Transforming Finance & Operations in Insurance

BriteCore community members share about their digital transformation journeys, key lessons learned, and the pivotal role new technologies play in accelerating growth and positioning organizations for new opportunities.

An increasingly global economy means your clients’ world business travel is increasing too. So are their travel-related risks, such as language barriers, unfamiliar medical care, and endemic diseases. As part of Chubb’s Foreign Voluntary Workers Compensation, we engage a leading global medical assistance provider, Europ Assistance (EA), to provide covered employees with 24/7 access to medical assistance services around the world. Join us to learn more about how Chubb and EA work together to take care of your clients’ employees as they travel, hear about real cases and how Chubb and EA work together to bring employees safely home.

Customers are looking for simple, straightforward processing of small commercial applications. Automated underwriting can help insurers get ahead in the “Race to Zero”— the point where applicants have no further questions to answer when they come to you for coverage except their business name and address. For effective automated underwriting, insurers must master the intersection of data, analytics, workflow, and technology.

To be successful, an insurer has to correctly estimate the probability of losses. To do that, the insurer collects information about risks and other factors, whose presence increases the probability of losses. For a very long time, the collection of such information has been done manually. However, things are changing. Insurers are using new technologies which automate the assessment of risks and sharpen loss probability estimates. This webinar, presented by Donald Light, discusses how insurers are using these new technologies, with special reference to cyber.