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5 Tips to Maximize Underwriting Technology Investments

Insurers are making substantial investments in underwriting technology, but the carriers must ensure that they are not just adding tools to the process and that the solutions actually improve efficiency.

By Phil Gusman | Updated on November 12, 2013

Insurers are making substantial investments in underwriting technology, but the carriers must ensure that they are not just adding tools to the process and that the solutions actually improve efficiency, according to a recent survey and report by Accenture.

The Accenture online survey of 559 insurance underwriters in North America found that the majority of carriers are investing in automation, predictive modeling, data verification and collaboration tools.

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