How Insurers are in Control of Risks at Underwriting
4 Insurers Share Their Experience to Stay in Control of Risks at UnderwritingIt is important to have a clear picture of potential customers before they enter your insurance portfolio. Insurers should decide on the amount of risk they are willing to take in. Every insurer needs to answer 3 basic questions while onboarding a (online) customer, namely:
- Who am I doing business with?
- Am I allowed to do business with them?
- Do I want to do business with them?
In this ebook, 4 insurance companies share their experience on the way they are in control of risks at underwriting. InShared for instance - An Achmea initiative- has a fully automated risk assessment solution. Via automated risk assesment InShared is able to build a healthy online portfolio.