Hiscox uses AI to slash underwriting from three days to three minutes

Chris Loake Hiscox group chief information officer
Chris Loake, Hiscox

Hiscox has shortened its lead underwriting journey for the London Market sabotage and terrorism book from three days to three minutes through the use of generative artificial intelligence.

This follows the group’s collaboration with Google Cloud to roll out generative AI technology in lead algorithmic underwriting for sabotage and terrorism. 

London Market

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