critical for underwriting accuracy, but manually extracting data from loss run reports — which arrive in dozens of different carrier formats — is slow and error-prone. We automate the entire process: ingesting loss run files, extracting key fields, and populating your underwriting systems with 98% accuracy.

98%Data extraction accuracy
90%Faster loss run processing
90%More data from submissions

Alfabolt stepped in and took over support of our digital platform and internal systems, They quickly ramped up and were not only able to significantly improve our functionality, but saved us 50% on our hosting and infrastructure costs! After just a few short months they are a completely integrated part of our team!

Julie Zimmer

Julie Zimmer

Chief Executive Officer - LuckyTruck

What impressed us most about Alfabolt was their unwavering commitment to meeting all deadlines and their outstanding communication. They consistently delivered on time, which greatly contributed to the smooth progression of our project. Their clear, proactive communication ensured that we were always on the same page, making the entire development process efficient and stress-free. This level of dedication and responsiveness truly set Alfabolt apart.

Maiuran Loganathan

Maiuran Loganathan

Chief Executive Officer - Pine

Good, reliable developers who care about your project as much as you do are extremely hard to find. Alfabolt provides you with a team of such developers. They are very professional and always take the time and energy to do what's best for the project. I've really enjoyed working with them and know it won't be the last time.

Melanie Aronson

Melanie Aronson

CEO - Panion

We were impressed with their response times and knowledge, especially from their senior developer that we hired.

Daniel Tovesson

Daniel Tovesson

CTO - Bej Technologies AB

How loss run automation works.

From raw loss run PDF to structured underwriting data — in seconds.

01

Ingest Loss Run Files

Automatically receive and ingest loss run reports from email, broker submissions, and carrier downloads in any format.

02

AI-Powered Data Extraction

Extract policy numbers, claim numbers, loss dates, loss descriptions, paid losses, reserves, total incurred, and more from any carrier format.

03

System Population

Populate loss run data into underwriting workbenches and agency management systems to accelerate quote preparation.

Loss run processing capabilities.

Multi-Carrier Format Support

Pre-built models handle different carrier loss run formats — no need to build custom parsers for each carrier.

Comprehensive Data Extraction

Extract all key fields: policy period, claim number, date of loss, description, claim status, paid losses, reserves, and total incurred.

System Integration

Populate extracted data directly into underwriting and agency management systems for immediate use in quoting.

Why loss run automation accelerates underwriting.

Loss history is the foundation of accurate pricing. Faster, more complete loss data means faster, more accurate quotes.

Eliminate manual loss run transcription

Stop re-typing loss data from PDFs into spreadsheets and underwriting systems. The AI handles extraction automatically.

Better risk evaluation

Complete, accurate loss data gives underwriters a clearer picture of risk history for better pricing decisions.

Any carrier format, same workflow

Whether the loss run comes from Progressive, Travelers, or a specialty carrier, the extraction pipeline handles it consistently.

Loss run workflows we automate.

Broker submission loss runs

Extract loss data from loss runs attached to broker submission packages for immediate underwriting use.

Learn more

Loss trend analysis

Analyze extracted loss data to identify trends, frequency patterns, and severity indicators for risk assessment.

Renewal loss run processing

Process renewal loss runs to compare year-over-year loss experience and support renewal pricing decisions.

Loss run automation FAQs

Our pre-built models handle most major carrier loss run formats out of the box, and we can quickly train new models for specialty carrier formats.

Policy number, policy period, claim number, date of loss, date of report, description, claim status, paid losses, reserves, total incurred, and more.

Yes. We integrate with underwriting workbenches and rating engines to populate loss data for immediate use in the quoting process. This pairs with our submission intake automation for end-to-end underwriting efficiency.

98% accuracy across standard formats. Edge cases and unusual layouts are flagged for human review to maintain quality.

Related Automation Workflows

Explore more purpose-built automation solutions for your insurance operations.

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Ready to automate?

Book a free intro call. We'll map out your workflows and show you exactly what we can automate — and how fast.

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