It’s the primary driver of profit and loss in insurance, and thankfully, it’s an area that’s top-of-mind for insurers. I’m talking about underwriting, and according to the insurers we surveyed in this year’s Accenture North American Commercial Insurance Underwriting Survey, 90 percent of them are currently investing in their underwriting function or plan to do so over the next three years—but is this approach easier said than done?
Listen to this podcast to learn about the major challenges insurers face within their underwriting function and what they can do to help address them.
Join me next week, when I take an in-depth look at if insurers’ investments are paying off.
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