Successfully Automating Small Business Underwriting

2021 has been a year of significant progress in the industry, as disruptors are serving customer segments previously left out of the insurance equation. One such group that have often struggled to find coverage is the SME sector.

Speed is an undisputed benefit of Robotic Process Automation (RPA). Speed at scale, though, is a tandem every enterprise is aiming for, when charting digital transformation across its departments. This applies even more within the Finance & Banking industry, where process efficiency is vital. Enter Intelligent Indexing, a small, yet very important part of the puzzle, proven to quickly process documents that do not always follow the same standard, and which slow down important tasks.

In late 2021, we were presented with what Mark Zuckerberg has described as “the successor to the mobile internet”. The metaverse has the potential to reimagine Internet 2.0 from the ground up, right at a time in which the insurance industry is still making its own transition to Internet 1.0. In this event we will discuss what insurance products could look like within the bounds of the metaverse. What impact will this technology have on the way in which insurance products are bought and sold? And more than just being a distribution platform for insurance products, will the metaverse present a new range of insurable risks?

In this webinar with ITL Editor-in-Chief Paul Carroll, Dr. Michel Leonard, head of the Insurance Information Institute's Economics and Analytics Department, lays out the Triple-I's latest thinking on the perplexing problem of inflation.