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The Web Can Transform Underwriting

Getting it rightthats probably every underwriters nightmare, especially with the exponential increase in capital into the insurance industry since the terrorism of Sept. 11.

Getting it right. Unquestionably, its every insurance executives dream that underwriters accomplish this goal.

In a fast moving world driven by technology, many insurance company senior executives still find themselves mired in old-school underwriting and, as a consequence, are probably losing a lot of sleep. Their nightmares are filled with visions of non-adherence to underwriting and rating rules and state regulations, inaccurate pricing, duplicate submissions, ceiling high stacks of paper, and re-keying errors.

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