Unleash the Power of Data for Dynamic, Future-proof Underwriting
About this talk
The climate threat, global unrest, ESG priorities, the impact of pandemics, and the shift between hard and soft markets all underline the need for data-enabled underwriting and better insights.
Data today often doesn’t look like the traditional information used by insurers, such as tables, charts and similar data structures. Apart from the changing volume, variety and velocity of data, business needs are also becoming more complex. So getting the strategy and approach right is crucial – the stakes have never been higher.
This webinar will investigate the digital transformation journey for underwriters – breaking it down into four steps to deliver dynamic, future-proof underwriting. We’ll be focusing on what good looks like for underwriters: what the common pitfalls are as insurers walk the path to harnessing the full potential of the data in their business, and why each step is necessary on the path to reaching that potential.
• Data Platforms: discover how modern data platforms provide a firm foundation for data-enabled underwriting, enhancing underwriters’ skills and delivering a strong competitive advantage.
• Knowledge Engineering: we investigate why insurers should strengthen their platforms with advanced digital tools and treat data as code, to better integrate data and maximise its value.
• Data Enhancement: how underwriters can get ahead of events, become trusted risk advisors and increase customer lifetime value.
• Data Industrialisation: we explore how data should be viewed as a product with multiple use cases and applied at scale to achieve precise business objectives.
➤ Gary Richardson, Chief Digital Officer - 6point6
➤ Dan Budden, Head of Data Consulting - 6point6
➤ Bill Pieroni, Chief Executive Officer, ACORD
➤ Anthony Peake, Chief Executive Officer, Intelligent AI