Use Case

AGENTIC PROCUREMENT AND SUPPLIER NEGOTIATION SYSTEM

October 12, 2023
April 9, 2026
8 min read
20
min read
Data visualization and AI network
85%Reduction in manual data entry time
3.2xIncrease in underwriting throughput
100%Sovereign data compliance maintained

The insurance industry relies heavily on complex document analysis, risk assessment, and regulatory compliance. For global reinsurers, processing unstructured data from various sources into structured underwriting models has traditionally been a labor-intensive bottleneck.

The Challenge of Unstructured Data

Business Challenge Procurement teams spend excessive time on manual RFQs, price comparisons, and supplier negotiations while struggling to secure the best terms under tight deadlines.

How Agentic AI Helps A sovereign agentic procurement system automates supplier evaluation, negotiation, and contract drafting while keeping human oversight for final approval.

Detailed Automated Business Process The system analyses requirements, identifies suitable suppliers, runs parallel negotiations with multiple vendors, and prepares optimised contracts. Agents continuously monitor market prices and supplier performance.

Potential Business Impact Procurement cycle time is reduced by 50–70%, material costs drop by 8–15%, and supply chain resilience improves through better supplier diversification

Call to Action Explore how agentic procurement can optimise your supply chain costs and speed. Get in touch for a demonstration.

Before implementing Singularity IO's agentic platform, underwriting teams spent up to 40% of their time manually extracting data from PDFs, emails, and legacy systems. This not only slowed down the quotation process but also introduced the risk of human error in critical risk assessment models.

"Singularity IO didn't just give us an LLM; they provided a secure, sovereign orchestration layer that allowed our internal systems to talk to each other autonomously. It fundamentally changed our operational velocity."

Agentic Workflows in Action

Because the platform is deployed on Swiss sovereign cloud infrastructure, all data processing complies strictly with FINMA regulations, ensuring that sensitive client data never leaves the secure perimeter.

By deploying a multi-agent system, the client was able to automate the entire ingestion pipeline. The workflow operates as follows:

  • Intake Agent:Monitors secure inboxes and classifies incoming submission documents.
  • Extraction Agent:Utilizes fine-tuned vision models to extract tabular data from complex policy schedules.
  • Validation Agent:Cross-references extracted entities against internal databases and flags anomalies for human review.
Network infrastructure visualization

Implementation Stack

LangGraphLlama 3 (Self-Hosted)ExoscalePostgreSQLn8n

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Measurable Impact

How Singularity's sovereign agentic workflows transformed operations and delivered concrete ROI for this implementation.

85%
3.2x
$1.5M
99.9%