Art or science? Why innovation in underwriting encompasses both - Intelligent Insurer

Marty Ellingsworth, senior analyst, Celent, said: “New and scalable observational data are making point of quote scoring possible for the first time in underwriting. Cars, properties, drivers, businesses, images, trips, maps, and connected sensors are all creating data in the cloud that present scorable historical and current risk information. There is no waiting required to know the risk anymore and continuous underwriting is powered from the same streams of data.”