Automated Analysis of Loss Run Data from All Carrier Formats Now Delivers Fast, Accurate Claims Intelligence
SAN FRANCISCO , CA, UNITED STATES, July 16, 2026 /EINPresswire.com/ — Outmarket AI, the premier AI platform built specifically for the insurance sector, has announced the debut of its upgraded Loss Run functionality. This new intelligent document processing feature automatically transforms disorganized carrier loss run documents into standardized, structured claims data and automatically generated reports. Through a collaboration with Loss Run Pro, Outmarket now allows agencies to automate the loss run ordering process. From that point, Outmarket handles the processing without any manual steps required. This tool lets insurance professionals remove manual data entry, dramatically speed up claims analysis, and provide clients with superior risk management reports.
With this update, Outmarket AI keeps broadening the scope of its platform, which supports a greater number of insurance workflows than any competing product. Numerous Top 100 insurance agencies consistently select Outmarket because its team has a deep grasp of the industry, agency challenges, and operational procedures. By working closely with clients to understand their unique obstacles, Outmarket guarantees that agencies achieve outstanding results using the platform.
Loss runs are essential to insurance operations, yet the task of pulling usable data from carrier-issued loss run documents remains one of the most labor-heavy duties in agency workflows. Every carrier produces loss run reports in a distinct format, and many supply data as unstructured PDFs that are hard to interpret. Agency employees spend countless hours manually entering claims data into spreadsheets, cross-checking totals, and reformatting information for client-facing materials.
Outmarket AI tackles this problem by deploying advanced AI and intelligent document processing to automate the full loss run process, from document ingestion to structured data output, analysis, and reports ready for clients. The platform accepts loss run documents in any carrier format through a simple drag-and-drop upload. Outmarket AI’s extraction engine reads each document, identifies each claim, and precisely converts them into standardized structured data, regardless of the carrier’s original PDF layout.
"Loss run analysis stands as one of 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 staff investing hours manually extracting claims data that arrives in a different format each time. We developed Outmarket Loss Runs to address this challenge from beginning to end. This isn’t just about saving time — the enhanced accuracy we gain through AI enables agents to make well-informed decisions more quickly."
Key Features of Loss Run Extraction:
– Universal Carrier Format Support: The platform accepts and interprets loss run documents from any insurance carrier, irrespective of format or layout.
– Claim-by-Claim Extraction and Review: Each claim is extracted individually and displayed in a side-by-side review interface. This shows the extracted data next to the original source document page for fast verification.
– Automated Discrepancy Detection: The system compares extracted totals against totals stated in the document and flags any differences.
– Natural Language Claims Querying: A conversational AI interface lets users ask 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 inside the platform. Agencies can connect their Loss Runs Pro API key and configure automated ordering rules, such as 60, 90, or 120 days before renewal. When a carrier provides the documents, they are automatically synced into Outmarket AI and processed without any manual intervention.
For insurance agencies and brokers, this capability delivers measurable operational improvements by eliminating hours of manual data entry. It provides structured loss data and client-ready reports in minutes, greatly accelerating the renewal and marketing process. Loss run data from multiple carriers can be combined into a single unified view per client, enabling cross-carrier claims analysis and consolidated reporting. Critically, the integration with Loss Runs Pro ensures a seamless process across the tools and systems that agents use every day.
"At Loss Run Pro, our mission has always been to remove the friction from acquiring loss runs," said Reghan Brandt, Founder and CEO, Loss Run Pro. "That’s why we built an open platform designed to integrate with whatever tools and partners our agencies choose to work with. Partnering with Outmarket AI is a great 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 put that data to work."
Outmarket AI’s Loss Run capabilities are currently available within 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. Built specifically for brokerages, Outmarket delivers intelligent workflows across commercial, benefits, personal lines, and specialty insurance that convert hours of manual work into minutes. More than 250 of the world’s top brokerages trust Outmarket to reduce E&O exposure, accelerate client delivery, and unlock new revenue. Outmarket is headquartered 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 eliminating manual requests and follow-ups, Loss Run Pro helps insurance professionals access accurate claims history faster, streamlining renewals, underwriting, and risk assessment.
Founded in 2020 by insurance veteran Reghan Brandt, who saw firsthand the need to solve this industry pain point, 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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