Convr AI®, a leader in AI-driven underwriting solutions, has partnered with the Public Employer Risk Management Association, Inc. (PERMA) to implement its Intake AI module, announced on August 5, 2025. This collaboration digitizes and standardizes loss runs for over 800 public entities in New York State, enhancing efficiency in workers' compensation underwriting.
Convr AI enables PERMA with its Intake AI module for workers' compensation.
Serves over 800 public entities in New York with digitized loss run processing.
Eliminates manual data entry, boosting efficiency and profitability.
Implementation completed in just one month, setting a record for speed.
Enhances underwriting with AI-driven data insights and risk scoring.
Supports top carriers, MGAs, brokers, and reinsurers in commercial P&C insurance.
Convr AI’s Intake AI module automates the ingestion, splitting, classification, and prioritization of data from structured and unstructured documents, transforming PERMA’s underwriting operations. “While it’s impressive that Convr is actively transforming PERMA’s underwriting operations, it is even more applause-worthy that our implementation was completed in just one month,” said John Stammen, Chief Executive Officer at Convr. By digitizing and standardizing loss runs, the solution eliminates manual data entry, saving time and reducing errors. This enables PERMA, which provides strategic workers’ compensation coverage and workplace solutions to over 800 public entities, to improve work quality and profitability.
The partnership’s rapid one-month implementation highlights Convr’s ability to deliver swift, effective solutions tailored to client needs. Intake AI extracts key data points and augments them with third-party data to create comprehensive risk profiles, enabling faster and more accurate underwriting decisions. “Not only are we saving the association time and money, but we executed their request in record time – increasing their trust in Convr’s ability to execute on their expanding needs,” Stammen added. This efficiency aligns with Convr’s track record of supporting major commercial P&C insurance organizations, including top 20 carriers, MGAs, brokers, and reinsurers, as noted on their website.
Convr’s modularized AI workbench leverages technologies like optical character recognition (OCR) and natural language processing (NLP) to streamline the entire submission-to-quote process. It provides underwriting prioritization, business classification, and risk scoring, driving premium growth and operational efficiency. The success with PERMA follows Convr’s earlier partnership with WCF Insurance, which expanded from workers’ compensation to commercial auto in 2024, demonstrating its versatility across insurance lines. With a focus on data-driven decision intelligence, Convr continues to revolutionize commercial insurance underwriting, as highlighted in posts on X.
Convr AI’s partnership with PERMA underscores its leadership in AI-powered underwriting, delivering rapid, efficient, and scalable solutions. By automating loss run processing and enhancing risk assessment, Convr empowers PERMA to better serve its public entity clients, setting a new standard for workers’ compensation insurance operations.
Intake AI ingests, splits, classifies, and prioritizes precise data from structured and unstructured documents – in PDF, Excel, email, Word formats and more, to automate and enrich clearance, rating and/or loss analysis workflows.
Convr is a modularized AI underwriting, data, and intelligent document automation workbench that enriches and expedites the commercial insurance new business and renewal submission flow with underwriting prioritization, insights, business classification and risk scoring. It delivers premium growth and efficiency for commercial P&C insurance organizations of all sizes, including many of the top 20 carriers, MGA's, brokers, and reinsurers. Convr is revolutionizing the industry through data, discovery and decision intelligence.
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