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Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. Anthony Battle is a CERTIFIED FINANCIAL PLANNER™ professional.
Insurance underwriting is undergoing a digital renaissance. Gen AI and Agentic AI are transforming risk assessment, boosting efficiency, accuracy and customer experience.
To be an insurance underwriter—that is, someone who evaluates insurance applications—you need to be thorough and decisive, with excellent analytical skills. If you have a background in finance and an ...
When underwriting for commercial trucking insurance policies, insurance companies will pay attention to factors that indicate ...
Insurance underwriters are storied for their analytical and extremely methodical use of data to measure risk and write policies accordingly. This works well in insurance markets such as car or home ...
Underwriters often point out in conversations with the business that they typically use between seven and 15 different systems and data sources when assessing a single risk. According to Accenture, on ...
Data scientists know that artificial intelligence and predictive modeling leads to some bias in underwriting. What they don't always know are the ways and the extent of the negative impact. More ...
In our industry, we hear from advisors who see life underwriting as opaque and confusing, and its “make or break” nature can be frustrating. An unexpected underwriting decision can derail a new ...
The next evolution of AI in insurance involves capturing and amplifying the human behavioral intelligence that differentiates ...