Transforming Underwriting: From Risk Selection to Portfolio Management

Topics:
Insurance
Tags:
Business Operations,
Celent,
Corporate Insurance,
Data Management,
Insurance,
Marketing,
Portfolio Management,
Pricing,
Selection
Source:
Celent

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Overview: Nothing in insurance is more important than risk selection and risk pricing. The convergence of four technologies-business rules engines, predictive scores/analytics, data management, and optimization-now provides insurers with a significant opportunity to improve how they do underwriting. These technologies create a superior way to evaluate risks and to determine a strategically competitive rate. This white paper evaluates the potential operational and financial impact of currently available technologies on the property/casualty underwriting process.

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Format: PDF | Size: 192KB | Date: Mar 2004 | Pages: 20

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