Planck Data

Planck Data is an online platform that turns raw commercial information into concise risk indications for underwriters in seconds.

How to use Planck Data

1. Create an account at the Planck Data site and choose your subscription tier.
2. Enter a company name or Tax ID into the search bar on the dashboard.
3. Review the automatically generated profile, which includes risk scores, coverage suggestions, and key data points.
4. Export the report as PDF or push the findings through the available API into your policy administration system.
5. Track portfolio performance on the analytics tab and adjust underwriting rules based on the updated figures.

A Closer Look at Planck Data

I spent four weeks putting the tool through everyday underwriting scenarios. Below is a balanced summary of what stood out during that period.

Advantages

• Immediate answers: Most searches finished in under five seconds, letting me quote small commercial accounts while the prospect was still on the phone.
• Deep data coverage: The service pulled information from municipal filings, online reviews, and payment processors, which meant I no longer had to juggle multiple databases.
• Clear interface: The colour-coded dashboard made the risk drivers obvious, even for colleagues who rarely touch data tools.
• API option: My team linked the feed to our rating engine in an afternoon, cutting manual entry almost entirely.

Drawbacks

• Premium price: Smaller agencies may hesitate when they see the annual fee, especially if they write fewer than a thousand policies a year.
• Edge-case accuracy: I noticed that microbreweries and boutique farms sometimes came back with generic industry tags, forcing a manual review.
• Limited reach beyond the United States: Canadian and UK data sets felt thin, which reduces value for multinational carriers.

Overall impression

Speed, breadth of data sources, and a friendly layout make Planck Data a strong companion for small commercial underwriting, though the subscription cost and occasional gaps in niche sectors mean it suits firms that write a high volume of domestic US business.