August 14, 2025
5 min read
Lauren Towner
Intellect Launches Purple Fabric Magic Loss Runs in AWS Marketplace AI Agents & Tools Category
Intellect Design Arena Ltd., a global leader in enterprise-grade financial technology, has announced the availability of Purple Fabric Magic Loss Runs in the newly introduced AI Agents and Tools category of AWS Marketplace. Built on the Purple Fabric platform, this AI-powered, containerized solution enables customers to easily discover, purchase, and deploy advanced AI agents through AWS Marketplace. It automates the extraction, validation, and processing of insurance loss run documents, accelerating agent and agentic workflow development by leveraging customers' existing AWS accounts. Purple Fabric Magic Loss Runs is designed to help carriers, Managing General Agents (MGAs), and brokers speed up underwriting decisions by processing loss run documents in any format. It extracts and validates critical claims data, delivering structured outputs with minimal manual intervention. The solution emphasizes speed, accuracy, and scalability by eliminating manual data entry, reducing transcription errors, standardizing data across diverse carrier formats, and enhancing risk assessment with comprehensive claims insights. This ultimately reduces operational costs, improves processing times, and enables straight-through processing for routine renewals. The solution leverages Large Language Models to extract data instantly with over 95% accuracy across various document formats, including handwritten notes, Excel sheets, images, and PDFs. Purple Fabric provides the intelligence, scalability, and trust necessary to embed AI meaningfully into enterprise processes.“By offering Purple Fabric Magic Loss Runs in AWS Marketplace we’re providing customers with a streamlined way to access our no-touch loss run extraction technology, helping them buy and deploy agent solutions faster and more efficiently,” said Banesh Prabhu, CEO of IntellectAI. “With Purple Fabric at the core, this solution reflects our design-first approach to AI deployment, where scalability, governance, and business impact are foundational. Our customers in the insurance industry are already using these capabilities to achieve up to 90% reduction in loss run processing time and 35% improved data accuracy, demonstrating the real-world value of AI-powered loss runs.”Purple Fabric Magic Loss Runs offers key capabilities such as cognitive extraction of both structured and unstructured documents, claims data validation, data normalization, loss trend analysis, exception handling, and multi-format output options including JSON, CSV, or APIs. These features empower customers to accelerate underwriting decisions with accurate, standardized claims data and actionable insights, eliminating manual errors, enhancing risk assessment, and reducing processing time at scale. The introduction of the AI Agents and Tools category in AWS Marketplace allows customers to significantly speed up procurement processes, reducing the time required for vendor evaluations and complex negotiations. Centralized purchasing through AWS accounts also ensures customers maintain visibility and control over licensing, payments, and access. Available as a container image, Purple Fabric Magic Loss Runs supports deployment on Amazon ECS, Amazon EKS, or any Docker-compatible environment. This flexibility enables customers to deploy across their AWS infrastructure, configure processing via environment variables or AWS Systems Manager Parameter Store, and seamlessly integrate with document sources like Amazon S3 and downstream underwriting systems. To learn more about Purple Fabric Magic Loss Runs on AWS Marketplace, visit AWS Marketplace product page. For details on the new AI Agents and Tools category, see
Source: Intellect Announces Availability of Purple Fabric Magic Loss Runs in New AWS Marketplace AI Agents and Tools Category on August 14, 2025.