Intelligence & Premiums
Gore Mutual Implements Outside Intelligence Risk Discovery for “Big Data” Commercial Underwriting
Cambridge - Gore Mutual has now fully implemented the Outside Intelligence (OIQ) Risk Discovery for Commercial Underwriting. Outside Intelligence is a Search-Based Application (SBA) whose platform and applications compile data from a number of internal and external sources.
“Gore is pleased to be leveraging technology that enables our commercial underwriters to deliver decisions on submissions faster to our broker partners.” commented Anna McCrindell, Vice President Commercial Insurance Solutions at Gore Mutual. "We are pleased to be one of the first companies to be utilizing a 'big data' tool within our underwriting process."
"We are very excited that after an extensive review of the OIQ Risk Discovery Platform , Gore Mutual selected our application to support its commercial underwriting operations," says Dan Adamson, CEO, Outside Intelligence. "Industry-wide, Gore is recognized as technically advanced and forward thinking. This was evident to us immediately. The business and IT departments worked quickly to seize the competitive opportunity and together, we implemented and rolled out the technology to their end users in record time. We look forward to a long and successful relationship."
The advanced technology provides access and interpretation of a large amount of data to underwriters in minutes, giving them additional insight into the risks they write. This new platform will save time for new business quotes and renewals and assist in the ease of doing business with brokers.