Overcoming data overload: the tools underwriters need to get the job done

Whether in the US, the UK or anywhere in the world underwriters are overwhelmed by information and undermined by fragmented systems and processes. Too much time is spent on manually reviewing submissions that are hard to price accurately. Systems and workflows that enable rapid, accurate decisions are key to growing premiums and underwriting more profitably. In advance of our event in New York on 14th March we're exploring best practices from leading underwriters. Wherever you are in the world - how do you select the right tools to get the job done? Join InsTech and guests as we discuss what insurers are doing to: - Reduce time spent on admin and more time on risks that are in appetite - Win more business by returning quotes to brokers quicker - Identify and analyse the data you need to price risk accurately - How different tools can fit together to help you make decisions in half the time Panel: - Jonathan Wong, VP Underwriting, Arch Capital Group - Zaheer Hooda, Head of North America, Cytora - Richard Gunn, CRO, hyperexponential - Moderated by Matthew Grant, InsTech Continuing Professional Development (CPD) This InsTech Webinar is accredited by the Chartered Insurance Institute (CII). By watching, you can claim up to 0.5 hours towards your CPD scheme. By the end of this Webinar, you should be able to meet the following Learning Objectives: - Identify some of the strategies or tools that can streamline underwriting processes - Describe how the implementation of the tools or systems discussed can lead to a reduction in the time taken to assess risk - Explain how a combination of different tools can be employed to gather and analyse data efficiently, resulting in more accurate decision-making