Build Resilience And Drive Growth With Forward Thinking Underwriting
It’s not a secret that the underwriting market is changing at a rapid pace. Technological advances are moving the space forward and underwriting executives are starting to recognise the necessary tools to avoid being left behind in a previously manual space.
But despite these moves forward, significant and new challenges remain: new and complex risks are emerging throughout different lines, data issues continue to permeate the space, and macroeconomic factors are having a drastic impact on risk assessments and claims. Although technology is slowly being embraced, it’s difficult to keep up with the ever-changing technological landscape.
How can underwriters harness the power of new technologies, adapt to emerging risks and implement new processes and solutions to keep pace with this changing landscape, stay competitive and become more efficient and profitable?
The Underwriting Innovation Europe conference to be held in London, June 6–7, 2023, will address the issues affecting underwriters and provide a unique opportunity to discover how to develop underwriting systems that are fit for the future, identify the right partner for your transformation process and master how to enhance portfolio management by working smarter for competitive advantage.
This annual event, hosted by Intelligent Insurer, will bring together all underwriting stakeholders for a productive discussion on the major concerns including digitisation, evolving risks, data challenges, and growth opportunities.
Two Days of Content Tackling the Biggest Issues in Underwriting
Harness the power of data to improve underwriting performance:
Combat the overflow of unstructured data and pricing challenges by proactively managing risks and alleviating the burden of administrative tasks, increase underwriting capacity, reduce the cycle time for policy insurance and discover policyholder behaviour with advanced analytics, governance frameworks and triaging risks.
Prepare for the future of underwriting:
Discover the courage to implement change and prepare for the future by embracing mass data for value-added insights, increase efficiency and enhance underwriting functions through emerging technologies and digitisation and prepare for AI-powered underwriting to obtain a treasure trove of data about risks.
Macroeconomic challenges and the road ahead:
Navigate market cycle and inflation risks and manage costs effectively, create more resilient business and more engaged customers with new cyber posture tools, combat climate change and create tailor-made products and reduce costs, and attract the best talent with digital transformation initiatives.
Adapt to a changing world of risk:
Leverage continuous underwriting and grow your portfolio to drive the insurance value chain and enhance value creation, tailor underwriting decisions and provide better customer experiences through automation, improve the precision of risk calculations and provide unveiled transparency with new solutions to catastrophe events and technology.