IntellectAI launches Magic Placement built on Purple Fabric
India, April 17 -- IntellectAI , an Insurtech Transformation Partner with end-to-end, AI and data-powered underwriting solutions from Intellect Design Arena , today announced the launch of Magic Placement, a cutting-edge addition to its digital underwriting and distribution ecosystems for agents, brokers, and wholesalers. This powerful new capability leverages Agentic AI and Large Language Models (LLMs) from IntellectAI's Business Impact AI Platform, Purple Fabric, to deliver faster, cheaper, more consistent, and accurate policy, quote, and binder comparisons.Brokers routinely handle large volumes of complex documents, including quotes, binders, new business, and expiring policies. Comparing these insurance documents is a tedious, time-cons...
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