Daily Fintech Conversations

The Underwriter’s Gambit Part 3: Third Party Data In Auto Insurance

Originally published at: https://dailyfintech.com/2021/06/17/the-underwriters-gambit-part-3-third-party-data-in-auto-insurance/

In previous parts of this series, increased usage of algorithmic underwriting in complex risks and prevalence of integrated workbenches in life insurance were discussed, as ways in which traditional underwriting was modernizing. In this final part, the use of third party, alternative data in auto insurance underwriting is the focus. A recent Deloitte study found,…