Achieve Profitable Growth with Intelligent Underwriting Decisions.
By using efficient underwriting systems, property and casualty(P&C) carriers can streamline the entire process from quote to policy. This can help to reduce paperwork and manual processes, reduce errors and costs associated with incorrect decisions, and provide a better customer experience. Efficient underwriting systems can also help to monitor and analyze risk selection, pricing, and profitability across different markets and customer segments.
Our next-gen automated underwriting system includes:
- Artificial intelligence and advanced pattern matching to automate the process of underwriting which takes a much shorter time compared to the traditional underwriting method.
- A judicious combination of human logic and artificial intelligence/machine learning, robotic process automation, and sensor technology like IoT to augment risk understanding for better decision-making.
- Critical insights from intelligent data-driven analysis based on insurance/loss history and outcome prediction resulting in highly effective closure of new business cases with the best-combined ratio.
- Cognitive workflow automation with AI-based digital business assistants, multi-currency/multi-lingual/multi-channel experience, image recognition, and NLP.
Success stories.
Case Studies | Insurance | Property casualty | Underwriting.
Automated Email Processing to Enhance Underwriter Productivity and Efficiency.Case Studies | Insurance | Property casualty | Underwriting.
Simplified Customer Onboarding for a Global Financial Services Client.Case Studies | Insurance | Property casualty | Underwriting.
Powering Up Underwriting: How AI Triples Submission Processing for a Global Insurer.![CS Item 1 (5)-3](https://www.coforge.com/hs-fs/hubfs/CS%20Item%201%20(5)-3.jpeg?width=600&height=800&name=CS%20Item%201%20(5)-3.jpeg)
Case Studies | Insurance | Property casualty | Underwriting.
Automated Email Processing to Enhance Underwriter Productivity and Efficiency.
![CS Item 2 (7)-1](https://www.coforge.com/hs-fs/hubfs/CS%20Item%202%20(7)-1.jpeg?width=600&height=800&name=CS%20Item%202%20(7)-1.jpeg)
Case Studies | Insurance | Property casualty | Underwriting.
Simplified Customer Onboarding for a Global Financial Services Client.
![CS Item 3 (4)-Jul-15-2024-09-09-41-4014-AM](https://www.coforge.com/hs-fs/hubfs/CS%20Item%203%20(4)-Jul-15-2024-09-09-41-4014-AM.jpeg?width=600&height=800&name=CS%20Item%203%20(4)-Jul-15-2024-09-09-41-4014-AM.jpeg)
Case Studies | Insurance | Property casualty | Underwriting.
Powering Up Underwriting: How AI Triples Submission Processing for a Global Insurer.
What we know.
Blog | Insurance | Property casualty | Underwriting.
Insurance - Improving Underwriting through Cognitive Approach.Blog | Insurance | Property casualty | Underwriting.
AI Speeds Up Property Appraisals for High-Value Insurance .Blog | Insurance | Property casualty | Underwriting.
The Evolving Role of the Underwriter: Key to Success in Insurance.![Artefact 1 (5)-3](https://www.coforge.com/hs-fs/hubfs/Artefact%201%20(5)-3.jpeg?width=600&height=800&name=Artefact%201%20(5)-3.jpeg)
Blog | Insurance | Property casualty | Underwriting.
Insurance - Improving Underwriting through Cognitive Approach.
![Artefact 1 (6)-2](https://www.coforge.com/hs-fs/hubfs/Artefact%201%20(6)-2.jpeg?width=600&height=800&name=Artefact%201%20(6)-2.jpeg)
Blog | Insurance | Property casualty | Underwriting.
AI Speeds Up Property Appraisals for High-Value Insurance .
![Artefact 1 (7)-2](https://www.coforge.com/hs-fs/hubfs/Artefact%201%20(7)-2.jpeg?width=600&height=800&name=Artefact%201%20(7)-2.jpeg)
Blog | Insurance | Property casualty | Underwriting.
The Evolving Role of the Underwriter: Key to Success in Insurance.
WHAT WE DO.
Explore our wide gamut of digital transformation capabilities and our work across industries.
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