Jul 01, 2021
Underwriting is evolving toward a service that will help clients prevent losses, rather than merely indemnifying clients afterward.
Download the article to learn about how AI and ML, paired with Big Data and sophisticated risk models are fundamentally shifting the way underwriting is performed.
There are two consistent themes:
1) Advanced Al and ML technologies, paired with big data and sophisticated risk models, are fundamentally shifting the way underwriting is done.
2) Insurers are leveraging low-cost, cloud platforms that are built for scale and agility with new business models.
In this article, we will explore those two themes and show how digitization streamlines the underwriting process for a more efficient and sophisticated outcome.