Data quality impacts premiums, policies, and profitability.
Enriched data leads to accurate underwriting decisions. Binary data, on the other hand, can result in underpriced or overpriced premiums.
Underwriters rely on third-party datasets to augment client information. However, this data lacks context. Insurers face a polycrisis with geopolitical risks, economic downturns, third-party risks, and cybersecurity threats. Databases lack this nuance, leading to inaccurate pricing.
Increase revenue by 70% with enriched client data
Underwriters need contextual risk profiles to price premiums accurately. Xapien’s AI automates deep due diligence across licensed data sets, official registries, and the entire indexed internet. It then summarises its findings into a fully-sourced report on the company and the individuals behind it. This leads to better risk-based decisions, reducing under or over-pricing.
Instant insight on policyholders
“Bringing Xapien's AI into our platform equips insurers with the tools they need to make more informed decisions about the risks they write."
Juan de Castro, Chief Operating Officer at Cytora
Xapien is an AI-powered research tool that provides a clear view of companies, their leadership, and their directors, with a chronological timeline of historical risks and adverse media to shape accurate risk assessments. Xapien pulls data from 0.5 billion corporate records, PEPs, sanctions, watchlists, and the entire indexed internet. Xapien uncovers hidden connections within complex corporate structures and personal networks, summarising these insights into clear, concise reports.
Zurich
Zedra
YFM Equity Partners
Hopehead
Griffin
Cytora
Zurich conducts thorough investigations on Commercial Companies as part of their operations. The process involves collecting data from multiple records to validate policy responses and ensure accurate risk assessments. This used to be a time-consuming, labour-intensive process.
With Xapien’s AI-powered technology, Zurich’s claims investigations team gather comprehensive corporate information about individuals in 10 minutes. Zurich uses these reports to make quick, confident decisions about all investigation subjects, protecting the institution from risk.
Customer Stories
Zurich Insurance
Dow Jones’s Risk & Compliance team recognised a growing need for deep and broad due diligence on an increasing number of counterparties. But clients also needed their programs to be cost effective, while delivering results fast. Dow Jones wanted to transform the due diligence process for its clients.
By partnering with Xapien, they reduced the amount of time needed to run a background check from days to minutes. The combination of Xapien’s groundbreaking AI and Dow Jones’s world-leading data set is reshaping risk management workflows, creating an additional layer of investigation that can be deployed at scale. Together we are pioneering the future of risk mitigation, harnessing GenAI and other emerging technologies responsibly to facilitate smarter, faster decision-making.
Customer Stories
Dow Jones Risk & Compliance
Xapien in 30 seconds
Our packages
Single-team
You're a small organisation struggling to keep up with research volumes. How can you scale your research capabilities to meet growing demands without compromising on quality?
Multi-team
You're an established business with a combination of tools and manual processes. You know you could be more efficient, so what could fully automated research unlock for you?
Enterprise
You're a large enterprise with growing regulatory compliance and reputational risks. You need an enterprise solution that can keep up.
I'm a single user — can you help?
Xapien streamlines due diligence
Xapien's AI-powered research and due diligence tool goes faster than manual research and beyond traditional database checks. Fill in the form to the right to book in a 30 minute live demonstration.