Steve Smith, Director, Insurance Product and Modeling with QOMPLX, discusses how the climate crisis is set to trigger change within the insurance industry, “...as the climate crisis evolves many risks will become effectively uninsurable, representing a loss of business to the insurance industry.”
Phishing attacks are an easy way for a bad actor to gain access to a network. Once inside, they can cause devastating losses.
Automation of underwriting decisions has a very tangible benefit - cost savings. When rules are automated and decisions are made based on reliable supporting data, underwriters can focus on the outliers and make the most of their precious time.
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