In order for underwriters to mitigate risks accurately and efficiently, they need accurate knowledge and data to work with. When dealing with multiple complex claims, there are many different steps where mistakes can happen, and things can go wrong.
Join Christine Byun and Justen Nestico for this informative podcast discussing the key benefits of predictive modeling. Discover how data-driven results can help underwriters make educated decisions to better understand risks and improve loss ratio and profitability.
The podcast covers:
• The value predictive modeling provides as well as the challenges facing underwriters
• The importance of accurate data and the need for transparency and trust during the underwriting process
• How professionals can use predictive modeling to ensure ethical and non-bias results when applied to underwriting – and so much more
Don’t miss this highly informative podcast and discover what makes predictive modeling such a powerful tool in the modern insurance industry.