New TowerGroup Research Quantifies Industry Inefficiencies and Demonstrates How Leaders Can Achieve Significant Gains

Up to 30% Profitability Improvements and 90% Reduction in Back-and-Forth Handoffs RevealedIt’s not your same old insurance industry, especially regarding underwriting, according to research on the current state of the underwriting process in the property and casualty market released by TowerGroup today. Making the announcement at the ACORD LOMA Insurance Systems Forum, Riskclick CEO James DeSocio explained, “We commissioned this study to help carriers better understand the state of the market and identify technologies and business practices that can bring tangible results…..

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