Leveraging data, analytics and automation to transform underwriting in the London market

 

 

Breakfast briefing   |   1st March,  08:00 - 10:00  |  The Gherkin, London

Leveraging data, analytics and automation to transform underwriting in the London market

| The Gherkin

Automating the extraction and enrichment of unstructured pre-bind data to streamline processes and improve underwriting decisions

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 competitive edge as well as delivering efficiencies.

This breakfast briefing will explore how these technologies are being applied now in the London market, the practical challenges that need to be overcome to achieve success, and future developments in digital underwriting.

Topics to be covered include:

  • Moving from traditional paper-based approaches and processes to digital
  • Best practices for extracting and enriching submission data
  • Applying advanced analytics and models to help underwriters make better decisions in a shorter time
  • Strategies for delivering this change across the organisation

Sponsored by

A logo for EXL

Speakers

David McKenzie
IT Business Relationship Director
CNA Hardy
Paolo Cuomo
Operations Director
Brit Insurance

register now

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

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
  • How has this delivered ROI and what have been the lessons learned

register now

David McKenzie
IT Business Relationship Director
CNA Hardy
Paolo Cuomo
Operations Director
Brit Insurance

09.05 Roundtable discussions and feedback

10:00 Close

36