Leading insurer rolls out real-time, risk-based underwriting

Leading provider of personal lines property and casualty insurance with written premium of more than $500 million.  Real-time underwriting of new business, which lowered its combined ratio, reduced underwriting losses and improved targeting of new business 

Major insurer selected FICO® Decision Management Suite to implement a new application processing system and completed the project—which included FICO® Blaze Advisor® decision rules management system and FICO models for its new auto and home insurance business—within six months.