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Art or science? Why innovation in underwriting encompasses both - Intelligent Insurer

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Celent have reviewed this profile and believe it to be accurate.
7 October 2021

Marty Ellingsworth, senior analyst, Celent, said: “New and scalable observational data are making point of quote scoring possible for the first time in underwriting. Cars, properties, drivers, businesses, images, trips, maps, and connected sensors are all creating data in the cloud that present scorable historical and current risk information. There is no waiting required to know the risk anymore and continuous underwriting is powered from the same streams of data.”

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News article details

Industry
Property & Casualty Insurance
Media Type
News Articles
Geographic Focus
North America