Just as policyholders demand more accurate policy, coverage, and pricing information quickly and virtually, intelligent automation is helping to modernize outdated risk-assessment methods. (Credit: Who is Danny/Adobe Stock)
Imagine a streamlined commercial underwriting process free of persistent phone calls and extensive fact-finding. Imagine much less time spent searching for business and exposure details to develop an accurate quote. This can be a reality with the integration of cognitive technology, which incorporates AI tools and techniques to deliver robust data for classification and risk evaluation. Just as policyholders demand more accurate policy, coverage, and pricing information quickly and virtually, intelligent automation is helping to modernize outdated risk-assessment methods.
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