Imagine a commercial lines’ underwriter missing millions of dollars in losses during a prospect’s initial risk assessment. We all know that proper risk assessment is key to profitability in commercial lines, but often times underwriters do not leverage certain data elements to create a more accurate, global view of the risk they are assessing. Join us for a 30-minute webinar and learn from our seasoned experts how insurers can identify blind spots in risk assessment, evaluate and verify loss trends and prevent costly errors during the underwriting phase.
In just 30 minutes, our experts will address the following:
- Why we believe commercial auto loss ratios have been increasing;
- What the real value is of data available NOW in providing loss history information;
- How verifying prior losses and eliminating blind spots can improve profitability.