The Roadmap to Profitable Growth: Strategies for Underwriting Evolution and Execution
After an unprecedented period of turmoil, the insurance industry is generating an underwriting profit in line with historical averages. While carriers have made great strides over the last five years, nearly every insurance carrier still has profitable growth as a top line strategic initiative in 2014 and beyond.
In order to stand out from the competition in years ahead, insurance carriers must move towards data-driven underwriting capabilities, exploit new avenues of growth and capitalize on opportunities to improve risk adjusted profitability. In this webcast, Novarica’s Matt Josefowicz and Pega’s Tom Harrington discuss:
- The continuing evolution and modernization of core underwriting functions
- The role data needs to play in carrier’s long-term growth strategies
- How carrier’s combine modern underwriting capabilities with analytics to enhance growth and optimize risk selection
- Strategies for accelerating underwriting excellence across lines of business and legacy systems