Carriers are increasingly adopting algorithmic underwriting due to advancements in data access and analytics. This approach enhances decision-making, improves risk assessment, and streamlines operations. Algorithms, used alone or with traditional rules engines, help automate underwriting fully or partially. Key benefits include a 50% reduction in processing times, simplified decision-... https://www.insurancebusinessreview.com/news/key-areas-where-algorithmic-underwriting-highlights-beneficial-impacts-nwid-648.html