In times of crisis, insurance companies become inventive, especially when their business is at stake. One of the most important ways to deal with this is a proper ‘selection at the gate’.
This applies to the private market, but most certainly to the commercial market as well. The number of contracts on the commercial market may be lower, but the risks are typically much greater.
This e-book deals with the question of how automated risk assessment can play an important role in the commercial risk underwriting process.
Topics covered include:
• Knowing your prospective clients.
• Which risks are the most critical to gather?
• Continuous compliance.
• Authority to sign.
• Deciding quickly which clients are suitable.
• Automated risk control in support of your identity.