Case Study

Quality data streamlines insurer’s decision-making, improves competitiveness

Quality data streamlines insurer’s decision-making, improves competitiveness

A large insurer offers a broad range of property/casualty products across most U.S. states and the District of Columbia. The company works through independent insurance agents, who live in the communities they serve and build relationships to support satisfied, loyal policyholders. To streamline and improve underwriting and pricing decisions, the insurer’s personal-lines group rolled out an array of Precisely Spectrum solutions and datasets. The result is a straight- through process that, in many cases, enables policies to be written without input from a human underwriter. For policies that require human intervention, Spectrum Spatial streamlines decision-making. Both approaches save time for agents and for the insurer’s internal staff. They also lead to better underwriting and

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