Creating efficiencies for underwriters is complex. No two underwriting offices function in the same way and no two underwriters process information in the same way. Building technology to create these productive efficiencies is not a technological challenge, but a design challenge. This is because there are just so many edge cases that if you simply design for the typical workflow, you will miss quite a bit of the opportunity.
In this episode of Profiles in Risk (E464), Tony chats with Jeff Tyler and Suman Palit at Insurance Quantified and Groundspeed Analytics. Submission IQ designed by Insurance Quantified uses data science at the top of funnel, streamlining the underwriting desk helping underwriters make decisions faster and quote faster. Groundspeed delivers intelligent document processing. Together they create an incredible combination.
About Nicholas Lamparelli
Nick Lamparelli is a 20+ year veteran of the insurance wars. He has a unique vantage point on the insurance industry. From selling home & auto insurance, helping companies with commercial insurance, to being an underwriter with an excess & surplus lines wholesaler to catastrophe modeling Nick has wide experience in the industry. Over past 10 years, Nick has been focused on the insurance analytics of natural catastrophes and big data. Nick serves as our Chief Evangelist.
Nick Lamparelli is a 20+ year veteran of the insurance wars. He has a unique vantage point on the insurance industry. From selling home & auto insurance, helping companies with commercial insurance, to being an underwriter with an excess & surplus lines wholesaler to catastrophe modeling Nick has wide experience in the industry. Over past 10 years, Nick has been focused on the insurance analytics of natural catastrophes and big data. Nick serves as our Chief Evangelist.