Underwriting Talent Crisis Solutions | Boost Efficiency with AI

Insurance is grappling with an underwriting talent crunch fueled by two converging factors:

The underwriting talent pool is shrinking fast.

By 2026, 400,000 insurance employees in the U.S. are expected to retire.

Insurance struggles to attract the best new talent.

The industry has a reputation for being outdated, unexciting, and lagging behind in technology adoption.

Review everything quickly.

Current processes are highly manual, and as a result, submissions get reviewed too late or not at all.

Handle complex submissions without sacrificing accuracy.

Any new approach cannot introduce errors that have to be found and corrected.

Keep your experienced underwriters in control.

Insurance requires hard-earned experience, expertise, and human judgment in complex situations. Removing underwriters completely creates unnecessary risk.

Pre-trained templates

Cannot handle the variety and constant change in submission document formats coming from the market.

Gen AI

Is not trustworthy as it is prone to hallucinations and cannot explain its answers, making it hard for people to verify, improve and ultimately trust.

"Black box" AI models

Without explainability, auditability and human oversight will not be compliant with current and upcoming AI regulations.

AI falls short when it aims to remove human underwriters from the process.

Its true value lies in augmenting underwriters’ capabilities, not in replacing them.

Underwriters are experts who use their experience and judgment to evaluate risks that are too complex and nuanced for AI alone.

Embrace AI Augmentation

AI works best when it empowers underwriters, allowing them to apply their expertise in new, innovative ways.

Discover how AI empowers teams

Prioritize The Right New Business

Successful insurers know that not all submissions are equal— AI helps them prioritize those most likely to bind, even the most complex, boosting their win rates.

See how AI gives you an edge

Keep your Experts in the Loop

By adopting human-in-the-loop AI, underwriters can work faster and more efficiently, all while maintaining their crucial role in the process.

Find out how AI and experts work together

With more submissions than ever, carriers and MGAs face:

A critical shortage of underwriters to review them all.