Indico Data

What is Indico Data?

Indico Data is an AI platform for commercial insurance underwriting. It turns unstructured submission material such as emails, documents, spreadsheets, loss runs and statements of values into structured records, screens submissions against carrier appetite and guidelines, and routes work toward quoting.

Key capabilities of Indico Data

• Submission extraction: ingests and extracts data, then validates and enriches it into one record.
• Appetite screening: applies carrier-defined rules to prioritize and route submissions, with stated rationale.
• Quote preparation: automates quotes, correspondence and delivery to policy admin systems.
• Human review: configurable rules and review requirements where judgment is needed.
• Deployment: headless via APIs or through Indico Workspaces.

How Indico Data works

Submissions arrive by email or upload. Indico extracts and validates the data, checks it against the carrier's appetite, explains how it was routed, prepares the quote and pushes records to core systems, with underwriters reviewing where required.

Who uses Indico Data?

Commercial insurers, MGAs, London Market carriers and financial services firms across lines such as property, energy, marine, agriculture, cyber, workers' compensation and construction. The vendor reports 85% lower submission processing time.

Indico Data pricing

Indico does not publish pricing. The call to action is to schedule a demo.

Indico Data alternatives

Affinda extracts data from documents for many industries, not only insurance. Veryfi focuses on receipt, invoice and expense document capture. Extend provides document processing infrastructure for developers.