Ascot were searching for an underwriting platform which would enable them to digitise and automate their manual intensive peer review process
The tool needed to permit Ascot’s reviewers to increase the number of review completed and to minimise time spent on the peer review process
“Digitising and automating our peer review process was a key priority at Ascot. We chose AdvantageGo’s ‘Underwriting’ platform as it provides users with an intelligent layout of screens that intuitively present large quantities of data allowing our reviewers and underwriters to analyse policies at a granular level.”
Complete 20% more reviews
Reviewers can carry out 20% more reviews in the same time compared to Ascot’s previous system.
Optimise the peer review process
‘Underwriting’ has minimised time spent on the peer review process by removing the need to cross-check key information across disparate systems.
Increase the velocity and agility of decision making
Underwriters can now analyse policies at a granular level, enabling them to deliver analytics-driven insights throughout the decision-making process.
Eliminate bottlenecks & maximise efficiency
Underwriting’s allocation engineer moved bottlenecks and delivered a more intelligent distribution of the peer review workload across teams.
“By utilising direct integrations to a number of supporting systems, we now have a unified presentation of all risk-related information to fully support Ascot’s Peer Review process.
‘Underwriting’s’ allocation engine delivers a more intelligent distribution of the peer review workload across our teams, eliminating bottlenecks and enabling reviewers to complete 20% more reviews in the same time compared to our previous system.
Users now spend significantly less time on the peer review process as ‘Underwriting’ eliminates the need to cross check.”
This year’s 1.1. reinsurance renewal season has been particularly challenging for many...Read More