Digital Underwriting in P&C: Leveraging Digital Thinking and a Digital Platform for Transformation
As insurers continue to adopt the latest digital technologies, tedious and time-consuming underwriting processes as well as lack of collaboration and communication make it difficult to quickly respond to agent / broker and customer expectations.
A holistic and unified view with enhanced capabilities can enable intelligent automation and augment underwriters’ expertise, enhanced risk selection with AI / ML and improved profitability. Majesco Digital Underwriter360 for P&C delivers on this with digitally enabled technology and data proliferation that transforms how underwriters collect risk data, analyze it, and assess multi-level risk assessments.
Working with KPMG on the customer experience design and development of the solution using Majesco Digital1st® Insurance, a no code / low code Digital Experience Platform with robust insurance content, Majesco Digital Underwriter360 for P&C increases productivity and addresses underwriter’s pain points and improves business outcomes including the following capabilities.
Read the latest report from SMA ‘Digital Underwriting in P&C: Leveraging Digital Thinking and a Digital Platform for Transformation’ to better understand:
- The gaps, pain points and opportunities in underwriting
- How a digital mindset and platform can address today’s challenges
- Benefits of Majesco’s Digital Underwriter360 for P&C