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Intellect SEEC, a global fintech company just concluded analysis on the incoming quote submissions to seven major US commercial carriers between January 2017 and January 2018. The results are stunning. While its common knowledge in the insurance industry that clients or brokers, on occasion, portray risks in a better light to obtain better rates or to get sub-par risks through underwriting, the extent of this misinformation and its impact on pricing and loss ratio has been statistically proven for the first time through the use of Intellect’s Big Data and AI toolkit.