Automated intelligent underwriting
Boost underwriting efficiency and profitable business without compromising risk.
The Automated Intelligent Underwriting: Opening New Markets and Opportunities for "Life" webinar discussed how life insurers are capitalizing on straight-through processing and improving the customer experience.
About the webinar
The COVID-19 pandemic has accelerated the pace of digital transformation. Carriers must adapt - touchless underwriting and alternative data sources challenge conventional thinking on risk and drive real-time product and service offerings.
Insurtechs are helping accelerate this transition with new engagement models using health and wellness, and risk models that can supplement, or in some cases replace, typical evidence gathering with expanded real-time data and sophisticated underwriting rules.
Accenture uncovered the opportunities and shared how new models and technology will lead the market forward. And with any big shift comes regulatory considerations. ACLI discussed what they see happening at the federal and state level and topics to watch.
The Accenture Life Insurance & Annuity Platform (ALIP) Point of View on Automated Underwriting: Breaking the rules to spark an underwriting revolution explores innovative underwriting concepts that, when combined with automation and ecosystem orchestration, enable an accelerated end-to-end new business process without compromising the rigor required to evaluate risk.READ THE POINT OF VIEW