AXIS (AXIS Capital)’s Post

Leading the “Radical Transformation” Coming to Commercial Lines Underwriting Macroeconomic headwinds, growing risks, rising customer demands, and increasingly aggressive rivals, have commercial lines carriers “on the cusp of radical transformation,” according to KPMG. Charanjit Singh Saggu, Director of Underwriting Innovation at Zurich North America, joins InsurTalk, hosted by Laura Drabik, Chief Evangelist at Guidewire, to talk strategies for driving commercial lines innovation to protect margins, reduce losses, expand share, and build competitive differentiation in 2024 and beyond—listen now: https://lnkd.in/giGU6hNv #PandCinsurance

In the current world of underwriting, the art of evaluating risks has long been complemented by scientific analysis. However with the increasing availability of data and advanced analytics, underwriters now have an opportunity to enhance their decision making processes with data-driven insights and transform commercial lines underwriting. How can insurers leverage technology and explore the synergy of art and science to strengthen risks assessments, improve accuracy, streamline operations to ultimately transform underwriting processes? Find out more about how insurers and brokers are navigating the new normal with innovative tools to unlock underwriting excellence at Commercial Lines Innovation Europe 2023 (October 4, London). For a full list of speakers and a detailed agenda, download the brochure here: https://lnkd.in/eRfbdrTr You’ll hear from 30+ true innovators in commercial risk, including: Robert Haider, Chief Officer, Vienna International Underwriters Hayley Spink, Chief Operating Officer, Apollo Syndicate 1969 Christina Lippert, CUO, Coverys International Reto Arrigoni, Global Head of Casualty Underwriting, Generali Global Corporate & Commercial Louise Smith, Global Leader of Neuron Digital Trading, WTW At this thought-provoking event, you’ll hear from experts forging the path forward in commercial risk. #commerciallines #insurance #innovation

Leading the “Radical Transformation” Coming to Commercial Lines Underwriting Macroeconomic headwinds, growing risks, rising customer demands, and increasingly aggressive rivals, have commercial lines carriers “on the cusp of radical transformation,” according to KPMG. Charanjit Singh Saggu, Director of Underwriting Innovation at Zurich North America, joins InsurTalk, hosted by Laura Drabik, Chief Evangelist at Guidewire, to talk strategies for driving commercial lines innovation to protect margins, reduce losses, expand share, and build competitive differentiation in 2024 and beyond—listen now: https://lnkd.in/giGU6hNv #PandCinsurance

Quess GTS is a leading solution provider in the Commercial P&C and Specialty lines space bringing innovative and competitive offerings to the market. With over 2 decades of expertise immersed in the intricacies of underwriting and risk triage operations, we ensure effective risk management, claims processing, strategic pricing, enhanced fraud detection, and compliance. Harness the power of automation, generative AI to ingest submissions, and deploy predictive models for decisions to transform risk assessment in our industry. With innovation from Digital technology, we can analyze a multitude of variables from applicants' documents, claims history and other sources to eliminate prep work enabling the underwriter to focus on complex cases and sub-standard risk pricing. Connect with Quess GTS (https://lnkd.in/gkvKTY9a) to explore solution opportunities to empower your underwriters with Digital risk management from First Notice of Submission to First Notice of Loss. #Insurance #InsurTech #Compliance #Underwriitng #InsuranceTechnology #GenAI #specialtylines #propertyandcasualty #mga #carrier #fnol #riskmanagement #neutrinos #insurancebrokers

Pete Osheim, MBA, Senior Director of Sales for LexisNexis, sat down with Insurtech Insights' Global Partnerships Lead, Rory Pyke, at Insurtech Insights USA 2024 in New York last month, to discuss the critical contributions being made by data-driven workflows to carriers. Osheim says: "Theres a whole lot of data out there in the universe and I think its probably overwhelming for most carriers. And it's not only overwhelming within of itself, it's tough to decide what's important, what's relevant - and then, 'how do I consume it?'" #insurtechinsights #insurance #data #workflows #lexisnexis

A Look into the Future Insurtech Trends for Claims Management in 2024 This article delves into the significant trends within the industry and provides key insights that will characterize the Insurtech landscape

Here's one of our recent pieces of thought leadership on the benefits of technology in the evolving risks landscape. In this video (click on the link below), Penny Randall Seach, Chief Underwriting Officer here at Zurich Insurance, shares her insights of how digital innovation in underwriting is shaping the customer experience, offering more opportunities and benefits to clients. #zurichinsurance #reputation #communications #corporateaffairs #corporatecomunications Zurich Commercial Insurance Z Zurich Foundation Zurich North America Zurich UK Zurich Schweiz Zurich Canada Zurich Australia Zurich Australia

Leading the “Radical Transformation” Coming to Commercial Lines Underwriting Macroeconomic headwinds, growing risks, rising customer demands, and increasingly aggressive rivals, have commercial lines carriers “on the cusp of radical transformation,” according to KPMG. Charanjit Singh Saggu, Director of Underwriting Innovation at Zurich North America, joins InsurTalk, hosted by Laura Drabik, Chief Evangelist at Guidewire, to talk strategies for driving commercial lines innovation to protect margins, reduce losses, expand share, and build competitive differentiation in 2024 and beyond—listen now: https://lnkd.in/giGU6hNv #PandCinsurance

Leading the “Radical Transformation” Coming to Commercial Lines Underwriting Macroeconomic headwinds, growing risks, rising customer demands, and increasingly aggressive rivals, have commercial lines carriers “on the cusp of radical transformation,” according to KPMG. Charanjit Singh Saggu, Director of Underwriting Innovation at Zurich North America, joins InsurTalk, hosted by Laura Drabik, Chief Evangelist at Guidewire, to talk strategies for driving commercial lines innovation to protect margins, reduce losses, expand share, and build competitive differentiation in 2024 and beyond—listen now: https://lnkd.in/giGU6hNv #PandCinsurance

Today, AXIS (AXIS Capital) announced a brand refresh and a new tagline, #SpecialtySolutionsElevated, that aligns with our ambition of elevating AXIS as a specialty underwriting leader with products and solutions that directly deliver on our customers’ needs. To learn more, watch the video below. #specialtyinsurance #specialtyinsurer #specialistreinsurer