Insurance Underwriting A reality check on the data accuracy debate with respect to automation in insurance January 30, 2023 by adamdev The insurance underwriting process naturally involves vast amounts of data, which is why so many insurers are interested in automating the underwriting submission process. But automation invariably raises questions about data quality and accuracy that are fundamental to maintaining good loss ratios and overall competitiveness.Ā Art Borden, a recent guest on my Unstructured Unlocked podcast, […] Read more Ā» insurance intake insurance underwriting underwriting
Insurance Intelligent Document Processing How Intelligent Document Processing Enables Document Automation for Underwriting August 5, 2021 by adamdev Insurance companies ā whether life,Ā property & casualtyĀ or commercial āĀ know they have to be accurate in their underwriting processes in order to be profitable. But underwriting is a process that can be laborious, involving humans extracting data from various types of documents, most of them unstructured. Thatās why so many companies are interested in technologies that […] Read more Ā» insurance underwriting P&C insurace