2014 marks an opportunity to use technology, data and analytics in innovative ways to achieve excellence in underwriting. Homeowners insurance will be an especially fertile area.
Arming yourself with knowledge ahead of time can help you to develop strategies and create records that maximize coverage, facilitate resolution of current disputes, and eliminate potential future disputes.
All parties should take thorough measures to ensure the accuracy and completeness of underwriting information and be certain that conflicts or ambiguities are promptly resolved before coverage is bound.