Carpe Data and Harbor have announced a new partnership designed to improve underwriting workflows specifically for excess and surplus (E&S) insurers. By integrating AI-driven signals, the collaboration seeks to help insurers make quicker, more informed decisions.
The partnership will provide several key features, including:
This initiative primarily targets E&S insurers looking to improve their operational efficiency and accuracy. By utilizing AI, they can potentially reduce turnaround times for underwriting and enhance their overall service delivery. Additionally, this development signifies a broader trend in the industry towards adopting technology to stay competitive.
While this partnership is a positive step for those involved, it is essential to monitor how these changes affect existing processes and customer experiences. Continuous feedback from insurers and end-users will be crucial to ensuring that these new tools meet the evolving needs of the market.
As indicated by the official announcement, this collaboration reflects a growing recognition of the importance of leveraging technology in the insurance landscape, particularly in a sector that often deals with unique and complex risks.
Original Source: https://beinsure.com/news/carpe-data-harbor-team-es-underwriting/