Insurance Insurance Underwriting How to speed up insurance submission triage and reduce underwriting leakage with artificial intelligence October 26, 2022 by adamdev A good part of the reason commercial insurance companies suffer from underwriting leakage is because examining each broker submission takes too much time. A solution lies in using artificial intelligence to help automate the insurance submission triage process, enabling the same staff to handle more submissions. The traditional submission triage process is highly manual. An […] Read more Ā»
Insurance How partnerships help drive underwriting transformation and automate the insurance submission process October 18, 2022 by adamdev Commercial insurance companies looking to automate the insurance submission request process may get a boost from a joint project Google Cloud and The Travelers Companies are working on. Their project is focused on cloud-based data and analytics tools that promise to help insurance companies get to risk selection faster with improved decision-making and loss ratios. […] Read more Ā»
Insurance Intelligent Process Automation How to automate the insurance submissions intake process and drive new premium growth October 13, 2022 by adamdev Commercial insurance companies are in a conundrum. Due to the current economic uncertainty theyāre generating lots of new insurance submission intake requests, but canāt process them nearly fast enough to capture all the potential new business at their doorstep. What companies need is a way to automate the insurance submission process and increase underwriting profitability. […] Read more Ā»
