Underwriting
865 whitepapers and resources
Underwriting
Fears rise over flood affordability for all UK homes
The Bank of England has warned in its latest Stress Test that if no additional action is taken on climate change, then insurance could become unaffordable to some UK homes when Flood Re ends in 2039. This article investigates.
Reinsurance in EMEA - Where does it need to modernise?
The majority of insurers have come to rely on reinsurance as a tool to help grow their businesses, contribute to their overall capacity and protect their balance sheets against unforeseen events. This blog looks at the regional challenges insurers face when looking to reinsure some of their risk.
Webinar: How can insurance providers unlock the power of ‘smart data’?
Smart data management has never been more important as insurers strive to communicate the value of cover to retain policyholders and write profitable business. In this webinar, an expert panel discuss how insurers can unleash the power of ‘smart data’ to achieve a granular view of customer risk.
Stemming a rising tide: How insurers can close the flood protection gap
The role of insurers in closing the flood protection gap can be a crucial one, and the time to act is now. This report focuses on the state of global flood risk and highlights how insurers are well-positioned to promote a broad resilience mindset focused on pre-emptive mitigation and rapid recovery.
Get more accurate wildfire risk and fire protection scores
Comprising more than 1,400 property and casualty risk factors for any U.S. address, HazardHub is the most comprehensive P&C risk data set ever created by Guidewire. Read this blog to find out how HazardHub in Flaine helps underwriters and actuaries manage wildfire and property risks.
Underwriting risk detection at critical decision points
The speed of digital insurance experience comes at a price: Almost 70% of insurers agree that increased digital activity leads to increased fraud. This blog highlights how underwriting teams can improve risk detection at point of quote, while a policy is in force and during renewals.
The benefits of transferring periodical payment orders to a life insurer
Start-up life insurer AUL Assurance is targeting general insurers, offering them an opportunity to reduce their exposure to PPO risks. This article explores the benefits of such transfers and why the recent ASHE inflation figures might make this option more attractive in the future.
Embedded insurance: Building customer-centric insurance distribution using APIs
By embedding insurance into customers’ everyday transactions, it’s possible to make insurance products more visible whilst streamlining the purchasing process. This content highlights the opportunities for insurers to collaborate with an ecosystem of partners to gain access to new customer segments.
Underwriters need AI to get out from between a rock and a hard place
Underwriters can often be stuck between a rock and a hard place – the need for speed on one side, and the limits to review accurately on the other. This blog highlights how AI gives underwriters the opportunity to square the need for speedy service with the need for accurate decision making.
Algorithmic underwriting in specialty insurance: An implementation guide in six case studies
This guide focuses on how to implement algorithmic decision-making in the underwriting process for specialty insurance and how to evolve over time by adding new data sets as well as refining the algorithms.