Hit the Gas: How to Find High-Quality Data Providers to Accelerate Small Commercial Underwriting

Overview

According to Harvard Business Review, low-quality data costs U.S. businesses $3.1 TRILLION each year.

Especially for insurance carrier and MGA underwriters, it’s essential to have high-quality data. Injecting low-quality data into an underwriting workflow can create a host of downstream problems:

• Misclassifying risks
  
• Adverse selection
• Compliance risks
  
• Inefficient workflows

Read this whitepaper if you’re looking to automate your underwriting process and capture more small commercial business. You’ll get more info about how to recognize low-quality underwriting data, as well as the top 6 things to look for in a quality data and analytics partner.

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