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Transforming Underwriting

MARCH 2004

ABOUT CELENT AND THIS WHITE PAPER

ABOUT CELENT

Celent (www.celent.com) is an independent, privately owned research and consulting firm that provides technology and business strategy advice to the financial services industry. Celent provides unbiased insight into industry trends, competitors in the market, and market sizes. Celent’s research reports are written by in-house analysts with extensive experience at a variety of top global financial services firms, technology vendors, and consultancies.

Celent’s research clients include financial institutions, vendors, and consulting firms. Occasionally, our reports evaluate clients who are solution vendors, along with vendors with whom Celent does not have a relationship. Celent evaluates all vendors using the same criteria.

A B O U T T H I S W H I T E P A P E R

The white paper was commissioned by Fair Isaac to evaluate the potential operational and financial impact of currently available technologies on the property/casualty underwriting process. In preparing it, Celent relied on the following:

  • Independent, proprietary analysis of how insurers currently and potentially may deploy various technologies in their underwriting pro- cess.

  • Material from previously published Celent reports, including The Evo- lution of Rule-Based Life Underwriting Systems (November 2002), Insurance Data Mastery Strategies (July 2003), Insurance Business Value from Business Process Management and Business Rules Engines (December 2003), and Business Rules Engines endor Profiles (forthcoming).

Donald Light, Senior Analyst in Celent’s Insurance group, is the author of this white paper.

© 2004, Celent Communications. Authorized reproduction permitted.

www.celent.com

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