Infographic:
Automated Underwriting for Insurance

Infographic:
Automated Underwriting for Insurance

Underwriting is the process of evaluating and measuring the financial risk connected with a person or entity, often in the context of providing loans, insurance coverage, or making investments. This assessment is carried out by underwriting specialists employed by different financial institutions. But with a manual underwriting system, insurance providers struggle with data extraction from multiple systems, performing risk assessment and making right decision. In this infographic, we will explore the types of underwriting and how automation can simplify the underwriting process.

Infographic: Automated Underwriting for Insurance

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Underwriting is the process of evaluating and measuring the financial risk connected with a person or entity, often in the context of providing loans, insurance coverage, or making investments. This assessment is carried out by underwriting specialists employed by different financial institutions. But with a manual underwriting system, insurance providers struggle with data extraction from multiple systems, performing risk assessment and making right decision. In this infographic, we will explore the types of underwriting and how automation can simplify the underwriting process.

Infographic: Automated Underwriting for Insurance

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