Underwriting Workstation for Profitable Growth at a P&C Carrier

Underwriting workstations have added a level of business value for insurance carriers which was not achieved before. While a lot of carriers need to focus on data management issues and change management issues as it pertains to their legacy systems, the initiative to replace core processing and record keeping systems do not add value to the topline as much.

Bottom line savings and data management are important issues, but there are ways to get the topline growth which all carriers require, without the extensive surgery which comes with the changes to core systems. An interesting development with the advent of the underwriting workstation option is the availability of tools which the business can use to guide their internal processes to achieve more.

Without trying to describe the value in detail, which I will add on in a future blog, it will be useful to go through the webinar below, which could provide with the interested reader with a lot of information first person from a panel of speakers including a market analyst (P&C - Novarica), vendor (ValueMomentum) and a client who has gained substantial value by such an approach (CIG - California regional carrier)

Next Generation Underwriting Workstation for Profitable Growth at a P&C Carrier