On-Demand Webinar

On-Demand Webinar – Using Continuous Digital Underwriting For Small Business WC Insurance

Insurers competing in the workers’ compensation space for small business recognize the opportunity, but often find it difficult to adapt traditional underwriting approaches to a volume-based business with lower premiums.
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Presenters

Webinar Description

Webinar Sponsor

The facts are clear. Small businesses comprise the vast majority of commerce conducted in the United States. Looking at just one line, they represent billions in workers’ compensation insurance premium, much of it untapped.

Insurers competing in the workers’ compensation space for small business recognize the opportunity, but often find it difficult to adapt traditional underwriting approaches to a volume-based business (with lower premiums).

That’s where continuous digital underwriting comes in. Using tools that gather highly granular company data, analyze risk exposures and provide meaningful guidance can make all the difference for this crucial, high growth sector.

In this hour-long webinar, Jesse Lou, senior product manager for Guidewire, will discuss opportunities around…

  • Enabling an automated underwriting process by gathering company-specific data and using a risk rating for triage
  • Accessing more refined risk differentiation of similar looking businesses, and leveraging this approach in underwriting and pricing
  • Economically expanding your risk appetite by getting broader and deeper data-driven insights across the market, to support prospecting new segments

Who should attend this webinar?

Underwriting heads

Insurance product executives

Actuaries

Insurance Company CEOs and COOs.

Chief Risk Officers

 

Register to watch the On-Demand Webinar

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The R&I Editorial Team can be reached at [email protected]