For the agency side of the submission
Pibit.AI Alternative for Insurance Agencies and Brokers
Pibit.AI sells an underwriting platform to carriers, MGAs and mutuals: intake, extraction, risk scores, rating, quote and bind. If you are the agency that has to produce the loss runs in the first place, LossRunReports is built for your desk. It gets the signed request to every prior carrier, chases on day 3, 7 and 14, reads what comes back and hands you a five-year summary for the market.
Try it on a real report: drop one carrier loss run into the reader and see the claims and totals before any sales call.
The short answer
The best Pibit.AI alternative depends on which side of the submission you sit on. Carriers and MGAs comparing underwriting platforms usually shortlist FurtherAI, Federato or Cytora. Retail agencies and wholesale brokers who need loss runs requested, read and summarized before the submission goes out are better served by LossRunReports, which publishes its prices and starts at $299 a month.
Two products for two different desks
Pibit.AI starts when a submission lands at the carrier. LossRunReports starts when the agency needs five years of loss history to build that submission.
Pibit.AI, carrier and MGA side
Underwriting platform
- 1Submission intake and clearance
- 2Extraction of loss runs, ACORDs, SOVs, MVRs and mods
- 3Explainable risk scores and triage
- 4Rating and pricing scenarios
- 5Quote and bind
- 6Portfolio dashboards
Sold to carriers, MGAs, MGA aggregators and mutuals. Request a demo, no published price.
LossRunReports, agency and broker side
Loss run desk
- Insured signs the letter of authority online
- One request per prior carrier and policy term
- Follow-ups on day 3, 7 and 14 until each carrier answers
- PDF, scan, XLSX and CSV read into one claims table
- Totals reconciled, gaps and stale valuations flagged
- Five-year summary and loss ratio for the market
Sold to commercial agencies, MGA and wholesale desks. Published plans from $299 a month.
Pibit.AI and LossRunReports compared
Pibit.AI details come from its public website and third-party listings as of October 2026. Accuracy and time-saving figures are Pibit's own case-study claims, not independent tests.
| What you need | Pibit.AI | LossRunReports |
|---|---|---|
| Built for | Carriers, MGAs, MGA aggregators and mutuals | Commercial agencies, MGA and wholesale submission desks |
| Price | Not published, sold through a demo | $299 a month (Broker), $149 a month billed yearly; Agency $1,499, Enterprise $4,999 |
| Requests loss runs from carriers | Not described on its site | Letter of authority signed online, one request per carrier and policy term |
| Follows up with slow carriers | Not described | Automatic follow-ups on day 3, 7 and 14 |
| Reads loss runs | Yes, alongside ACORDs, SOVs, MVRs and experience mods | Yes: native PDF, scans, XLSX and CSV into one claims schema |
| Checks the numbers | Field-level source tracing, 99.9% field accuracy claimed by Pibit | Extracted totals reconciled with carrier totals; missing years, duplicates and valuations over 90 days flagged |
| Output | Structured submission record, risk score, rater-ready data, quotes | Five-year loss summary, editable underwriter narrative, XLSX, CSV, PDF and JSON |
| Underwriting decisions | Triage, risk scoring, rating, quote and bind | Not included; we prepare the submission, the market underwrites it |
| Security | ISO 27001 and SOC badges shown on its site | Encryption in transit and at rest, field-level encryption of FEINs and claimant names, audit log, retention |
| Getting started | Demo and implementation | Reader on this page with no account; sign up and import your book by CSV or XLSX |
When Pibit.AI is the better choice, and when it is not
If you run an underwriting team at a carrier or an MGA and want one system that takes a submission from inbox to bound policy, Pibit.AI is built for exactly that. It scores risks, pre-fills raters and tracks hit ratio across the book. LossRunReports does none of that, and we would not pretend otherwise.
Most people searching for a Pibit.AI alternative from an agency have a narrower problem. A commercial renewal is 90 days out, the insured had three carriers in five years, and someone has to get those loss runs, read them and turn them into something an underwriter will accept. A carrier-side platform does not send your request letters or call the carrier that has gone quiet for two weeks.
Pibit.AI fits when
- You underwrite and bind risk
- You need triage and rating help
- You can run an implementation
LossRunReports fits when
- You build submissions, not bind them
- Carriers are slow to send loss runs
- You want a price before a call
The agency work a carrier platform never sees
Each screen below is the actual product, from request to the table your market reads.
Every request tracked to a reply
One row per carrier and policy term, with the sent date and the day 3, 7 and 14 follow-ups. Carriers reply to your agency email or through a secure upload link that files the report on its request.
Every carrier layout in one claims table
Claim number, date of loss, status, paid, reserve and incurred land in the same columns whatever the carrier printed. The loss run analysis then rolls them up by policy year.
A price you can see before the demo
Pibit.AI does not publish pricing. Ours is on the page, flat per month, with no per-document fees.
Broker
$299 a month
$149 a month billed yearly
Commercial agencies and producer teams getting loss runs off spreadsheets.
50 client accounts, 300 documents a month
Agency
$1,499 a month
$749 a month billed yearly
Mid-size agencies and MGA desks running every renewal through one queue.
400 client accounts, 3,000 documents a month
Enterprise
$4,999 a month
$2,499 a month billed yearly
Large brokerages, wholesalers and carrier underwriting teams.
2,500 client accounts, 20,000 documents a month
Getting your first renewal through LossRunReports
No implementation project. Most agencies run a live renewal in the first week.
- 01
Test the reader
Upload a loss run from your hardest carrier into the reader at the top of this page and check the extracted claims against the printed totals.
- 02
Import the book
Bring in insureds, policies, prior carriers and expiration dates from your AMS export or a spreadsheet, mapped automatically.
- 03
Send and let it chase
The insured signs once, requests go out to every prior carrier, and follow-ups run until the last report is in and summarized.
Pibit.AI alternative questions
What is the best alternative to Pibit.AI?
It depends on who is buying. Carriers and MGAs looking for an underwriting platform usually compare Pibit.AI with FurtherAI, Federato and Cytora. Agencies and brokers who need loss runs requested, read and summarized for a submission are better served by LossRunReports, which publishes its plans from $299 a month.
How much does Pibit.AI cost?
Pibit.AI does not publish pricing. Its website offers a demo, and third-party listings describe quote-based plans tied to features and submission volume. LossRunReports lists every plan on its pricing page: Broker at $299 a month, Agency at $1,499 and Enterprise at $4,999, each roughly half price when billed yearly.
Who uses Pibit.AI?
Pibit.AI markets its platform to insurance carriers, MGAs, MGA aggregators and mutuals, and its case studies come from carrier and MGA underwriting teams. Its site does not position the product for retail agencies or brokers, which is the main reason agencies look for an alternative built for their side of the submission.
Does Pibit.AI request loss runs from carriers?
Pibit.AI's website describes ingesting loss runs that arrive with a submission and extracting their data. It does not describe sending loss run requests or following up with carriers. LossRunReports does both: the insured signs a letter of authority online and the system chases each carrier on day 3, 7 and 14.
Can LossRunReports read loss runs from any carrier?
Yes. The reader handles native PDF, scanned PDF, XLSX and CSV loss runs from any US carrier and maps them into one claims schema. It then compares the extracted claims with the carrier's printed totals and flags missing policy years, duplicates and valuations older than 90 days for a person to check.
Is there a Pibit.AI alternative with self-serve pricing?
Yes. LossRunReports can be bought without a sales call. You can run a carrier loss run through the reader on this page without an account, then choose a monthly or yearly plan on the pricing page and import your accounts the same day.
Keep comparing
FurtherAI alternatives for brokers
The other AI reader carriers and MGAs shortlist.
Loss Run Pro alternative
An ordering tool compared with request plus extraction.
Appulate LossRunner alternative
Free ordering inside Appulate, side by side.
Best loss run software
Every option agencies shortlist in one table.
See your own loss run read in under a minute
Upload one carrier report or use our sample. No account needed for the first read.