A new report from Celent, a Boston-based financial research and consulting firm, has found that underwriting automation can deliver significant productivity improvements.
The report, “Automating Commercial Underwriting: Overview, Best Practices, and Case Studies,” looks at how commercial lines insurers are benefiting from automating the underwriting process.
According to Celent, underwriting automation can deliver benefits to insurers' underwriting cycle time, productivity, staffing levels and leakage.
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