Underwriting

An enhanced view into personalized data may be one of the most interesting opportunities in the insurance market to date.

As technology speeds the pace of daily life and business, the product development cycle continues to represent a drag on P&C insurers.

Cognitive robotics can address service requests from agents, anomaly detectors can flag issues and AI can spot product opportunities.

By 2030, automated underwriting will become the norm, and new sources of data may be incorporated into underwriting.

It has become clear that product development can no longer occur in silos, with one function creating products for another function to sell.

Why one insurtech that is putting structure to critical claims and underwriting data is becoming part of the industry’s lexicon.

Outdated analytic techniques can hide strategic opportunities, and up-and-comers will use more sources and more relevant data.

An EY survey finds that initial use cases are narrowly defined but that technologies are advancing key capabilities.