Planck

Risk intelligence by AI for commercial insurance underwriting

Assurance & banque

Overview

Planck is an Israeli-American insurtech specializing in risk intelligence for commercial insurance (business P&C lines). Its Planck PLUS platform aggregates thousands of public and third-party data sources to generate an enriched risk profile for each insured business in seconds, directly in the underwriting workflow. Result: underwriters cut information research and validation time by 80%.

Planck PLUS now embeds GenAI capabilities (GPT-enhanced underwriting workbench) to formulate recommendations in natural language, flag emerging risks, and suggest follow-up questions for brokers. The platform is distributed via Ivans to North American insurers, expanding into Europe. It targets SMEs underwritten for GL, commercial multi-peril, and builders risk.

Our verdict

Highly effective for business P&C insurers seeking to automatically enrich underwriting files without multiplying manual data sources. Concrete time savings for underwriters. Less relevant for personal insurance, life, or personal lines: the engine is calibrated for business data, not individual profiles.

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