Digitising London market underwriting
Overcoming the operational challenges to streamline processes and improve underwriting decision making
The Gherkin
Free to attend
Overview
Overcoming the operational challenges to streamline processes and improve underwriting decision making
The process of underwriting London market risks still relies too much on manual data entry and ingesting unstructured data in different formats. This approach is costly, time consuming, and error prone.
However, as digital technologies develop and advances in data analytics and automation continue at pace, the race is on to enable data-driven underwriting processes that will provide the cutting competitive edge as well as delivering efficiencies.
This breakfast briefing will explore how these technologies are being applied NOW in the London market, and the practical challenges that need to be overcome to achieve success in the future.
Topics to be discussed include:
- Moving from a traditional paper-based approach and processes to digital
- Best practices for extracting and enriching submission data
- Applying advanced analytics and models to help underwriters make better decisions more quickly
- Strategies for delivering this change across the organisation
Speaker
- Takes place in the private dining rooms at the top of the Gherkin
- Only 15 industry practitioner places are available
- Hear the case study then participate in the Q&A
AGENDA
08:00 Registration, tea and coffee
08:15 Breakfast of your choice with views over the city
08:40 Introduction by the chair
08:50 Presentation
CASE STUDY: Overcoming the operational challenges to achieve digitally-enabled data-driven underwriting
- Leveraging technology, data and automation to transform underwriting processes
- Using analytics to improve decision making
- Key criteria to successfully automate underwriting data enrichment from third party sources
Speaker
09.05 Roundtable discussion & feedback
10:00 Close
Sponsored by
mea is an AI-powered enterprise platform that makes insurance easier. Its intelligent platform takes the effort out of essential processes so insurers, brokers, and MGAs can focus on their competitive edge.
Designed for insurers by insurers, mea automates critical activities, boosts productivity, and protects combined ratios and margins. mea’s pre-trained Insurance AI engine, ora, can be immediately applied and rapidly scaled to provide insurers, brokers and MGAs with the right data, in the right format, at the right time.
Developed by a team of insurance veterans and technology talents, mea tackles industry challenges by enhancing the intuitiveness of critical insurance processes. As a result, operating costs are reduced, allowing insurers, brokers, and MGAs to allocate their resources towards building and growing their businesses more effectively.
For more information click here
Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent and innovation led company with 738,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology with unmatched industry experience, functional expertise and global delivery capability. We are uniquely able to deliver tangible outcomes because of our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Accenture Song. These capabilities, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients succeed and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities.
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