FTI Consulting’s recent underwriting benchmark studies of leading insurers have shown that up to 40% of underwriting time is spent on non-core activities.
On 3rd July FTI’s Insurance Practice co-hosted a Breakfast Briefing with Amlin. The topic was ‘Are insurers increasingly over-reliant on models’? Our guest speakers were Anders Sandberg, Oxford University and JB Crozet, Amlin.
The insurance industry depends increasingly on a wider variety and amount of data streaming in with increased velocity from multiple disparate sources.