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26 Apr 2021Ended

Overcome Organisational Silos, Leverage Internal Data and Promote a Data-Driven Underwriting Culture

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upto 100
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Based on previous editions

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Apr 2021

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Not Available
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Overcome Organisational Silos, Leverage Internal Data and Promote a Data-Driven Underwriting Culture Agree a way to formulate and correlate financial .. Read more data, client data and risk data effectively, overcoming antiquated systems and a lack of consensus between departments to foster a data-driven culture. Leverage granular data and build in-house models to make better decisions for insuring perils. Establish underwriting protocol, ensure consistency, and ultimately drive underwriting profitability. Marry interpersonal skills with the latest understanding of statistics, analytics and emerging technologies—such as AI/ML, blockchain and the internet of things (IoT)—to usher in a new era of tech-savvy underwriters who are confident building models and integrating vast quantities of data. Feed claims data back into underwriting in a robust and standardised way to enable a better view of risk, as well as more accurate pricing and reserving.

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