Underwriting

87% of insurers said in a survey that they expect big changes to occur in underwriting within the next five years. In 2020, only 69% said the same.

Why have reinsurers' facultative underwriters wait until an insurer has finished its process? Why not consult as experts across an ecosystem? 

Many underwriting leaders, amid the industry’s growing focus on expenses, growth and analytics, have taken their eye off the ball of traditional underwriting quality.

The average underwriter spends 40% of their time on administrative tasks, 30% on negotiation and sales support and only 30% on actual underwriting.

In this webinar, ITL Editor-in-Chief Paul Carroll sits down with Jim McKenney, chief strategy officer and products business head at Intellect SEEC, and Sandeep Tandon, CTO of Intellect SEEC.

An “underwriter simulator” program of gamified learning and 3D interactive scenarios redefines what's possible for workforce training.

With the world changing, commercial underwriting is going to be called on to minimize the impact of complex risk on an ever-riskier world.

if an insurer grasps the granularity of their data assets, this facilitates outperformance in other areas.