Patra, a provider of AI-powered software solutions and technology-enabled insurance outsourcing services, has expanded its Patra AI platform to support up to 85% of commercial insurance policy volume following a series of major product enhancements.
The update includes four key milestones for Patra AI: industry-first support for Commercial Package policies (CPP), improved AI model performance, the introduction of monthly subscription pricing, and new operational reporting capabilities, according to FF News.
Built to address the document-heavy nature of the insurance policy lifecycle, including policy checking, quote comparison, and the extraction and structuring of policy data, Patra AI combines advanced AI models with modern workflows to deliver high levels of accuracy.
This is supported by efficient human-in-the-loop processes that allow automated results to be validated in minutes. Customers can adopt Patra AI as SaaS products or work with Patra’s service delivery teams to manage workflows on their behalf, ensuring access to AI-driven efficiency and accuracy regardless of operating model.
The platform is designed to make enterprise-grade, AI-powered technology accessible to agents, brokers, and wholesalers of all sizes through simple monthly pricing for self-service users and competitive transactional pricing for full-service clients.
A key milestone is Patra AI’s new support for Commercial Package policies, which have historically posed challenges for automation due to their size and complexity.
These policies typically bundle multiple coverages into a single unstructured PDF that can span hundreds of pages, making manual review time-consuming and difficult to automate.
Patra AI can now accurately extract and analyse data across up to five lines of business within a single policy document, including commercial property, commercial general liability, commercial auto, workers’ compensation, and commercial umbrella.
“Support for Commercial Package policies has been a significant gap for AI-powered document automation in the insurance industry,” Patra senior vice president of product and service line management Will Dogan said. “The complexity of extracting and analyzing data from five different lines within a single unstructured document was a barrier holding back the reach of automation solutions – until now. By combining our latest AI advancements with a new SaaS subscription plan, we are ensuring that agencies of every size can now automate their most complex workflows with the same speed, efficiency, and 99.5% verified accuracy they’ve come to expect from Patra.”
In addition to CPP support, the Patra AI platform now covers 12 major commercial lines of business, including business owners policy, cyber liability, directors and officers, employment practices liability, professional liability, excess liability, and workers’ compensation. This breadth of coverage provides a single, integrated solution capable of addressing the majority of commercial insurance needs.
To reduce adoption barriers for mid-market and smaller agencies, Patra has introduced flexible SaaS subscription plans with fixed monthly pricing.
Subscriptions start at $99/month and include a 14-day free trial and unlimited user seats, with plans scaled according to policy volume. Patra reported that SaaS customers achieved more than 85% time reductions in policy checking workflows compared with manual methods, while one customer reduced annual policy checking expenses by $300,000.
Alongside the self-service option, Patra continues to offer a full-service model that combines Patra AI with execution by its global delivery teams, supported by fixed transactional pricing, faster turnaround times, and coverage for Patra errors and omissions.
Patra has also introduced new activity and performance reporting features within the platform, giving agency leaders greater visibility into usage, workflow efficiency, and return on investment.
With export functionality for deeper analysis, these insights are intended to help agencies improve productivity, accountability, and overall operational effectiveness. Insurance groups can engage with Patra to schedule demonstrations or learn more about SaaS and full-service deployment options.
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