The Underwriter of Tomorrow

In order to modernize insurance operations and infrastructure, the underwriter must also change and ultimately take on four new roles.

The role of the underwriter continues to change. In order for insurers to modernize their operations and infrastructure, underwriters also must evolve their skill sets and shift their focus to address the shifting expectations of customers, agents and business owners.

To this end, EY published a report that explores the transforming role of the underwriter. The focus of underwriting, EY says, will soon shift away from internal processes and specific transactions toward market-facing relationships and sales. An increasing level of automation and stronger analytical capabilities also will contribute to this shift in focus.

Follow along to see the four roles EY predicts underwriters will begin assume in near the future.

  • Photo courtesy of Fotolia



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