Commercial Lines Underwriting Trends & Priorities ITC 2021 Panel

Hear a panel of senior insurance executives as they discuss the current status of commercial insurance underwriting, business and environmental challenges, as well as technology impact.

Moderator: Mike Fitzgerald, Principal Analyst, CB Insights

Panelists:
Greg Puleo, Vice President, Business Transformation, QBE North America
Yinnon Dolev, CEO, SOMPO Digital Lab Tel Aviv
Cameron Talischi, Associate Partner, McKinsey & Company
Jason McDermott, President and CEO, Chisel AI

Underwriting excellence is the lynchpin to profitable growth. However, manual underwriting processes lack flexibility and are difficult to scale and adapt to evolving customer expectations. Carriers today are doubling down on digital to supercharge their underwriting performance and reduce leakage. They are implementing new technologies and innovative approaches to automate age-old, paper-based manual underwriting processes that cause friction and unlock insights trapped in unstructured data stored across a variety of documents. How will underwriting transform to achieve straight-through processing and adapt to the new realities of operating in a post-pandemic world? Which technologies, data sources, and digital transformation initiatives should carriers focus on in the coming years to better manage risk and make underwriting processes more efficient, profitable, and responsive to customers? What does the future hold for commercial lines underwriting?

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