Underwriting

Aerial imagery can help insurers underwrite competitively in a world dominated by unpredictable and destructive weather patterns.

New technology tools make it possible to generate deep insights through rich collaboration. 

The right technology can facilitate real-time sharing of information, bringing together employees of all stripes and driving crucial collaboration.

Underwriters face hyper endorsement, misrepresentation from known fraudsters, as well as criminal networks and the schemes they perpetuate, such as Ghost Broking.

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

This month's focus is Underwriting

To get a better handle on how insurers can underwrite risk in such an uncertain world, ITL talked this month with Henry Kowal, director, outbound product management, insurance solutions, at Arity, an Allstate subsidiary company.

Fortunately, technology is maturing just in time to respond to common challenges, allowing underwriters to refocus their time on what they do best. 

The corporate world is now so connected and complex that underwriters need to understand accumulations of exposures within corporate distribution and value chains.