Commercial Underwriting is both a craft and a science. Expertise and intuition combine to determine the price and terms of a contract.
The limitations of this approach – significant key man/woman risk, limited knowledge transfer, high costs – shape the practices of an underwriting unit.
Technology offers the opportunity to transform commercial underwriting and enable better decisions, faster, at scale.
This webinar will explore:
- leveraging the experience of an entire organization in individual risk decisions;
- complimenting traditional underwriting data with behavioral signals;
- codifying knowledge to reduce enterprise risk;
- preparing underwriters for an enhanced role.
Principal Insurance Analyst,
Mike Fitzgerald is Principal Insurance Analyst at CB Insights, where he researches technology trends in the insurance industry.
Mike brings extensive industry experience to the analyst role. Prior to joining Celent, he was vice president of enterprise underwriting solutions at Zurich North America. He also held a number of front line and headquarters positions at Royal & Sun Alliance.
Mike has a Bachelor of Arts in economics from Davidson College and an MBA from the Fuqua School of Business at Duke University. He is a Chartered Property Casualty Underwriter (CPCU) and a certified Project Management Professional (PMP).
Founder & CEO,
Andy is the founding CEO of Concirrus and since then has led the company’s strategy to solve a problem in the insurance industry – how to harness the power of big data and artificial intelligence to improve loss ratios.
Andy has driven the vision and product roadmap of the company, built a solid customer base and reputation for the business. In 2019 Andy was voted the second most influential person Worldwide in Marine Insurance.
Prior to Concirrus Andy had extensive experience in telematics, big data, and insurance in start-ups, turnarounds, and M&A. He's passionate about discovering new business models that technology can unlock for the insurance market and their customers.
About CB Insights
CB Insights builds software that enables the world’s best companies to discover, understand and make technology decisions with confidence. By marrying data, expert insights and work management tools, clients manage their end-to-end technology making process on CB Insights. For more information, visit www.cbinsights.com.
Concirrus is the creator of Quest, an insurance software platform developed with, used and trusted by insureds, insurers, reinsurers and brokers around the world. Quest allows existing and new data to be ingested, understood and presented in a way that provides valuable insights to help improve loss ratios.
Quest analyses billions of historical and real-time data sets to derive new behavioral factors that can be used to look at risk in a more targeted, intelligent way. A cloud-based, scalable enterprise grade solution, the Quest platform is used and trusted throughout the (re)insurance market value chain enabling optimization of risk management portfolios. For more information, visit www.concirrus.com.