Personal Lines Underwriting is Entering a New Age of Data - Insurance-Canada.ca

Nov.9, 2022 — By Deb Smallwood, Strategy Meets Action — It would not be an understatement to say that the insurance industry is built on data.For decades, insurers have harnessed data and analytics to drive risk analysis decisions, and perhaps no other segment has done that better than personal lines.

In particular, data has transformed underwriting, and new research paints a picture of how insurers plan to continue leveraging data's power to accelerate underwriting transformation.

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Publisher: Insurance Canada