The Underwriter of the Future
The future is now
As the insurance industry continues to experience rapid and profound change, the effects are being felt across every major function in the insurance enterprise. Against a backdrop of high-profile and far-reaching acquisitions, insurers of all types have made large-scale investments in modernizing their claims and policy and processing platforms. Underlying those drivers is a more fundamental shift that is expanding the value proposition of underwriting and redirecting its essential role in the insurance enterprise.
The role of the underwriter:
(hover to learn more)
Four key capabilities for the future of underwriting: Findings from the EY-CPCU Society underwriting survey
EY and CPCU Society ® surveyed more than 1,000 underwriting professionals- including senior executives and managers- to learn more about the changing role of underwriting and strategic investments at their organizations. More than 60 percent of respondents work in commercial lines, and nearly as many work at large carriers. A full 66 percent have been in underwriting for at least 11 years.
Download the full report