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2024 Agenda

ITC Vegas

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Driving Profitability with AI-Powered Externalized Rating and Underwriting Presented by WTW

October 16, 2024
Innovation in Action Track

Insurers can realize great value in speed-to-market and operating costs by externalizing rating and underwriting rules from their policy admin system. This session will discuss how personal and commercial lines insurers can leverage AI/Machine Learning to take their stop-and-go linear processes to ongoing monitoring, analysis, decision-making, and deployment cycles. We will explain the benefits of this eco-system approach, hear practical insights from insurance leaders about how they drove this transformation at their companies, and walk through common pitfalls to avoid realizing the total value of externalized rating. 

Speakers
Laura Doddington, Head of Personal Lines, Insurance Consulting and Technology - WTW, North America