Reporting says Underwriting by AIG Assist lets underwriters review more submissions and quote faster, with no figure attached.
AIG is extending two in-house tools across more of its business: Underwriting by AIG Assist, which reads submissions and drafts material for underwriters, and Claims by AIG Assist. The reporting says the underwriting tool lets underwriters work through more submissions and produce quotes faster. It also says the financial effect on AIG is hard to separate from everything else in its results.
The source's own statement, as linked above. Nothing beyond it has been independently checked by us.
No submission counts, quote turnaround times or loss figures were published. This is an analysis piece drawing on AIG's own statements, not an independent measurement.
Brokers placing commercial accounts with AIG may see faster turnaround on clean, complete submissions. Nothing reported says how incomplete submissions are handled by the tool.
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