{"id":20208,"date":"2020-11-11T13:13:32","date_gmt":"2020-11-11T18:13:32","guid":{"rendered":"https:\/\/www.insurance-canada.ca\/?p=68816"},"modified":"2020-11-11T13:13:32","modified_gmt":"2020-11-11T18:13:32","slug":"under-construction-commercial-lines-underwriting-transformation","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2020\/11\/11\/under-construction-commercial-lines-underwriting-transformation\/","title":{"rendered":"Under Construction: Commercial Lines Underwriting Transformation"},"content":{"rendered":"<h4>New SMA guest blog by Megan Bock Zarnoch, Founder, Boundless Consulting Group <span>\u2014<\/span><\/h4>\n<p>SMA, in partnership with Boundless Consulting, recently conducted an industry survey that provided an enlightening view of our industry\u2019s current state while affirming that industry leaders all expect a significantly different future in underwriting.<\/p>\n<p>Our results show that for most carriers, the current state of underwriting is \u201cunder construction,\u201d specifically relative to technology and process. Our analysis indicates there are some roadblocks and unforeseen hazards that will need to be navigated in order to successfully transform and achieve that future state.<\/p>\n<p>We\u2019ve created this infographic to represent the winding road between today\u2019s state and the dramatically different future, as demonstrated in our survey results, with a full report on the data coming by end of year:<\/p>\n<p><a href=\"https:\/\/www.insurance-canada.ca\/wp-content\/uploads\/2020\/11\/SMA-Infographic-Commercial-Lines-UW-Transformation-202011.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-large wp-image-68820\" src=\"https:\/\/www.insurance-canada.ca\/wp-content\/uploads\/2020\/11\/SMA-Infographic-Commercial-Lines-UW-Transformation-202011-610x1024.jpg\" alt width=\"610\" height=\"1024\" srcset=\"https:\/\/www.insurance-canada.ca\/wp-content\/uploads\/2020\/11\/SMA-Infographic-Commercial-Lines-UW-Transformation-202011-610x1024.jpg 610w, https:\/\/www.insurance-canada.ca\/wp-content\/uploads\/2020\/11\/SMA-Infographic-Commercial-Lines-UW-Transformation-202011-179x300.jpg 179w, https:\/\/www.insurance-canada.ca\/wp-content\/uploads\/2020\/11\/SMA-Infographic-Commercial-Lines-UW-Transformation-202011-768x1290.jpg 768w, https:\/\/www.insurance-canada.ca\/wp-content\/uploads\/2020\/11\/SMA-Infographic-Commercial-Lines-UW-Transformation-202011-915x1536.jpg 915w, https:\/\/www.insurance-canada.ca\/wp-content\/uploads\/2020\/11\/SMA-Infographic-Commercial-Lines-UW-Transformation-202011-600x1008.jpg 600w, https:\/\/www.insurance-canada.ca\/wp-content\/uploads\/2020\/11\/SMA-Infographic-Commercial-Lines-UW-Transformation-202011.jpg 982w\" sizes=\"(max-width: 610px) 100vw, 610px\"><\/a><\/p>\n<p><a href=\"https:\/\/strategymeetsaction.com\/assets\/Presentations\/Files\/SMA-Infographic-Commercial-Lines-UW-Transformation.pdf\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Click here<\/a> for a larger downloadable copy in PDF format.<\/p>\n<p>While the road may be perilous, the right roadmap can guide the transformation into the future, accelerating progress and ensuring your teams are with you when you get there. If you are interested in access to the roadmap, you can find more information here: <a href=\"https:\/\/strategymeetsaction.com\/our-offerings\/insurer-offerings\/consulting\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><strong>Digital Underwriting Transformation<\/strong><\/a>.<\/p>\n<p>We\u2019d love to start a conversation: What roadblocks do you see on your journey?<\/p>\n<p class=\"smallhead\"><strong>About SMA<\/strong><\/p>\n<p>Exclusively serving the insurance industry, Strategy Meets Action (SMA) is an advisory services firm offering retainers, research, consulting, events, and innovation offerings to both insurance companies and solution providers. Learn more about SMA at <a href=\"http:\/\/www.strategymeetsaction.com\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">www.strategymeetsaction.com<\/a>.<\/p>\n<p class=\"referencetext\"><em>SOURCE: Strategy Meets Action (SMA)<\/em><\/p>\n<p> <a href=\"https:\/\/www.insurance-canada.ca\/2020\/11\/11\/sma-commercial-lines-underwriting-transformation\/\">Read the original article at Insurance-Canada.ca <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New SMA guest blog by Megan Bock Zarnoch, Founder, Boundless Consulting Group \u2014 SMA, in partnership with Boundless Consulting, recently conducted an industry survey that provided an enlightening view of our industry\u2019s current state&#46;&#46;&#46;<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20208"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=20208"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20208\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=20208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=20208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=20208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}