Stop Dreading Premium and Refund Calculations

Automate insurance rate calculations for premiums, refunds, commissions, and reserves—accurately, every time.

Manually crunching numbers for every adjustment or commission eats up your focus and patience. One error can mean hours of backtracking and corrections, leaving you frustrated and behind on other work.

The hidden cost

What this is really costing you

Calculating premiums, refunds, commissions, and reserve adjustments using insurance rate standards is tedious and error-prone. Each case requires careful review of policy details, rate tables, and documentation. Even a small mistake can lead to financial discrepancies and time-consuming corrections.

Time wasted

0.8 hrs/week

Every week, burned on work an AI agent handles in minutes.

Money lost

$1,160/year

In salary, missed revenue, and operational drag — annually.

If you keep ignoring it

If you keep doing it manually, you'll continue to lose time on repetitive calculations, risk costly errors, and struggle to keep up with higher-value tasks.

Return on investment

The math speaks for itself

Today — without agent

0.8 hrs/week

of manual work

$1,160/year/ year

With your AI agent

0.2 hrs/week

agent-handled

$290/year/ year

You save

$870/year

every year, reinvested into growing your business

Jobs your agent handles

What this agent does for you

Complete jobs, handled end-to-end — so your team focuses on what matters.

Calculate a New Policy Premium

You ask your agent to determine the premium for a new customer based on their coverage details and rate tables.

Process a Policy Refund

You ask your agent to compute the refund amount when a customer cancels mid-term, factoring in all fees and adjustments.

Update Reserve Requirements

You ask your agent to recalculate reserves after a policy change, ensuring your records stay compliant and accurate.

Break Down Agent Commissions

You ask your agent to generate a commission report for a specific policy or time period, based on the latest rates.

How to hire your agent

1

Connect your tools

Link your account management, billing, and claim processing systems so the agent can access the data needed for calculations.

2

Tell your agent what you need

Type a prompt like: 'Calculate the refund due for policy #12345 after cancellation on 5/10/2024, including all adjustments.'

3

Agent gets it done

The agent returns a detailed calculation with all supporting figures and a downloadable report for your records.

You doing it vs. your agent doing it

Look up rate tables, check policy details, and do the math by hand.
Agent instantly computes premium using all relevant data.
30 min/case
Manually adjust for dates, fees, and pro-rated amounts.
Agent calculates the exact refund and adjustments in seconds.
15 min/case
Cross-reference agreements and calculate each commission manually.
Agent generates a commission report automatically.
10 min/case
Review policy changes and recalculate reserves by hand.
Agent updates reserve figures and documents changes for you.
15 min/case

Agent skill set

What this agent knows how to do

Premium Calculation

Quickly computes accurate premium amounts based on current insurance rate standards and policy details.

Refund & Adjustment Processing

Calculates precise refund amounts and necessary adjustments for policy changes or cancellations.

Commission Breakdown

Determines commission amounts for agents or brokers according to the latest rates and agreements.

Reserve Requirement Updates

Assesses and recalculates reserve requirements for new or updated policies, ensuring compliance.

Detailed Audit Trail

Generates a clear, itemized report of every calculation for compliance and review.

AI Agent FAQ

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