At most insurers right now, underwriting is fragmented into market segments or lines of business. This drives internal competition and tactical success, but it can also hold back the investments needed for underwriting to reach its full potential.
My colleague Kym Gully and I recently joined Josh Landau, the president of the International Insurance Society, to discuss the role of the Chief Underwriting Officer in today’s industry, and why changing that role can unlock strategic growth.
The ideas Kym and I present in our discussion with Josh are explored in detail in our recent paper, “Future of the Chief Underwriting Officer.”
You can find the full paper, which includes three steps for driving underwriting transformation at a strategic level, here.
And of course, if you’d like to discuss underwriting change at your own organization, I’d love to hear from you. I can be reached here.