Episode 3 · about 7 min
A function call for underwriters
What Jev’s founder means by “unstructured state in, typed probabilistic decisions out,” shown on a made-up contractor submission at an insurance agency.
Audio coming soon. The script and show notes are below.
With The Decision Layer desk
Show notes
- 00:00 The founder’s one-line pitch, from Forbes
- 01:00 The problem: commercial submissions in every shape
- 02:00 How Jev works: you write the signature, it scores every answer at once
- 03:30 Your wording is the program: writing options Jev reads well
- 04:30 A made-up remodeler who “occasionally” fixes roofs
- 06:00 Where it breaks, and who still makes the call
Script
Cold open. Jev’s founder told Forbes to think of it as “a frontier-intelligence function call: unstructured state in, typed probabilistic decisions out.” Today we take that apart on an insurance agency’s desk.
The problem. Small commercial submissions arrive in every shape. Somebody has to read each one and work out the class of business, anything risky, and whether there’s enough detail to quote.
How it works. You write the questions and the answers you’ll accept. Jev scores every answer at once and hands back probabilities. It can’t invent an answer you didn’t list, so the way you word your options is most of what it has to go on.
The example. A remodeler mentions, almost in passing, that they occasionally do roof repairs. That one word, occasionally, is why we ask the hazard question the way we do.
Close. Jev describes the business. A person reads the file, prices it and makes the call. We haven’t run this yet; when we do, we’ll publish everything.