Accelerate Your Digital Journey in Commercial Lines Underwriting

Cutting through the Data Noise in Small Commercial Underwriting

Overview

Many small commercial insurers are leveraging data to make underwriting decisions with greater speed and precision. But some data that’s available is not useful for small commercial insurers and creates extra “noise” for already busy underwriters.

Tracey Waller, Director of Small Commercial Underwriting, spoke with Property Casuality360^o to explore how to cut through the data noise in small commercial underwriting and how focusing on the right data can help underwriters make more effective decisions and help agents capture and retain customers.

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Small commercial insurers are on a quest for simpler, faster, more accurate quoting. It’s harder to achieve when data is full of inaccuracies and noise—and short on insight.

Three steps to less data noise for small commercial insurers

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How Verisk can help

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With automated underwriting, shrink small commercial quote turnaround time from days to seconds with robust data-driven analytics and deep risk insights.

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