Underwriting

There is an opportunity to vertically integrate and position insurance products as a part of a lifestyle instead of as standalone purchases.

To thoroughly understand the idea of a product vision, it is important to also understand two other concepts: strategy and tactics.

A typical excess & surplus lines (E&S) underwriter may review 16 to 20 submissions a day, so getting to the top of the pile is critical.

Here is a fully automated underwriting process—solving major challenges in structuring, extracting and analyzing unstructured data.

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.