In the first two parts of this series on the future of underwriting, we looked at how data, omnichannel access, and intelligent tools can be used to gather, validate, supplement and prepare information for underwriters. In this post, we’ll shift our focus to underwriting itself and how collaboration between humans and intelligent tools can take…
A comprehensive cloud strategy enables insurers to reach not one but three key business objectives. It will accelerate growth, drive digital transformation, and also curb costs. All too often insurers settle for just one of these goals. It’s usually cost control. But they miss the big picture. They underestimate how scaling up their cloud services…
In the first part of this series on the future of underwriting, we looked at how carriers are exploring new and improved channels of distribution. Leading carriers are moving beyond passively processing email submissions. Instead, they’re defining new and engaging experiences with their distribution partners or their customers to create competitive advantage. Getting business in…
Some insurers view cloud computing in the same way that tourists see packaged holidays – an opportunity to hand over responsibility and contain costs. It’s a mistake. Cloud computing offers insurers far more than cost and efficiency levers. It has the power to transform their businesses. Accelerating into the cloud looks set to be a…
