AiUP aids in the digitisation and automation of the insurance underwriting process. Credit: PopTika / Shutterstock.com.

AI-first digital engineering company Quantiphi has introduced its AI-led Intelligent Underwriting Platform (AiUP) on Google Cloud.

AiUP merges the expertise of Quantiphi’s intelligent document processing platform, Dociphi; Unqork’s codeless platform; and Google Cloud’s services (Document Al) and infrastructure. 

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

This platform will now appear as part of Google Cloud’s industry value network (IVN) solutions.

IVNs merge the capabilities and solutions that aid clients in addressing regular challenges in the industry.

Merging Quantiphi, Unqork and Google Cloud’s expertise through AiUP aids digitisation and automation of the insurance underwriting process. 

This approach helps insurers substantially cut the time required to conclude the complete underwriting process.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Quantiphi financial services and insurance global head Bhaskar Kalita said: “Our vision for AiUP is to be the end-to-end platform helping carriers automate the complex underwriting process in commercial insurance. Thereby improving application processing times, the user experience for brokers/agents and ultimately improving quote-to-bind ratios.”

Unqork global head of insurance Farooq Sheikh said: “Unqork is excited to partner with Quantiphi and Google Cloud to showcase the power of codeless technology to transform the insurance industry. 

“Through AiUP, insurers will be able to accelerate and digitize the underwriting process and enable accelerated servicing for their customers, for an improved and more enjoyable insurer and customer experience.”

In July 2022, Quantiphi formed a strategic deal with Unqork to launch the latter’s Dociphi, a third-party publisher programme that simplifies workflows for the insurance and financial services sector.