How Curiosity Could Revolutionize AI Forever!

Supercharge Your AI: The Secret Strategy of Underwriting Curiosity!

Gianfranco Lot, CUO P&C Reinsurance at Swiss Re, underscores the transformative role of data and technology in underwriting while emphasizing the irreplaceable value of human expertise.

Here’s a distilled view of his insights:

Tech’s Transformative Role

• Enhanced Risk Assessment: AI and vast data streams (from sensors, satellites, etc.) enable underwriters to evaluate risks with unprecedented depth, improving pricing accuracy and portfolio resilience.

• Efficiency Gains: Automation, like large language models, accelerates tasks such as treaty screening and scenario modeling—processes that once took days now occur in minutes.

• Forward-Looking Tools: Platforms like Swiss Re’s CatNet® leverage AI and geodata to predict wildfire risks, while tools like Rapid Damage Assessment provided real-time loss insights during Hurricane Ian, aiding claims planning.

The Human Imperative

While technology unlocks efficiency, Lot stresses that curiosity, critical thinking, and emotional intelligence remain vital:

• Guiding Tech: Underwriters must direct AI to high-value areas, asking the right questions and validating outputs to avoid pitfalls like AI “hallucinations” or embedded biases.

• Mitigating Risks: Over-reliance on algorithms risks poor decisions and cyber vulnerabilities. Human judgment is key for nuanced client conversations, such as restructuring portfolios or exploring new solutions.

Strengthening Client Partnerships

• Data-Driven Insights: Swiss Re’s global risk data helps clients answer critical questions: Do you understand your large losses? Are you over/under-exposed? Which losses did you avoid?

• Innovation Through Collaboration: Technology fosters informed discussions, enabling tailored risk mitigation and innovative products. Yet, trust and loyalty stem from human relationships, which no algorithm can replicate.

Lot advocates for a symbiotic approach, harnessing AI’s speed and scale while leveraging human experience to interpret data, challenge assumptions, and build client-centric solutions. As conference season nears, he highlights the enduring importance of face-to-face dialogue to align tech tools with real-world challenges.

The Startup Making Underwriting 10x Faster (and Cheaper)

As a rare fully independent MGA and wholesale broker, USG Insurance is carving a unique path by eschewing generic software solutions. Instead, the firm designs proprietary underwriting tools tailored to empower its teams with real-time precision, agility, and data-driven decision-making.

President Timothy Horton emphasizes that USG’s systems prioritize underwriting expertise over rigid accounting frameworks. Unlike competitors tethered to off-the-shelf platforms, USG’s in-house tools focus on accelerating risk analysis, enabling underwriters to instantly align coverage options with carrier requirements and regulatory shifts. “We process data dynamically, offering core and recommended protections for every classification code—all in real time,” Horton notes.

Breaking Silos, Unifying Data

USG’s subsidiaries operate from a centralized database, seamlessly integrating third-party data and cross-team collaboration. This interconnected ecosystem eliminates silos, allowing unified pricing strategies across volatile lines like habitation, transportation, and natural catastrophes.

“Geographic and regulatory nuances demand synchronized decisions,” Horton explains. “Our shared platform ensures every team accesses the same live data, driving consistency without sacrificing flexibility.”

Human Judgment in the Age of Automation

While USG embraces AI and automation, Horton underscores that human expertise remains irreplaceable. “Automation handles speed and scale, but underwriters must own the risk,” he asserts. Borderline cases still require broker-carrier dialogue—a testament to the irreplaceable value of experience. That said, USG is doubling down on AI integration, structuring its tiered data interface to allow deeper dives as algorithms evolve.

Agility Through Independence

USG’s autonomy extends beyond tech. With in-house developers and project teams, the company iterates systems without vendor bottlenecks. This self-reliance permeates its culture: subsidiaries collaboratively define workflows and revenue splits, guided by those “closest to the risk.”

Horton rejects rigid playbooks, instead fostering a framework where cross-functional teams operate transparently within shared files. “Adaptability isn’t an afterthought—it’s baked into our DNA,” he says.

By merging bespoke technology with human insight and operational fluidity, USG is reimagining how complex risks are managed. In an industry often hamstrung by legacy systems and internal friction, its model offers a blueprint for balancing innovation with the irreplaceable nuances of underwriting acumen.

Meet Underwrite.In, Revolutionizing Insurance Underwriting With AI

We’re Underwrite.In, and we’re here to fix what’s broken in insurance underwriting. Let’s cut to the chase: traditional underwriting is stuck in the past. Manual data entry, siloed information, and sluggish decision-making aren’t just headaches, they’re costing your business time, revenue, and the chance to deliver exceptional customer experiences.

At Underwrite.In, we asked: What if underwriting could be faster, smarter, and more transparent? That’s why we built an AI-powered platform designed to tackle the industry’s biggest pain points head-on.

The Challenges We Solve

• Inefficient Data Handling: Manual processes drown teams in paperwork and errors.

• Slow Decisions: Weeks spent on risk assessments delay opportunities.

• Lack of Transparency: Scattered documents and unclear metrics erode confidence.

• Outdated Risk Analysis: Static methods miss critical trends and patterns.

Our Mission

We exist to empower underwriters. By automating routine tasks and unlocking data-driven insights, we help you make faster, smarter decisions—without sacrificing accuracy or compliance.

How We Do It?

Why Partner with Us?

Underwrite.In isn’t just a tool, it’s your ally in innovation. We integrate seamlessly into your workflows, giving your team superhuman efficiency while keeping compliance and transparency front and center.

Join us in reshaping the future of underwriting. Let’s turn data into your greatest asset and leave inefficiency in the dust.

Here’s to smarter risk, smarter decisions, and a smarter bottom line.

Thank you for reading

Underwrite.In & team