From data to decision: how insurers are using underwriter workbenches in 2024
#underwritingevolution
From data to decision:
How insurers are using underwriter workbenches in 2024
Two thirds of underwriters say they cannot get all the data and information they need to make risk decisions quickly and efficiently, according to Intelligent Insurer and Send. Underwriters spend 40% of their time on administrative tasks, according to an Accenture survey of US underwriters, which also found that inefficient systems, redundant inputs and manual processes are what hold them back most.
In this report, InsTech starts with the basics of what to look out for when comparing underwriting workbenches, and shares the experiences of some of those who have deployed workbenches, so the market can learn from the early adopters.
Download your Guide to Underwriting Workbenches
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