Leading insurer rolls out real-time, risk-based underwriting
Benefits include improved financial performance, consistent decisions across channels, greater operational efficiency
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.
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