Digitising London market underwriting
The Insurance Network, breakfast briefing, 29th June, The Gherkin, London
Digitising London market underwriting
29th June 2023 08:00–10:00 | The Gherkin
Overcoming the operational challenges to streamline processes and improve underwriting decision making
The process of underwriting London market risks still relies too much on manual data entry and ingesting unstructured data in different formats. This approach is costly, time consuming, and error prone.
However, as digital technologies develop and advances in data analytics and automation continue at pace, the race is on to enable data-driven underwriting processes that will provide the cutting competitive edge as well as delivering efficiencies.
This breakfast briefing will explore how these technologies are being applied NOW in the London market, and the practical challenges that need to be overcome to achieve success in the future.
Topics to be covered include:
- Moving from a traditional paper-based approach and processes to digital
- Best practices for extracting and enriching submission data
- Applying advanced analytics and models to help underwriters make better decisions more quickly
- Strategies for delivering this change across the organisation
Digitising London market underwriting (the-insurance-network.co.uk)
