Tapping Into AI and ML to Foster Greater Accuracy and Efficiency in Underwriting
The commercial insurance market is no stranger to advanced technology, using it to impact workflows to meet insureds' demands for faster turnaround times and greater accuracy. Now, AI and ML are being applied to commercial insurance underwriting, helping insurers underwrite property risks more accurately and efficiently.
In this podcast, Elizabeth Casas, Verisk's head of commercial lines, underwriting, goes deeper into how AI and ML are impacting commercial lines underwriting. You'll learn:
- The evolution of the use of AI and ML to collect data;
- How digital technologies are helping insurers to upgrade and enhance their underwriting capabilities by mining "actionable" data; and
- How digital technologies complement, rather than replace, human intervention to enable greater efficiency and accuracy.
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