How do underwriters make fast, educated decisions when dealing with SME accounts?
The SME cyber risk sector is competitive and efficiency is key to success for underwriters. They need to select the best risks for their portfolio, whilst maintaining discipline and following an efficient cyber underwriting process. Also, the information provided in the application may be incomplete or unsuitable for a clear underwriting decision. How do you make a faster, more accurate assessment of the best risks to insure, based on your company’s approach and risk tolerance? How can you rapidly triage large numbers of risks and filter for risk quality?
Account Manager combines a large number of data sources – from internal and external security data, historical losses and enterprise data – and applies specialized analytics to produce targeted information on an SME’s cyber risk profile.
With Account Manager every underwriter has instant access to reports on millions of companies, globally, to rapidly triage and filter for risk quality. Security and Exposure scores allow for easy insertion into underwriting guidelines and worksheets. Additional data signals identify known technology dependencies to identify potentially critical third party relationships. These scores also allow for easy identification of potentially risky behaviors or processes that require further discussion with the account.Request more information