Underwriting

Fraud networks exploit multiple digital identities across accounts and websites, making digital entity resolution critical for preventing fraudulent payments.

AI isn't just allowing for efficiencies in underwriting, it's letting carriers make much faster, smarter decisions on how to manage their whole portfolio. 

ITL FOCUS is a monthly initiative featuring topics related to innovation in risk management and insurance.

AI-driven appetite scoring can filter submissions, delivering efficiency gains in underwriting that exceed 30% across P&C lines.

As Excess & Surplus shifts from last resort to first step, technology helps agents submit cleaner risks and build stronger carrier partnerships.

Rather than inferring exposure solely from historical outcomes, commercial auto underwriters can now access leading indicators of attentiveness, distraction, and behavioral discipline.

Tight margins and customer demands for transparency drive insurers to embrace responsible underwriting as a competitive necessity.

Technology companies view insurance as a cost to eliminate, not a business opportunity to pursue.