Insurance underwriting

AI EMPLOYEES

Automate underwriting with agentic AI

Accelerate risk assessment, eliminate manual data gathering, and scale underwriting capacity with an AI employee that works 24/7.

Insurance underwriting

Insurance

872

Running

10x

Faster quote turnaround

AVG IMPLEMENTATION TIME

3 weeks

AUTOMATION SUCCESS RATE

90%+

PILOT TO PRODUCTION RATE

1:1

AVG IMPLEMENTATION TIME

3 weeks

AUTOMATION SUCCESS RATE

90%+

PILOT TO PRODUCTION RATE

1:1

AVG IMPLEMENTATION TIME

3 weeks

AUTOMATION SUCCESS RATE

90%+

PILOT TO PRODUCTION RATE

1:1

Underwriters weren’t hired to do data entry…

Time wasted

Underwriters spend hours gathering info from PDFs, portals, and spreadsheets—leaving less time for actual risk analysis.

60–70% of underwriting time is spent on non-judgment work

Slow turnaround = lost deals

Manual workflows delay quotes and approvals, frustrating brokers and costing business.

Every extra day cuts win rates and hurts broker satisfaction

Data inconsistencies

Copy-paste errors and scattered data sources lead to oversights and inconsistent risk scoring.

Manual errors = unpredictable loss ratios

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Let agentic AI do the repetitive work—so your underwriters can do theirs

Automate data collection and extraction

Magical pulls structured and unstructured data from submissions, portals, and internal systems—instantly and accurately.

Summarize risk indicators automatically
Summarize risk indicators automatically
Summarize risk indicators automatically

AI reads loss runs, applications, and third-party data sources to surface key risk signals and missing information for underwriter review.

Prepare quote-ready packets 10x faster
Prepare quote-ready packets 10x faster
Prepare quote-ready packets 10x faster

Magical generates a clean, complete file for human review or downstream rating—no toggling between systems.

Secure, compliant, and audit-ready
Secure, compliant, and audit-ready
Secure, compliant, and audit-ready

All data is processed locally with zero storage—perfect for regulated environments.

How it works: Implement in minutes not months

How it works: Implement in minutes not months

Step 1: Book a demo

See how Magical fits into your underwriting workflow—no need to change core platforms or rating engines.

Step 2: Deploy Magical

See how Magical fits into your underwriting workflow—no need to change core platforms or rating engines.

Step 3: Automate forever

Magical works 24/7 to process submissions, flag gaps, and prepare risk-ready files at scale.

Step 2: Deploy Magical

Work with our team to set up your AI employee in a matter of days

Step 3: Automate forever

Magical works 24/7 to process submissions, flag gaps, and prepare risk-ready files at scale.

Measurable results for underwriting and operations teams

10x

Faster quote turnaround

Respond to brokers in hours—not days.

70%

Reduction in manual prep work

Cut the copy-paste and streamline every submission.

6X

More accurate risk reviews

Standardized data prep means no missing fields or overlooked red flags.

500+

Hours reclaimed per month

Let underwriters focus on judgment, not paperwork.

What insurance leaders are saying

“Magical gives us underwriting leverage. We’re quoting faster, with more consistency, and our team finally has time to focus on higher-complexity deals.”

Head of Commercial Lines, National P&C Carrier

Head of Commercial Lines, National P&C Carrier

“It felt like we were falling behind on every submission. With Magical, we’ve cut prep time by 70% and our brokers have noticed.”

VP of Distribution, MGA

VP of Distribution, MGA

Security & compliance

HIPAA compliant

Magical processes all data locally with zero PHI storage

SOC 2 Type II certified

Enterprise-grade security with regular third-party audits

Secure Authentication

Single Sign-On (SSO) and multi-factor authentication options

Ready to unlock scale and speed in underwriting—without hiring?

Frequently asked questions

Frequently asked questions

Frequently asked questions

What types of underwriting can Magical support?

Property & casualty, life, commercial, personal lines, and specialty—all can benefit from automated data prep, extraction, and risk flagging.

How is this different from RPA or OCR tools?

Magical goes beyond screen-scraping—it uses agentic AI to interpret documents, navigate portals, and act like a junior underwriter, not just a data bot.

Does Magical integrate with our rating engine or core system?

Magical works on top of any system—no integration, no APIs, no IT lift.

How does Magical handle complex or incomplete submissions?

It flags missing fields, outdated info, or inconsistent documents for human review—so nothing slips through unnoticed.

Can Magical help us scale without adding headcount?

Yes. Most teams use Magical to 2–3x their underwriting throughput without hiring or sacrificing accuracy.