Does the digital streaming of risk really solve the underwriting productivity problem?
Update: 2021-02-18
Description
Today, insurance faces an agonising productivity problem, and we don’t seem to be getting any closer to solving it. Operational costs continue to rise, the industry as a whole is in the red by average economic profit, and overall productivity hasn’t increased in the last ten years.
But what if there was a way for insurers to increase the number of profitable policies bound, without having to add any additional underwriting capacity?
The good news is, it’s not just speculation. It’s now possible using technology that can digitally stream risk. Cytora's Max Pepe explains all in our latest blogcast.
You can read Max's blog in full on the Cytora website.
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