Algorithmic underwriting applies rules‑based engines and advanced models—often leveraging AI and machine learning—to automate or semi‑automate underwriting decisions for suitable segments of UK insurance business, from high‑volume personal lines to simpler commercial risks. Insurers, MGAs, and Lloyd’s syndicates use algorithmic approaches to improve speed, consistency, and expense ratios, but must maintain strong governance over model design, monitoring, and overrides, ensuring that automated decisions remain compliant, non‑discriminatory, and closely aligned with evolving risk appetite and market conditions.
New model lets insurers deploy branded algo products
It's going to be a year of evolving risk landscapes and regulatory scrutiny
Market trends back entry as London seeks efficiency
Appointee joins the team from CNA Hardy
They include a new broker manager and a new director of underwriting
