6 Ways Advanced Underwriting Workstations Could Drive Growth
Published August 6, 2012 10:33 AM
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Updated August 6, 2012 1:18 PM
1 Min Read
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Most P&C insurers globally have improving the underwriting process through improved case management as a top priority. Advancing the underwriting workstation is quickly being recognized for the many potential ways it could advance risk management practices, pricing accuracy and help drive profitability. With those broad goals in mind, the following are six such ways insurers can look to advanced underwriting workstations to improve their operations.
Focus more time and attention on complex cases.
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Reduce the number of handoffs between the business and underwriting departments.
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Increase the professional development opportunities for the business team.
Create a selling point for agent recruiting.
Facilitate consitency in the underwriting function throughout the company.
