Underwriting

The MGA market in the P&C insurance industry is experiencing significant changes, driven by trends such as growth in the excess and surplus space, prioritizing speed to response over speed to market, and the emergence of parametric insurance.

The technologies safeguard insurers' ability to understand historical data and remotely apply those insights to risk modeling and underwriting.

There are other less obvious ways underwriters can use the technology, but one area is field underwriting.

Generative AI could further enhance automation of previously manual or even legacy technology processes.

Spun off from auto and home insurtech Cover, the blockchain-based reinsurance platform logs $35 million in coverage year-to-date

The system created by Nationwide and Generali was recently recognized for the 2023 Celent Model Insurer award for Digital and Emerging Technologies.

At an April 6 meeting, stakeholders in implementing a new state law discussed early requirements and more.

SafeGuard 360 breaks barriers separating different coverages.

Incomplete auto and property policy information contributed to a spike of losses in 2022

Using machine learning technology, the solution analyzes property features and flood risk information.

Tips for appraising solutions that deliver the right combination.

RGA decided to put ChatGPT to the test by posing three questions related to underwriting and the future of life insurance. The answers from ChatGPT are entirely AI-generated.

Digital Insurance spoke with Chris Skarinka, chief operating officer of the professional lines and public risk groups at Tokio Marine HCC.

Underwriting depends on data, and data—how we source it, how we analyze it, and how we use it—is evolving at an exponential pace.

Applying AI technology moves slowly, but has potential to produce more sophisticated insights

Improving data management technology can take routine work off insurers' plates, insurtechs and experts say.

Transformational technologies will also be critical in advancing personal lines underwriting, with 81% of insurers saying they are pushing transformation forward.

Insurance product sales technology company boasts growing client list.

The initiatives at the top of insurers' agendas in 2022 include those involving data and analytics.

Underwriting technology company shifts focus to workbench product