underwriting News
Survey: Carrier Connectivity Top of Mind for Agents
Agents continue to favor carriers and MGAs that offer automation, ranking ease of doing business and time savings at the top of the list of value they get from connectivity, according to a newly ...
Prepare for the Soft Market: Why You Need to Set Performance Metrics Now
On the face of it, it appears to be a good time to be an underwriter. A combination of historic underperformance, an elevated risk outlook and investor reticence is encouraging underwriters to push ...
Viewpoint: Get Ready Now for the Soft Market (Because It’s Coming)
While discussing soft market underwriting may seem ill-timed given current strong results and hard market conditions, there are worrying signs that underwriters are beginning to chase market share in ...
Repricing Is Not Reunderwriting
A rising tide carries all boats. That rings true currently in commercial insurance. Carriers have broadly brushed aside concerns about geopolitics, inflation and natural ...
How Much Should Insurers Trust AI Chatbots?
Whether it's underwriting, claims or customer service, it seems that artificial intelligence is top of mind for the insurance industry right now. William Bennett, partner at law firm Saxe, ...
How Underwriters Can Use Data to Gain Competitive Advantage
The phrases "data is the new gold" or "data is the new oil" indicate data has become a commodity in the insurance industry, but how can insurers harness their data to make processes faster and more ...
How Automation Can Help Manage the Underwriting Process
Ping pong is a great game—but not one you want to play when it comes to working. The back and forth created by common pain points in the underwriting process, such as partially complete, illegible, ...
The Inside Story: How QBE NA Is Digitally Transforming Its Underwriting Operations
QBE North America's commercial insurance business is poised to mark a major milestone in a digital transformation of its underwriting operations.
Underwrite or Autowrite? How Machines Help (or Hurt) the Underwriting Profession
The person who invented autocorrect should burn in hello. We've probably all seen some form of this joke and thought about a situation where a word we wanted to type was replaced by one we definitely ...