Marine insurer Thomas Miller Specialty has partnered an AI firm to improve its underwriting capabilities.
A new partnership has been announced between marine insurance provider Thomas Miller Specialty and Send, an artificial intelligence technology firm that has come up with an automated platform to streamline the underwriting process.
The ‘Underwriting Workbench’ brings a host of different policies, admin and auditing processes under one roof, and it means that Thomas Miller’s underwriters can benefit from high levels of automation, giving them more time to manage new business, renewals and endorsements on a single platform.
”These businesses are increasingly looking for smart, scalable software solutions that enable quick speed to market, and the ability to bring underwriting out of siloes to enable a single customer view,” said Ben Huckel, CEO and Co-founder at Send.
“This platform will provide a strategic solution enabling us to expand our business capabilities, streamline our processes through increased automation and ensure a best of breed customer experience,” said Lisa Gibbard, CIO, Thomas Miller Group.
”Such capabilities are key to support entry to new markets and leverage a competitive advantage, now and for our future growth.”