The day-to-day work of an Underwriter ranges from research, to data entry, to pricing a risk, to ultimately negotiating that premium value with an agent. At the core, they need to accurately gauge risk, on a case by case basis. But their job doesn’t stop there. Even if we were to codify all the significant risk factors (as actuarial tables do), this doesn’t translate directly to how much the insurance firm ultimately charges for a given premium. Underwriters need to create an offer that they can justify to their customers, and keep an eye on the prevailing market dynamics.
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On June 23rd, Ironside hosted a webinar with Pitney Bowes on how to gain valuable insight when you seamlessly integrate Location Intelligence and business analytics. Crystal Meyers, BI Engagement Manager with Ironside and Heidi Geronimo, Principal Product Manager for LI with Pitney Bowes presented on how Location Intelligence, regardless of size, is a strategic priority for insurers, especially in the Property & Casualty area.
Insurers need precise efficient ways to aggregate, visualize, and assess P&C risk. We will review what can be done to diminish these risks and show a live demo of a risk aggregation solution which was designed specifically for P&C Insurers.
Ironside is proud to announce the launch of its innovation center with a number of exciting new packaged Ironside solutions built on the IBM Business Analytics and Information Management portfolio. These solutions are designed to accelerate and multiply client return on investment and address specific functional and industry business problems. Be sure to contact us or stop by our booth at IBM Information on Demand next week to speak to our industry and functional solution experts in person. Read more