underwriting

Triple-I Blog | Improved Commercial Auto Underwriting Profitability Expected After Years of Struggle – Go Health Pro

by
Triple-I Blog | Improved Commercial Auto Underwriting Profitability Expected After Years of Struggle – Go Health Pro

The commercial auto insurance line has struggled to achieve underwriting profitability for years, even before the inflationary conditions that have been affecting property/casualty lines more recently. This trend has been accompanied by steady growth in net written premiums (NWP). This weakness in underwriting profitability has been driven by several causes, according to a new Triple-I … Read more

3 life insurance underwriting predictions for the year ahead | Insurance Blog – Go Health Pro

by
3 life insurance underwriting predictions for the year ahead | Insurance Blog – Go Health Pro

Life insurance stands on the cusp of a new chapter in reinvention. Until now, insurers have been gradually moving forward with wide-scale digital transformation. But with the impacts of AI, including generative AI, change is coming fast. We’re in a vibrant new year, and life insurers are starting to accelerate and implement their reinvention strategies. … Read more

Triple-I Blog | Personal Lines Underwriting Results Improve, Reducing Gap With Commercial Lines – Go Health Pro

by

The U.S. property and casualty insurance industry experienced better-than-expected economic and underwriting results in the first half of 2024, according to the latest forecasting report by Triple-I and Milliman.  The report was released during a members-only webinar on Oct. 10. The industry’s estimated net combined ratio of 99.4 represented a 2.3-points year-over-year improvement, with commercial lines … Read more

5 areas of algorithmic underwriting advantage | Insurance Blog – Go Health Pro

by
5 areas of algorithmic underwriting advantage | Insurance Blog – Go Health Pro

Use of algorithmic underwriting is increasing across the insurance industry. With enhanced decision-making and improved risk assessments, an algorithmic approach to underwriting can optimize operations for insurers and experience for their customers. In this post we delve into the evolution and advantages of algorithmic underwriting and share our insights on building and scaling an algorithmic … Read more

7 strategic cyber steps for the Chief Underwriting Officer | Insurance Blog – Go Health Pro

by
7 strategic cyber steps for the Chief Underwriting Officer | Insurance Blog – Go Health Pro

Cyber is an expanding net-new growth area with opportunity to deliver a compelling insurance offering especially in the mid-market. Yet, the path to becoming a market-leading and profitable cyber insurer is fraught with challenges. In this article, we outline the essential strategies to develop a top-tier cyber offering, culminating in a guide to the 7 … Read more

x