The way in which data is used to support decisions around residential property underwriting in the UK is changing. Data is becoming more granular, and with that underwriters are gaining a fuller understanding of property risk. This is used to both help ensure home insurance prices remain competitive, and to help better calculate and manage exposure for reinsurance purposes.
However, obtaining the data needed to succeed in this environment can be challenging, and the increasing use of smartphones to buy home insurance has also shaken things up.
Watch this webinar to learn more about some of the challenges insurers face in adapting to this new environment, along with the opportunities that different property data sources can provide. This webinar features unmissable insights from Jes Westerman of Verisk and Richard Coleman of Archipelago, along with a Q&A session at the end.
Presentation Date:
Thursday, April 23, 2020
Speakers:
Richard Coleman
Managing Director
Archipelago Risk
Jes Westerman
Head of Strategic Projects
Verisk UK