Generative AI has the potential to significantly enhance underwriting by automating document review, summarizing information, analyzing risk, and streamlining repetitive tasks. This can lead to faster, more accurate decisions and increased productivity. However, insurers must address concerns around data security, privacy, and model bias to maintain compliance. Underwriting leaders are encouraged to begin shaping GenAI strategies and prioritize pilot projects based on business impact, cost, and cultural alignment. Early adopters stand to benefit most, making it essential for executives to act now and guide organizational readiness.

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