A Game-Changing Underwriting Platform
The role of automation and AI assistance in underwriting is rapidly evolving, and here at Cogitate we’re excited about the results our clients are experiencing on our underwriting workbench. In a recent study by Capgemini, a survey of P&C insurers suggested that 41% of the underwriter’s time is spent on “administrative and operational activities constraining their capacity and triggering value chain challenges in pricing and broker/customer experience.” The focus of this blog is to share some of the ways we’re lifting these manual constraints for our clients.
First and foremost, we value the craft of the underwriter and seek to support the role with technology, not replace it. Infusing the underwriting workbench with assistance, automation, and risk intelligence reduces time-consuming activities, delivers data-driven insights, provides predictive indicators to support decisions, and removes friction. On Cogitate’s insurance underwriting platform, underwriters can reclaim the time they need for their craft and accelerate responses to distribution partners.
Source: https://www.cogitate.us/blog/a-game-changing-insurance-underwriting-platform/
The role of automation and AI assistance in underwriting is rapidly evolving, and here at Cogitate we’re excited about the results our clients are experiencing on our underwriting workbench. In a recent study by Capgemini, a survey of P&C insurers suggested that 41% of the underwriter’s time is spent on “administrative and operational activities constraining their capacity and triggering value chain challenges in pricing and broker/customer experience.” The focus of this blog is to share some of the ways we’re lifting these manual constraints for our clients.
First and foremost, we value the craft of the underwriter and seek to support the role with technology, not replace it. Infusing the underwriting workbench with assistance, automation, and risk intelligence reduces time-consuming activities, delivers data-driven insights, provides predictive indicators to support decisions, and removes friction. On Cogitate’s insurance underwriting platform, underwriters can reclaim the time they need for their craft and accelerate responses to distribution partners.
Source: https://www.cogitate.us/blog/a-game-changing-insurance-underwriting-platform/
A Game-Changing Underwriting Platform
The role of automation and AI assistance in underwriting is rapidly evolving, and here at Cogitate we’re excited about the results our clients are experiencing on our underwriting workbench. In a recent study by Capgemini, a survey of P&C insurers suggested that 41% of the underwriter’s time is spent on “administrative and operational activities constraining their capacity and triggering value chain challenges in pricing and broker/customer experience.” The focus of this blog is to share some of the ways we’re lifting these manual constraints for our clients.
First and foremost, we value the craft of the underwriter and seek to support the role with technology, not replace it. Infusing the underwriting workbench with assistance, automation, and risk intelligence reduces time-consuming activities, delivers data-driven insights, provides predictive indicators to support decisions, and removes friction. On Cogitate’s insurance underwriting platform, underwriters can reclaim the time they need for their craft and accelerate responses to distribution partners.
Source: https://www.cogitate.us/blog/a-game-changing-insurance-underwriting-platform/
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