Digital Underwriting

As the insurance industry becomes increasingly digitalised, new and unprecedented technologies are making data more accessible, accurate, and easy to consume, fundamentally altering the way information is exchanged – and the way the industry conducts business.

The importance of underwriting in the insurance value chain cannot be overstated, but despite this importance, there are several pain points that continue to dog the industry.

Ben Huckel, live at the London Market Conference, talks to Meg Green about the challenges facing underwriters, and Send's 'bionic underwriter' approach.

Eva Boeijen, global product director for insurance at Mendix, and Seth Rachlin, insurance industry leader at Capgemini, discuss how their partnership and the new templates they’ve launched together are accelerating digital transformation in the insurance industry.

At the Insurtech Insights USA conference in New York, Insider Engage spoke to several companies about what they see as the biggest issues facing the industry — and how insurtechs can help meet those challenges.

Deploying a mix of lead and follow, manual and automated underwriting strategies known as a Multiple Approach to Underwriting (MAU) has brought its own complexities and inefficiencies that many organisations are living with. Organisations need to recognise the opportunities presented by MAU and optimise the benefits from working this way. This can be complex, but the good news is that support is on the horizon.

Stephen Catlin and Paul Brand, who co-founded Convex in 2019, say keeping employees happy gives them an edge in the market.