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Questions? Please fill this form and our team will get in touch.
Questions? Please fill this form and our team will get in touch.
Insurance underwriting is a process by which an insurance
company assesses the risk and profitability of insuring a home,
car, phone, or individual in the case of Life, General or Health
insurance. Underwriting is a complex process that involves data,
statistics, and guidelines provided by actuaries. All of this
work helps underwriters predict the likelihood of most risks.
Driven by the need for efficiency and evolving customer
expectations, most insurers have been moving steadily toward
greater digitization. New data and technology are expected to
drive underwriting digital transformation with the use of
automation, alternative data, and artificial intelligence (AI).
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