From broker slip to quote. Automatically.
More marine submissions, quoted. Indico automates marine underwriting from submission through quote — structuring slips and schedules, enriching vessel and voyage detail, evaluating against your appetite, and executing your rating logic to generate the quote.
Why marine submissions
stall before underwriting starts
Marine underwriting depends on detail scattered across slips, schedules, and third-party sources. Assembling a complete picture of a vessel, a voyage, or a cargo programme takes longer than underwriting it.
Slips and schedules arrive in every format
Broker slips, fleet lists, vessel schedules, cargo declarations, and bordereaux — each structured differently, each requiring manual normalization.
Vessel and voyage detail is incomplete
IMO numbers, flag, class, tonnage, year of build, management, commodity, packing, and trading limits arrive partial, inconsistent, or buried in correspondence.
Risk data sits across separate sources
Vessel tracking, classification records, port state control history, sanctions lists, and port accumulation all live in different systems. Underwriters connect them by hand.
Volume outpaces capacity
Marine runs on high submission counts and modest premium per risk. Preparation time decides how much of the flow gets quoted at all.
From slip to quote:
how Indico automates marine underwriting
Indico brings together broker slips, fleet lists, cargo declarations, loss runs, third-party vessel and voyage intelligence, appetite rules, and carrier-defined rating logic — then executes the work required to move the right risks forward.
Ingest
Connects and extracts instantly
Extraction Agents unbundle marine submissions, capturing data from slips, fleet lists, cargo declarations, and loss runs.
Enrich & Validate
Fills gaps, fast
Enrichment Agents append vessel, voyage, and port data, flagging missing particulars, sanctions exposure, and conflicts.
Execute
Appetite, rating, quote
Underwriting Agents evaluate risks against your appetite, execute your rating logic, and generate the quote.
From hours to seconds.
Convex keeps underwriting work moving.
Convex cut manual handling to seconds with Indico, streamlining SOV and loss run ingestion and routing so underwriting work flows faster.
“We’ve achieved more with you in 8 weeks than we have in 3 years with other vendors in this space…and I think that the people at Indico have actually made it a really enjoyable process.”
Real stories. Real insights.
The Unstructured Unlocked Podcast.
Real conversations with insurance leaders re-thinking how insurance work gets done.
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