Underwriters determine an insured’s risk by accessing and analyzing relevant data to make risk-adequate decisions. Often this data is stored in various different formats and across multiple silos. Underwriters need better data integration to support new tech (e.g. AI) and automation to help evaluate and price risks, based on better data.
Chief Underwriting Officers at large enterprise Insurance companies can get more accurate, real-time risk assessment – at lower cost – by integrating ALL their data into a platform that supports automation driven by next-gen technologies like AI, machine learning and NLP. MarkLogic is uniquely qualified to integrate and curate data – while ensuring security and governance – and make it available for both operational and analytical purposes.