Outmarket AI adds automated loss run extraction and analysis

Outmarket AI launched expanded loss run capabilities that turn carrier documents into structured claims data, automated reports and client-ready analysis. The release also adds an integration with Loss Run Pro to automate loss run ordering and remove manual processing for insurance agencies.

Why it matters: - Loss runs are a core input for renewals, marketing and risk review, but agencies often spend hours manually re-entering data from carrier PDFs. - Outmarket AI says the new workflow can cut that work to minutes, while improving accuracy and producing a unified view across carriers. - The update could reduce operational friction for brokers and agencies that rely on claims history to make faster client and underwriting decisions.

What happened: - Outmarket AI announced expanded Loss Run capabilities on July 16, 2026. - The platform now automatically converts unstructured carrier loss run documents into standardized claims data and automated reports. - Outmarket AI also added a partnership with Loss Run Pro to automate loss run ordering. - The feature is available in the Risk Management tab of the platform. - The Loss Run Pro integration is available now through an API key connection in the Integrations settings.

The details: - The system accepts loss run documents in any carrier format through drag-and-drop upload. - Outmarket AI’s extraction engine identifies individual claims and converts them into structured data regardless of the original PDF format. - The platform presents each claim in a side-by-side review view with the source document page for verification. - The system compares extracted totals against document-stated totals and flags variances. - Users can ask questions about claims data in plain English through a conversational AI interface. - The platform produces a multi-tab branded Excel export with claims data, line-of-business summaries, open claims lists, claims by year with graphics, incurred by year, and frequency and severity analysis. - Exported reports automatically include the agency’s logo and color scheme. - Agencies can connect a Loss Run Pro API key and set automated ordering rules for 60, 90 or 120 days before renewal. - When carriers deliver the documents, the files sync into Outmarket AI and are processed without manual intervention. - Loss run data from multiple carriers can be combined into a single unified client view for cross-carrier claims analysis and consolidated reporting.

Between the lines: - Outmarket AI is expanding beyond extraction into a broader workflow platform for insurance operations. - The Loss Run Pro integration suggests the company is trying to own more of the end-to-end process, from ordering documents to analysis and reporting. - The pitch is aimed at agencies that want less manual work and faster turnaround on renewal and client deliverables. - Outmarket AI’s release leans heavily on accuracy and standardization, which matters because carrier formats vary widely and often create messy data handoffs. - The partnership also gives Loss Run Pro a way to fit into a larger downstream workflow instead of functioning only as a retrieval tool.

What's next: - Agencies can use the new loss run tools now within Outmarket AI. - More workflows may follow as Outmarket AI continues expanding the platform’s insurance automation capabilities. - The combined setup may become most valuable during renewal cycles, when fast loss run analysis can shape pricing, placement and client recommendations.

The bottom line: - Outmarket AI is trying to turn loss runs from a manual document problem into an automated data workflow, with Loss Run Pro handling ordering and Outmarket handling extraction, analysis and reporting. - More information - More information