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Enhance Commercial Lines Risk Assessment with Web Scraping
Benefits:
Efficiency, Improved Decision-Making
Category:
Underwriting & Risk Assessment
Use Case
Assessing risk for commercial clients often requires gathering information from diverse online sources, such as news articles, company websites, social media, and public records. Manually collecting and analyzing this data is inefficient. LLMs can automate web scraping and analysis, extracting relevant information about a business's operations, financial health, reputation, and potential exposures from unstructured online text. For example, an LLM could scan news feeds for recent safety violations or lawsuits involving a potential commercial insured.
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