The Next Phase for Smart Insurance: Embracing Continuous Underwriting - ERP Spain.com - España y América Latina

Underwriting accuracy in insurance is essential to company performance. Until recently, insurers relied almost exclusively on information they collected through customer applications. Now, with increased competition from insurtechs and declining customer loyalty, high-performance underwriting has become paramount to gaining a competitive advantage. Against this backdrop, insurers must embrace a smarter, technology-driven approach to underwriting by adopting continuous underwriting to meet the industry and customer needs of tomorrow. How can insurers work towards achieving a digital and agile mind-set across their operations and culture? What changes need to be made across the underwriting value chain to enable continuous underwriting? And how can insurers use analytics to make sense of alternative data and act on emerging trends? On July 22 at 3 pm BST join Intelligent Insurer’s webinar to receive actionable insights from experts at the forefront of high-performance underwriting, including how to: Proactively collect and manage relevant and predictive data insights before, during and after the risk evaluation timeframe to deliver dynamic services to the end-user Establish simpler business processes with fewer steps from application to quote, cut the turnaround time to issue a policy, and reduce the manpower it takes to underwrite small and mid-sized risks with continuous underwriting Fine-tune risk assessment decisions by combining internal data with voluminous third-party sensor data Blend human judgement with data-driven analytics to reduce inconsistencies, improve efficiency and reallocate time to relationship-building and delivering an excellent service Panellists: 2 x Insurance speakers TBC Eugene Lee, SVP and General Manager, InsuranceSuite, Guidewire EY speaker Moderator: TBC