Tapping Into AI & ML to Foster Greater Accuracy & Efficiency in Underwriting
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The commercial insurance market is no stranger to advanced technology, using it to impact workflows to meet insureds\\u2019 demands for faster turnaround times and greater accuracy. Now, AI and ML are being applied to commercial insurance underwriting, helping insurers underwrite property risks more accurately and efficiently.
In this Insurtech Center podcast, Elizabeth Casas, Verisk\\u2019s head of commercial lines, underwriting, goes deeper into how AI and ML are impacting commercial lines underwriting. You\\u2019ll learn:
- The evolution of the use of AI and ML to collect data;
- How digital technologies are helping insurers to upgrade and enhance their underwriting capabilities by mining \\u201cactionable\\u201d data; and
- How digital technologies complement, rather than replace, human intervention to enable greater efficiency and accuracy.