Why AI is the future of underwriting

05-11-2020

Why AI is the future of underwriting

Laila Beane, chief customer officer and head of consulting, Intellect SEEC

As part of Intelligent Insurer’s Underwriting Innovation USA online conference, Laila Beane of Intellect SEEC will outline an AI-powered, data-first approach to a quicker, better and more profitable portfolio. Here she explains what lies in store.

Purpose-built artificial intelligence (AI) technologies offer huge benefits for underwriting effectiveness and enabling scale at a lower cost. Laila Beane, chief customer officer and head of consulting at Intellect SEEC, will lead delegates through these benefits in Intelligent Insurer’s Underwriting Innovation USA online conference running from November 10 to November 12.

Intellect SEEC is an insurtech provider for commercial insurance that delivers enhanced underwriting processes for its clients through its suite of interrelated products. These include Magic Submission, which uses machine learning models and third party data sources to reduce intake cost, improve data quality and risk data footprint of broker submissions; Risk Analyst, which provides comprehensive risk insights and predictive scores on any entity; and Xponent, for underwriting efficiency and collaboration across underwriters, brokers and risk specialists.

“We look at the underwriting process very differently: from the point of broker submission.”


Intellect SEEC, Artificial Intelligence, Underwriting, Insurance, Reinsurance, Laila Beane, North America

Intelligent Insurer