Technological advancements are driving an unprecedented transformation in the commercial insurance industry. Insurers can help enhance their underwriting operations by leveraging AI, machine learning, and advanced analytics while maintaining effective risk management practices. The commercial property and casualty insurance industry faces mounting pressure to modernize its underwriting operations while maintaining disciplined risk selection and pricing.
This report provides an overview to help commercial lines carriers evaluate and execute transformative technologies in their underwriting operations. It is informed by the authors’ experience with insurance technology deployments, underwriting processes, and technology adoption, and reinforced by daily engagement with insurers of various sizes (large national to midsize regional) and their solution providers.
Clients of Datos Insights’ Property & Casualty service can download this report.
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