The Underwriter's Role in a Data Rich World |
Jason Bowman, ACII, DMU(AMS) Andy Ferris, FSA, MAAA, CFA Susan Ghalili, FALU, FLMI, CLU |
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The underwriting profession is experiencing a radical shift in focus as vast amounts of data become available
to enhance and streamline the process. Underwriters are increasingly being involved in reviewing new data
sources, supporting the deployment of rule engines, assessing predictive models and evaluating the impact
of emerging approaches such as electronic health records and wearable technologies. In addition, the rise of
analytics is enabling a fresh look at the assumptions that drive our business model. This session will explore
the availability and use of data and how underwriters will need to adapt to take advantage of a data rich world.
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