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Automate to Accelerate: Conquering the Small Commercial Market
Overview
Date: Tuesday, June 11, 2024
Time: 2pm EST | 11am PST
Cost: Complimentary
Webcast Sponsored by:
Is the traditional, manual underwriting process slowing you down?
Join us for a webcast exploring a faster, more efficient way to get small businesses the coverage they need using a two-step underwriting process:
1. Eligibility screening based on accurate classification: Ensure a strong foundation for your policies with precise North American Industry Classification System (NAICS) codes. We'll discuss the importance of accurate codes in setting the foundation for profitable underwriting and how to efficiently obtain them, even with limited information.
2. Risk assessment using advanced data and analytics: Move beyond lengthy applications with advanced models that assess risk based on employee data, revenue, and payroll. We'll also explore how text and image analysis can leverage online and social media sources for a more complete picture.
Don't miss this opportunity to learn how you can transform your small business insurance underwriting process and start experiencing:
• Faster turnaround times: Get quotes to your clients quickly with a streamlined process that minimizes the need for supplemental applications.
• Improved risk selection: Make informed decisions with a deeper understanding of a business's true risk profile.
• Enhanced customer experience: Minimize friction with a smooth quoting process.
Register Now!
Featured Speakers:
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Gavin Mills CPCU, ARM | Sr. Client Relationship Manager | Verisk Gavin Mills leads customer engagement for Verisk's LightSpeed Small Commercial solution. He is responsible for communicating with new and existing customers regarding their data and solutions needs to address workflow and risk mitigation problems. Gavin ensures that the customer industry perspective informs product development as part of a continuous feedback loop. He was previously a member of the Commercial Property team at Verisk. Gavin has a strong property insurance and reinsurance background. Before joining Verisk, he was a Monoline Property, Inland, and Ocean Marine Underwriter at Chubb. He also worked in both the Middle Market and Surety underwriting departments at Hanover where he obtained his ARM and CPCU designations. He also has experience working in claims.
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Phuong Pham | Jr. Product Manager | Verisk Phuong Pham is a Jr. Product Manager leading product innovation workstreams for Verisk's LightSpeed® Small Commercial data and analytics solution. Along with her team, Phuong has successfully launched impactful features such as the NAICS quality improvement and AI/ML models for operational hazards, which empowers several U.S. insurance carriers to transform and streamline their underwriting process. Prior to Verisk, Phuong graduated from Dickinson College with a degree in Mathematics and Quantitative Economics. She currently resides in Toronto, Canada. |