Embracing Automated Underwriting

Automation implies labor-saving steps, which is usually followed by layoffs. So it should come as no surprise that some underwritersdont look kindly on automated underwriting solutions since the perception that has arisen is that the role of the underwriter is shrinking.

By Robert Regis Hyle | Updated on April 09, 2012

Automation implies labor-saving steps, which is usually followed by layoffs. So it should come as no surprise that some underwritersdon’t look kindly on automated underwriting solutions since the perception that has arisen is that the role of the underwriter is shrinking.

But at least one industry analyst looks at underwriting automation for commercial lines as a way to augment the talents of underwriters and provide them more information to improve the decision process.

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