In this week's episode we continue our discussion with Penn National Insurance and the reasons that this P&C carrier has chosen to pursue AI technology to enhance their underwriting processes. In traditional underwriting, an underwriter has to search through many different sources, such as OSHA, SAFER, and social media feeds, to find out information about a business.
Randy Mancini, VP of commercial lines at Penn National Insurance, will explain how this process can often become riddled with inefficiencies and how the addition of technological tools within the underwriting processes can enable them to become more efficient and less time-consuming.
On our upcoming episode, Penn National Insurance will offer a third, and final, reason of why they have been working towards continued innovation as an organization that is highly focused on evolution. Stay tuned to learn more about how this carrier has been innovating and what they are achieving as a result.