Personal lines insurers seek fast quoting for better customer experiences (CX), but they also need rigorous cost and underwriting controls.
Automated underwriting can help homeowners insurers be thorough, consistent, and fast with timely, actionable data and analytics.
Validating roof age is an ongoing challenge for homeowners insurers that demands a range of reliable sources to verify age, condition, and characteristics.
Applying an inflation-based index to reconstruction cost estimates (RCEs) can cause homeowners insurers to miss important property changes at policy renewal.
Accuracy and speed are two pillars of successful property underwriting—and often the hardest to achieve. Insurers usually sacrifice one for the other, typically…
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