Underwriting data sources and tools continue to emerge and evolve as the industry moves to make the customer experience easier and more engaging. The presenters will address what we know and what we still need to determine about the risk assessment effectiveness and the protective value of new and emerging data sources. They will discuss underwriting tool trends over the past several years including the impact of COVID-19. They will also explore the impact on pricing processes and some issues to consider in light of these new underwriting data sources, tools and processes.
Attend this session and you'll be able to: i. Define new underwriting data sources and toolsii. Identify recent underwriting tool trends, particularly in response to COVID-19
iii. Understand their effectiveness and impact on underwriting and product development processes and procedures
Track: Cultivating Future Opportunities