Automating Underwriting to Increase Direct Sales

Categories: AI and MLFinancial Services

The insurance industry is maturing in its digitalization due to customer demand, regulatory compliance, and the presence of digital devices. Today, the technology available in insurance can help improve operations and enhance the customer experience. Underwriting is one area ripe with opportunity to create efficiencies, reduce costs and improve service with automation.

In this paper, you’ll learn how artificial intelligence (AI), RPA, Cognitive Computing, and various data analytics technologies can help intelligently automate underwriting in order to provide a quality, accurate and hassle-free experience. Explore the challenges of traditional underwriting, key levers in automation, how to digitize the underwriting value chain, and how this can positively impact direct sales.

Author

Automatic underwriting process to increase direct sales

Author

Priyanka Chaturvedi

Senior Consultant

View all Articles

Top Insights

Manchester City Scores Big with GlobalLogic

Manchester City Scores Big with GlobalLogic

AI and MLBig Data & AnalyticsCloudDigital TransformationExperience DesignMobilitySecurityMedia
Twitter users urged to trigger SARs against energy companies

Twitter users urged to trigger SARs against energy...

Big Data & AnalyticsDigital TransformationInnovation
Retail After COVID-19: How Innovation is Powering the New Normal

Retail After COVID-19: How Innovation is Powering the...

Digital TransformationInsightsConsumer and Retail

Top Authors

Amit Handoo

Amit Handoo

Vice President, Client Engagement

Chet Kolley

Chet Kolley

SVP & GM, Medical Technology BU

Ravikrishna Yallapragada

Ravikrishna Yallapragada

AVP, Engineering

Mark Norkin

Mark Norkin

Consultant, Engineering

Sujatha Malik

Sujatha Malik

Principal Architect

Top Insights Categories

  • URL copied!