underwriters in the UK now have access to risk scores for property and real estate by artificial intelligence firm Cytora as part of efforts to enhance underwriting decisions across the insurer’s commercial portfolio. QBE has deployed a risk rating engine designed to enhance underwriting decisions. The new system will be used by the company in its capital markets business, which includes trading and investment banking activities. The risk engine blends internal data from insurers with the digital footprint of businesses, to produce a risk profile and score for commercial properties.
QBE has deployed a risk rating engine designed to enhance underwriting decisions. The new system will be used by the company in its capital markets business, which includes trading and investment banking activities. The risk engine blends internal data from insurers with the digital footprint of businesses, to produce a risk profile and score for commercial properties.