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Underwriting

Data and technology are changing the way that insurers underwrite. Improved catastrophe models and new technology for algorithmic underwriting are helping to make the day-to-day lives of underwriters easier.

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Report
May 24, 2022
A beginner’s guide to underwriting workbenches: a digital solution for the augmented underwriter
Underwriting workbenches represent an opportunity for insurers and MGAs to increase their competitive edge by automating administrative processes, augmenting data sets and increasing regulatory compliance.
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Insight
May 23, 2022
Allphins: understanding terrorism exposure
Member Spotlight: Allphins Laurent, why did you start the company? I founded Allphins in 2018 after working for Schlumberger, an energy services company, heading up its European and African investments. I became interested in how our projects and assets were insured, so I started speaking to ...
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InsTech Podcast
April 21, 2022
Composable technology – helping underwriters do what they love
Send Technology is a software company founded in 2017 that has developed a connected workbench that enables insurers, brokers and MGAs to automate, streamline and optimise its operations. It has recently entered its scale-up phase and secured major clients such as Renaissance Reinsurance and Bowhead Specialty. ...
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InsTech Podcast
April 8, 2022
Growing the MGAs of the future
Traditional insurers’ minimum premiums, small transactions and subsequent inability to absorb clients’ portfolio volatility leave MGAs vulnerable. Accelerant provides insurance capacity, technology and investment for MGAs in property and casualty insurance. Jeff Radke, Co-founder and CEO of Accelerant, speaks to Matthew about the role of ...
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Report
March 15, 2022
Algorithmic Underwriting in Specialty Insurance: An implementation guide in six case studies
This InsTech report provides insight on how to implement algorithmic decision-making in the underwriting and broking processes and how to evolve it over time.
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Insight
March 1, 2022
Member Spotlight: Descartes Underwriting
Member Spotlight: Descartes Underwriting Henry: Can you introduce Descartes Underwriting? Alessandro: Descartes Underwriting is an MGA specialised in parametric insurance solutions covering natural perils for over 200 corporate clients, including many Fortune 500 companies and governments. The company was founded in 2018 to take on a different approach ...
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Insight
February 7, 2022
Behavioural economics and underwriting – how science can back expert judgement
Behavioural economics and underwriting – how science can back expert judgement The lifeblood of underwriting is the understanding and prediction of adverse events. Traditionally, an underwriter’s work comprises expert data analysis, an alignment with portfolio strategy, and expert judgement. Emerging research findings show that behavioural ...
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Insight
February 1, 2022
Member Spotlight: Beazley Digital
Member Spotlight: Beazley Digital Beazley is a specialist insurer with three decades of experience in providing clients with underwriting and claims services. Beazley participates in the Lloyd’s market, the largest and oldest insurance market in the world. Through the Lloyd’s broker network and ...
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Insight
January 24, 2022
Member Spotlight: INARI
Member spotlight: INARI Henry: Frank, why did you found INARI? Frank: I had previously been a co-founder of ANV Group, a traditional insurance company running Lloyd’s syndicates and MGAs. I considered how the current technology landscape in (re)insurance could be improved and what ...
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InsTech Podcast
December 3, 2021
Near real time hazard data – around us and above us
This week, we’re bringing you the highlights from our recent live event featuring companies providing and using near real time hazard data to speed up claims handling, reduce costs and provide more accurate underwriting. Data is only any good if it can be easily ...
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Insight
November 30, 2021
Member Spotlight: Intelligent AI
Member Spotlight: Intelligent AI What services does Intelligent AI provide to brokers and insurers? Intelligent AI offers a SaaS (software as a service) platform to support commercial property underwriting. The Intelligent Risk Underwriting Platform provides near real-time location intelligence combined with AI data extraction capabilities ...
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Report
October 19, 2021
A Practitioner’s Guide: Algorithmic underwriting in commercial and specialty insurance
A Practitioner’s Guide: Algorithmic underwriting in commercial and specialty insurance, a new report from InsTech London, offers an introduction into how insurers are beginning to use algorithms to support underwriting decisions.