Google Cloud and The Travelers Companies, Inc. announced they are working together to create a cloud-based data ecosystem that will quickly synthesize vast amounts of information, helping Travelers' underwriters more efficiently evaluate risks for large and middle market businesses. The data ecosystem, built on Google Cloud, will securely integrate millions of structured and unstructured data points from multiple sources – internal and external – and leverage artificial intelligence and advanced analytics to give underwriters a clearer picture of a prospective account's risk profile. This will accelerate the quoting process for agents and customers.

Early pilot results from the Google Cloud and Travelers partnership have demonstrated that by leveraging Google Cloud's data and analytics tools, the time to complete an underwriting file for a commercial insurance quote for a large or middle market business can be reduced from an industry standard of weeks to potentially just minutes, substantially shortening the time from submission to quote.