Why poor data analysis is holding back the London market
Lack of trust in the use of data-driven methods among most London Market underwriters is “the elephant in the room for any competitive insurer” and Jamie Wilson, head of pricing and innovation at Hyperexponential, argues it’s high time the market addresses it.
The London insurance market leads the world for insuring specialty risk, but its historic approach to data is holding it back.
Actuaries need to utilise the breadth of the limited data at their
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