Underwriting

By automating parts of the process, you can help human underwriters deal with information overload and do their jobs more efficiently.

New insurance experiences can combine “Insurance 2.0” distribution and structural and product innovation and have a dramatic impact.

Insurers are able to leverage modern underwriting workstations to offer the best coverages or exclusions at the right price.

On-demand platforms have eliminated barriers to self-employment. But people need to be protected when operating as businesses.

Artificial intelligence (AI) has the potential to transform underwriting and risk management, using a series of simple smartphone apps.

Insurers must follow the lead of airlines and retailers and use quote data to fine-tune prices and features based on each customer's situation.

Market cycles are diminishing greatly because sophisticated analytics let insurers price risks individually, not based on market psychology.

The basis of competitive advantage has changed for predictive analytics. Having them used to be an edge, but now you have to do more.