Underwriting and Risk Intelligence
In the new digital era, information is being generated at a very high speed. Industry 4.0 adoption is further fueling this trend. Moreover, advanced analytical methods such as Predictive Modeling and Artificial Intelligence are paving the way for the granular analysis of data and the derivation of actionable insights. This presents an immense opportunity for Underwriters to not only transform the way they analyze risks and take decisions, but also helps them broaden their role in the organization and act as a catalyst towards profitable growth. Forward-looking Insurance companies are already shedding the age-old paper-based underwriting, using disparate sources of data, and are quickly adopting an agile, data-driven, and consistent way of underwriting.
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The Juggling Act of Commercial Underwriting
Automating Data Intake Process in Commercial Underwriting
The ‘Great Restructuring’ elevating the role of Commercial Insurance Underwriter