Putting AI to work for underwriting in these extraordinary times
These are challenging times for underwriters. The volume of broker submissions has skyrocketed. Customers have never-ending queries around new coverages. Underwriters are unsure of the undiscovered risks. They continue to struggle with low efficiency, pricing dilemmas, poor CX, and profitability concerns. Their survival in these times firmly hinges on how quickly they adopt AI and automation. COVID-19 has accelerated this adoption and today's decisions will define their growth trajectory.