Introducing automated underwriting, the paper says, could help P&C insurers expand the range of risks they write by utilizing data from real-time sources. This influx of current, real-world data will provide more accurate information for insurers to use to examine risk around things like weather and crime. (Credit: Tuangtong Soraprasert/Shutterstock)
Editor's note: Part one of this story was published on PropertyCasualty360.com Tuesday, January 25, 2022. You can view it here.
Big changes are on the horizon for the home insurance market in the United Kingdom, and a white paper authored by Sabine VanderLinden and released by Bdeo explores challenges in the market and what it will take for the industry to continue to evolve beyond 2022.
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Brittney Meredith-Miller
Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].
