Underwriting
865 whitepapers and resources
Underwriting
Curing consumer scepticism with technology and education: Why motor insurance providers must make better use of data to demonstrate value and reward loyalty
This research report demonstrates that there are opportunities for motor insurance providers to safeguard and grow market share by using technology to improve pricing accuracy and competitiveness; and to appeal to consumers’ expectations that any loyalty they show to a provider should be recognised.
Underwriting is changing, but it's here to stay
Underwriting technology isn’t replacing underwriters; it’s giving them breathing room to provide maximum value. This article looks at three ways technology can help underwriters by automating tasks and making it easy for them to access the people and data required to assess complex risks.
Blog: Using data to build better ways of doing business
Using examples of insurers who are transforming their businesses, this article looks at the processes linked to data integration and automation that can enable insurers to open up new business opportunities and improve interactions with their most profitable clients.
Benefits and risks of building with cross laminated timber
Widely used in Europe, cross laminated timber (CLT) is one of the newest and hottest topics and materials in American construction today. This article looks at the myths, risks and the value this product can deliver on a project.
Keyless cars: Vulnerable to theft
A recent report by Which? revealed that four of the five best-selling car models in the UK are susceptible to ‘keyless theft’. Could this be the reason motor theft figures rose in 2017/18? Download this article to find out more.
Five reasons an industry platform is the right choice for property and casualty insurers
An industry platform unifies three elements: software, services, and ecosystem. Given the remarkable pace of change in the property and casualty industry, this article highlights the five imperatives facing insurers that make an industry platform the right answer for the P&C industry.
Internet of Things offers insureds added value
The Internet of Things is not only transforming the way we live and work, it can also be used as a risk management and loss prevention tool. This article highlights how insurers can leverage the IoT to detect fraud, increase precision in underwriting risk and automate claims processes.
Customers at the center of P&C insurance innovation
Record-low volumes of new insurance shoppers, price competition among insurers, and emerging InsurTech disruptors have forced insurers into aggressive customer courtship mode. With customers at the center of P&C insurance innovation, this article focuses on three compelling innovation stories.
In-depth - Technology: Driving up costs
This In-depth feature studies the impact of advanced driver assistance systems on the cost of motor claims and the number of catastrophic personal injuries, before highlighting how brokers can assist customers during the claims process.
Blog: Model behaviour for insurance risk prediction - destroying the myth of the magic funnel
In this blog post, Alan O’Loughlin, head of analytics and statistical modelling at Lexis Nexis Risk Solutions, highlights how insurers can gain a strategic advantage over their competitors by maximising their data models to create more intelligible insights.