Relationships are hard work and without good communication, they become strained- regardless of the circumstances.
Broker and underwriter relationships are no different. Whether you’re a broker trying to build and maintain a rapport with customers or an underwriter trying to assess submissions and determine acceptable risk, a shared understanding of each side's priorities, goals, and pain points is key for healthier relationships and faster processes.
That’s where insurance modernisation can help. Thanks to the emergence of insurtech and the wave of solutions that have come since, there are more options available than ever before to improve some of the most painful insurance processes - including broker and underwriter workflows.
This blog highlights four steps for more efficient broker and underwriter collaboration.