Underwriting in 2018: InsurTechs Eye Analytics, Automation

Russ Banham, Carrier Management, Nov 29, 2018
Commentary by Stephen Downes

Through the use of cognitive computing tools like machine learning, predictive analytics, robotics processing automation, and both image recognition and natural language processing, underwriting is becoming less manual and more automated. Providers of the tools offer novel ways for underwriters to better gauge risk, set premiums, save time, become more efficient and lower loss ratios.

Views: 1 today, 199 total (since January 1, 2017).