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Extent of automation is low in underwriting, compared to other insurance processes such as Claims.

Underwriter’s expertise and experience decide what risk gets covered and at what premium. There is no easy way to automate this complex decision-making process. In fact, in our view, we should not even try it. Instead, we should use RPA and other Digital tools to enrich and augment underwriter’s effectiveness and not replace them.

So, what are these opportunities where Digital can help in Underwriting?

  • Bots that mop up all the relevant information and gives a quick view of risk score
  • Cut down the paperwork especially data inputs using LTIs MosaicTM Entity Extractor
  • Do an automated quote comparison and suggest the best one
  • …and many more

Join our interactive webinar on Friday, October 16, 2020, 10:00 am BST:

We will be sharing client examples, the processes to choose and the process to avoid, tools that you need and template project plan to get started with an initiative like this.

You’ll have the opportunity to ask questions and book a free consultation with one of our experts post webinar.

Webinar Registration

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About LTI:

L&T Infotech (LTI) is a leader in digital solutions and services with a significant presence in Insurance industry. We have deployed 2000+ bots and automated 3000+ processes and sub-processes. Our clients include Arthur J Gallagher, Marsh, JLT, Ergo, Liberty, Munich Re. LTI has bagged many awards in Automation, including GSA UK 2019 Automation Champion of the Year.

Meet the Speakers

 
Swapnil Pitale

Swapnil Pitale

Practice Head, Intelligent Automation

Global leader with over 22 years of rich experience in delivering transformational projects for Fortune 500 companies

Lavanya Kaul

Lavanya Kaul

Senior Solution Director, Europe

Digital transformation leader with extensive experience in commercial Insurance space working closely with customers in Lloyd’s of London, Europe enabling their IT & business transformation journeys for submissions, policy management and claims

Shivani Gupta

Shivani Gupta

Senior Solution Architect, Europe

Insurance industry expert with more than a decade experience in Lloyd’s of London, Europe in solution design and project delivery for transformation, product design for underwriting and risk management functions