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The Evolving Landscape of Underwriting in 2025
In 2025, the property and casualty (P&C) insurance sector faces mounting pressures from escalating submission volumes and heightened broker expectations for rapid turnaround. At the same time, there is an increasing imperative for data-driven decision-making to optimize underwriting portfolios. These challenges are intensifying due to an aging workforce and increasingly complex regulatory landscapes. To navigate this evolving landscape, insurers are increasingly adopting modern tools such as underwriting workbenches.
Why Underwriting Workbenches Are Critical for P&C Insurers
A 2021 Accenture survey revealed that underwriters spend up to 40% of their time on non-core and administrative activities. The underwriting process has historically been fragmented, involving multiple systems for data ingestion, document review, pricing, and approval. This patchwork approach creates inefficiencies, delays, and inconsistencies.
Insillion Featured in the Celent Underwriting Report
Insillion has earned a spot in Celent’s prestigious 2024 reports Unlocking Underwriting Success: Global Edition and North American Edition. The reports highlight the rise in underwriting workbenches as insurers improve decision-making and operational efficiency. These workbenches address the limitations of traditional PAS by providing tools that help underwriters. The report outlines its features and showcases available solutions in the marketplace.
Out of 15 global and 21 North American platforms reviewed, Insillion stands out for its modern, cloud-native architecture and API-first design.
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