William T. Budde is vice president, sales and marketing, for Instec.
One of Mark Twain's most recognized quotes is, “The reports of my death have been greatly exaggerated.” Underwriters and Mark Twain have rarely, if ever, been mentioned in the same sentence, but underwriters may have more in common with the author than would initially appear.
It is true that underwriting job growth is in decline. Employment of underwriters is expected to drop by four percent by 2018, with the steepest drop felt in the most highly commoditized lines of business that lend themselves best to automation.
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