Press Release: Partner Announcement
Concirrus and Diesta Partner to reduce the time from Quote-to-Cash in the Specialty Insurance Market
Loss Run Intelligence
Turn any carrier’s loss runs into clean,
rating-ready data in minutes, with 99% accuracy.
Transform chaotic documents into a clean, intelligent da
Our AI Loss Run extraction tool is purpose-built for insurance documents. It doesn’t just read text; it understands the context of claims, policies, and financial data, delivering 99% accuracy across all carrier formats.
Core Capabilities
Loss run data arrives organised and enriched so you can move straight to the real analysis. Every submission progresses without delay
Universal Ingestion Engine
Any format and any carrier supported.
40-Point Loss Run Data Model
Mapped and normalised for downstream rating engines.
Rating-Ready Outputs
CSV or API feeds delivered instantly.
Advanced Validation
Automated logic checks ensure that Paid plus Outstanding equals Incurred.
Instant digitalisation using OCR and LLM models
Your tool extracts from PDFs, scanned images, Excel, and photos. It adapts to any carrier format.
Purpose-built for insurance documents
It understands claims, financial values, policy structure, and loss metrics with contextual accuracy.
Rating-ready outputs delivered instantly
Cleansed data is structured into a standard loss run schema so underwriting, pricing, and portfolio tools can use it immediately.
How it works: Your Workflow
Accuracy and Performance
- 99 percent extraction accuracy
Reduces rework and manual oversight. - 95 percent faster processing
Complex files processed in under five minutes.
Why It Matters.
Turn complex and large loss run files into organized, rating-ready CSV or API outputs instantaneously.
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Instant Quotes Move from submission to quote in record time.
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Real-Time API Feed data directly into your rating engine or underwriting workbench.
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Batch Processing: Combine multiple loss runs per insured in a single submission
Why Loss Runs Slow You Down
- PDFs, scanned images, and inconsistent spreadsheets create manual drag.
- Errors in re-keyed data undermine pricing accuracy.
- Financial calculations often have to be rebuilt downstream.
“This technology is invaluable in enhancing our efficiency and accuracy, allowing us to stay ahead of the competition.”
Mr. Dan Malloy, CEO, UnitedRisk
Want to speak to someone who understands loss runs and automation inside out? Let’s connect.
Industry Insights
Available on Demand: Risk Transfer 2030 Webinar
Get ahead of the biggest shifts in risk transfer by 2030
Why Recognition Matters: Building the Future of AI-First Underwriting
Why Concirrus Is Among the UK’s Top InsurTechs. Discover how AI-first underwriting is redefining speed, precision, and trust in specialty insurance.
