Automated Analysis of Loss Run Data from Any Insurer Format Now Available for Fast and Accurate Claims Insights
SAN FRANCISCO, CA, UNITED STATES, July 16, 2026 /EINPresswire.com/ — Outmarket AI, the foremost AI platform built specifically for the insurance sector, has unveiled an upgrade to its Loss Run functionality. This newly introduced intelligent document processing feature transforms unorganized carrier loss run documents into uniform, structured claims data along with automated reports. Through a collaboration with Loss Run Pro, Outmarket now allows agencies to streamline the loss run ordering process. Subsequently, Outmarket manages the processing without requiring any manual steps. This tool enables insurance professionals to do away with manual data entry, dramatically speed up claims analysis, and produce superior risk management reports for their clients.
With this latest update, Outmarket AI broadens the scope of its platform, which encompasses more insurance workflows than any competing product on the market. Numerous top 100 insurance agencies regularly select Outmarket because the team possesses deep knowledge of the industry, agency pain points, and operational workflows. By working closely with clients to grasp their specific hurdles, Outmarket helps agencies achieve outstanding outcomes on the platform.
Loss runs are essential to insurance operations, yet turning carrier-issued loss run documents into usable data continues to be one of the most labor-heavy tasks in agency workflows. Each carrier presents loss run reports in a distinct layout, and many supply data as disorganized PDFs that are hard to interpret. Agency employees invest countless hours entering claims data manually into spreadsheets, verifying totals, and restructuring details for client-facing materials.
Outmarket AI tackles this problem by deploying sophisticated AI and intelligent document processing to automate the entire loss run pipeline, from document intake to structured data output, analysis, and reports ready for clients. The platform accepts loss run documents in any carrier format through a straightforward drag-and-drop upload. Outmarket AI’s extraction engine reads each document, isolates individual claims, and precisely transforms them into standardized structured data, irrespective of the original PDF formatting used by the carrier.
“Loss run analysis is among the most time-intensive yet vital workflows in insurance operations,” said Vishal Sankhla, Co-Founder and CEO, Outmarket AI. “Every agency we collaborate with has employees spending hours manually pulling claims data that arrives in a different layout. We developed Outmarket Loss Runs to address this issue from start to finish. This goes beyond just saving time — the enhanced precision we deliver through AI empowers agents to make faster, more informed decisions.”
Main Features of Loss Run Extraction:
– Universal Carrier Format Support: The platform accepts and interprets loss run documents from any insurance carrier, regardless of layout or structure.
– Claim-by-Claim Extraction and Review: Each claim is extracted individually and shown in a side-by-side review panel. This displays the extracted data alongside the corresponding original source document page for quick verification.
– Automated Discrepancy Detection: The system compares extracted totals against those stated in the document and flags any inconsistencies.
– Natural Language Claims Querying: A conversational AI interface enables users to pose questions about their claims data in plain English and receive real-time analytics in response.
– Comprehensive Excel Export: The multi-tab, branded Excel export includes all claims data, a summary by line of business, open claims lists, claims by year with graphics, incurred by year, and frequency and severity analysis. Exported reports automatically incorporate the agency’s logo and color scheme.
– Automated Loss Run Ordering: Outmarket AI integrates with Loss Runs Pro to facilitate automated loss run ordering directly from within the platform. Agencies can link their Loss Runs Pro API key and establish automated ordering rules, such as 60, 90, or 120 days before renewal. When a carrier supplies the documents, they are automatically synced into Outmarket AI and processed without manual steps.
For insurance agencies and brokers, this capability delivers measurable operational gains by removing hours of manual data entry. It supplies structured loss data and client-ready reports within minutes, greatly accelerating the renewal and marketing process. Loss run data from multiple carriers can be merged into a single unified view per client, enabling cross-carrier claims analysis and consolidated reporting. Importantly, the integration with Loss Runs Pro guarantees a smooth workflow across the tools and systems that agents use on a daily basis.
“At Loss Run Pro, our mission has always been to eliminate the friction involved in obtaining loss runs,” said Reghan Brandt, Founder and CEO, Loss Run Pro. “That’s why we created an open platform designed to integrate with whatever tools and partners our agencies choose to work with. Partnering with Outmarket AI is a perfect example of that in action — once LRP obtains the loss run documents, they can sync seamlessly into Outmarket, giving agencies more flexibility in how they use that data.”
Outmarket AI’s Loss Run capabilities are now accessible under the Risk Management tab of the platform. The Loss Run Pro integration for automated loss run ordering is available now via API key connection in the Integrations settings.
About Outmarket AI
Outmarket is the premier AI platform for insurance. Designed specifically for brokerages, Outmarket delivers intelligent workflows across commercial, benefits, personal lines, and specialty insurance that turn hours of manual effort into minutes. Over 250 of the world’s leading brokerages trust Outmarket to lower E&O exposure, speed up client delivery, and unlock new revenue streams. Outmarket is based in San Francisco, California.
Learn more at https://outmarket.ai/.
About Loss Run Pro
Loss Run Pro is a software platform that automates the retrieval and organization of loss run reports for insurance agents, brokers, and carriers. By doing away with manual requests and follow-ups, Loss Run Pro helps insurance professionals access accurate claims history more quickly, streamlining renewals, underwriting, and risk assessment.
Founded in 2020 by insurance veteran Reghan Brandt, who experienced this industry pain point personally, Loss Run Pro is backed by industry experts through BTV and K2 Insurance Services. The company is headquartered in Missoula, Montana.
For more information, visit https://lossrunpro.com
Kevin LaHaise
Outmarket AI
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