Convr
AI underwriting workbench digitizing and enriching commercial P&C insurance submissions
Overview
Convr is the leading AI company digitally transforming commercial P&C insurance, enabling a frictionless underwriting experience. Founded in 2016, the Schaumburg, Illinois-based company provides an AI underwriting workbench that digitizes and enriches submissions with data to surface underwriting insights, business classification, and risk scores.
The company's patented AI engine powers an Underwriting Command Center that brings together data, discovery, and decisioning intelligence. Commercial insurance organizations, including three of the top 10 carriers, trust Convr to help transform their underwriting experience with straight-through processing and more comprehensive data.
Convr's platform can reduce application questions by over 70% and increase underwriting productivity by up to 10x. In 2025, the company expanded its capabilities with agentic AI, adding referral, declination, financial analyst, and underwriting authority workflow agents.
Products & Services
d3 Intake
Reads and digitizes submission paperwork including ACORD applications and loss runs to reduce manual data entry.
Key Features
- Automated document reading
- ACORD form processing
- Loss run digitization
- Data extraction and validation
Target Users: Underwriting Assistants, Operations Teams
d3 Risk 360
Provides additional insights on risks from thousands of data sources.
Key Features
- Multi-source data enrichment
- Business classification
- Risk profiling
- Hazard identification
Target Users: Underwriters, Risk Analysts
d3 Answers
Uses AI to respond to underwriting questions automatically.
Key Features
- AI-powered Q&A
- Underwriting guidance
- Knowledge base integration
- Real-time responses
Target Users: Underwriters, New Business Teams
d3 Risk Score
Enables risk selection and prioritization to focus downstream underwriting resources.
Key Features
- Automated risk scoring
- Submission prioritization
- Triage workflows
- Appetite matching
Target Users: Underwriting Managers, Operations Leaders
At a Glance
- Founded
- 2016
- Headquarters
- Schaumburg, IL
- Employees
- 51-100
- Funding
- $18.2M (Series B)
Category & Focus
- Category
- AI & Automation
- Subcategories
- Underwriting Document Processing Data Enrichment
- Insurance Verticals
- Commercial P&C
- Target Customers
- Carriers, Reinsurers, MGAs
Customers
- 3 of the top 10 commercial carriers
- Multiple MGAs and reinsurers
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Last updated: 2026-03-25