underwriting News

Continuing to Build: Construction-Focused InsurTech Shepherd
Armed with $6.2 million in seed funding and a technology platform that simplifies the insurance submission process for construction brokers and middle-market commercial contractor clients, InsurTech ...Universal Property Expands Underwriting and Claims Analytics, Improves Customer Experience with Verisk’s Ecosystem of Insurance Solutions
Rapid access to integrated property and claims information, along with robust data on local risks and replacement costs, helps Universal serve customers across the ...

What Makes a Great Underwriter in 2020?
During a recent interview, CM asked QBE North America Chief Underwriting Officer John Beckman, a former chief actuary and chief risk officer, to talk about the qualities of the best ...
Citing Social Justice, Root Pledges to End Credit Scoring for Auto Insurance Pricing
Root Insurance pledged to eliminate the use of credit scoring from its car insurance pricing model by 2025, a move the InsurTech said will help remove bias and discrimination from the process. ...
Lloyd’s Underwriters Say Hello to Working at Home
Thousands of London's underwriters took their stamps and fountain pens home last week, which they use to sign insurance contracts, but they won't need them. Working at home due to the coronavirus ...
DataCubes Pulls in $15.2M Financing for Commercial Underwriting Decision Platform
DataCubes, developer of a platform designed to help commercial insurance carriers make underwriting decisions, has closed a $15.2 million round of financing. Plans for the money involve investment in ...
Enterprise Software Startup Gradient AI Raises $6M from MassMutual, Others
Gradient AI said it has raised $6 million in financing to help fuel development of its AI-based enterprise software focused on insurance underwriting and claims management. The Massachusetts-based ...
Cape Analytics Rolls Out Geospatial Portfolio Monitoring Products
Cape Analytics is launching what it bills as the insurance industry's first geospatial portfolio monitoring products. They're intended to work together. Change Detection is designed to alert carriers ...