LONDON – March 11, 2026 – Parsyl Inc., a data-powered insurer of complex supply chains, today announced the launch of "Chauncey for Brokers", a new chat-based risk submission functionality and the first of its kind in specialty insurance.
For the past two years, Chauncey has been the engine behind Parsyl's own underwriting operations, processing every risk submission, automating over 80 tasks, and cutting time from submission to quote by 70%. Now, that same capability is available directly to brokers for the first time.
Chauncey for Brokers turns risk submission into a conversation. Brokers can upload documents, receive instant feedback, track multiple submissions, and get an indicative quote, all in one place, with full context preserved from start to finish. Once a submission is complete, it moves directly into Parsyl's underwriting workbench where it is automatically quoted before a Parsyl underwriter reviews it and issues a binding quote. No broker portal, emails, repeated information or unnecessary back-and-forth. Just faster and more informed decisions.
The functionality is particularly valuable for brokers managing high volumes of smaller risks, where administrative effort can quickly outweigh the benefit of placement. By reducing friction at the submission stage, Chauncey for Brokers makes it practical to place risks that might otherwise be deprioritized.
While Chauncey for Brokers introduces a new conversational channel, brokers retain full flexibility in how they work with Parsyl. Email submissions and API access remain available for those who prefer them.
"ChatGPT and Claude have fundamentally changed how people work and find information. Conversational AI is no longer a trend; it's the expectation," said Alex Haar, Chief Product Officer at Parsyl. "Chauncey for Brokers meets brokers where they already are. If this is how the world gets things done, it should be how cargo risk placement gets done, too."
Functionality at launch will include:
Conversational risk submissions.
Drag and drop submission files directly into the conversation — whether you’re submitting one risk or multiple at once. No separate portals, emails or forms required.
Instant risk appetite check to see if the submission is in Parsyl’s risk appetite.
Ability to set specific terms, including target premiums, deductibles and limits.
Get indicative pricing. Pricing is driven by over 30 factors, including exposures, commodities and market conditions.
Send submissions to a Parsyl underwriter for a formal quote with one click.
Check the status of previously submitted risks.
All conversations remain private and secure within Parsyl’s environment.
Chauncey for Brokers is currently in beta and will be made available to select brokers through an early access program over the coming months. Brokers interested in joining can sign up for the waitlist at parsyl.com/chauncey.
Parsyl is an insurer of complex supply chain risks that uses enhanced data and technology to understand, price and mitigate risk. Parsyl offers its customers more tailored underwriting and insights-based risk management that reduces waste and saves money. Parsyl leads the Essential Consortium at Lloyd’s of London, is a Lloyd’s Coverholder, and operates Syndicate 1796, the first mission-driven syndicate at Lloyd’s. Parsyl offers a full suite of A-rated cargo insurance solutions, including Cargo and Stock Throughput, Stock and Excess Stock, Shipper’s Interest, Cargo Legal Liability and Warehouse Legal Liability. Parsyl is based in Denver, CO with offices in London, England and New York, NY and can be found at parsyl.com.