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Data-driven underwriting in the marine insurance sector

06.07.21 Thomas Anderson

In June 2021, Thomas Anderson, Director of Sales, US, AdvantageGo, moderated a virtual roundtable, All Aboard for Data Analytics, as part of the Marine Insurance Americas online conference. Participants Susan Carr, AVP Technology & Operations, The Great American – Ocean Marine Division; Drew Feldman, Head of Marine, CNA Hardy; Mike Karbassi, Chief Underwriting Officer and Founder, Corvus Insurance; Andrew Kinsey, Senior Marine Risk Consultant, Allianz; Vitor Ribeiro, Head of Data, AM Re Syndicate Inc. and Luke Wolmer, Senior P&C Analytics Manager, Swiss Re, discussed the application of data analytics and the impact of algorithmic underwriting in driving underwriting profitability and efficiencies in the marine insurance industry.

In this write-up, first published in The Marine Insurer, June edition, reporter Peter Birks, covers some of the key messages raised during the discussion, and the views and experiences shared by participants on how technology is minimising exposures and improving underwriting decisions.

Download the PDF of the write-up.

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