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Finding the right chemistry for auto underwriting—today and tomorrow

Auto insurers rode into 2021 on waves of change and uncertainty. Their challenge: Adapt on the fly to fast-evolving trends and thrive through disruption.

Auto Underwriting: An Innovation Driven Formula For Profitable Growth

Four catalysts can improve and accelerate underwriting.

With upheaval affecting both commercial and personal auto, Verisk hosted a webinar to explore the chemistry of success—an innovation-driven formula for profitable growth. Four catalysts can speed up reactions that produce faster, better underwriting: Scalable technology, robust data and analytics, and a strong innovation partner—all leading to a new, smarter economic equation.

Auto Underwriting: An Innovation Driven Formula For Profitable Growth

And we looked at three key strategies to accelerate competitiveness:

  • Transform the customer experience for what comes next. That means delivering on a tall order of customer expectations: Fast and simple digital transactions, a human connection, secure access, and sophisticated products.
  • Extract maximum value from insurance-ready data. It depends on multitasking data across the policy life cycle with real-time response and cost-efficient tools.
  • Harness the potential of scalable technologies. A resilient digital ecosystem can give the confidence to scale up with minimal disruption to meet changing and growing customer demands.

The webinar further illustrated how that ecosystem can enable high-impact results and high-efficiency operations, as seen in multiple case studies demonstrating best practices and the latest technologies and advancements.

View the on-demand webinar: Auto Underwriting: An Innovation-Driven Formula for Profitable Growth

Diane Injic

Diane Injic is director of ISO Commercial Auto Underwriting at Verisk. Reach her at

Jason Polayes

Jason Polayes is director of product management at Verisk. He can be reached at

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