Underwriting at Scale: There Is a New Way

Underwriting at Scale: There Is a New Way

For years, underwriting capacity moved in lock‑step with head‑count. Every point of premium growth demanded another desk, another spreadsheet, another late night of manual data entry.

That equation no longer holds.Secondsight’s Underwriter Workbench, powered by the Shape risk‑intelligence engine,
replaces document wrangling with decision‑ready insight—unlocking a step‑change in speed and
revenue potential.

The Throughput Revolution

Manual intake once throttled even the smartest underwriting teams. With Secondsight, that bottleneck is
gone. The numbers below aren’t incremental gains—they prove that high‑fidelity automation can change the
scale equation overnight.

  • 97 %+ digitisation accuracy on any submission file
  • 60–80 % reduction in manual intake effort
  • 34–42 % faster underwriter response times to brokers
  • 5× capacity uplift per underwriter—without adding staff

Throughput is just the beginning; the real prize is what higher throughput does to top‑line growth.

Revenue Levers Unlocked

Greater throughput is valuable only if it drives profitable growth. Here are five concrete ways the
Workbench turns extra capacity into new premium, stronger broker loyalty, and healthier loss ratios.

  1. Higher Quote‑to‑Bind Ratio: Faster, more complete responses keep brokers engaged and move Secondsight‑backed carriers to the top of their send list.
  2. Expansion Without Hiring: A fivefold capacity boost means you can open new broker panels or target fresh sectors without swelling payroll.
  3. Dynamic Appetite Capture: Shape surfaces out‑of‑guideline gems and adapts scores in near real time, letting you seize market niches before rivals wake up.
  4. Portfolio‑Level Segmentation: 30 %+ improvements in risk segmentation translate directly into smarter pricing and lower loss ratios—fuel for profitable growth.
  5. Faster Product Iteration: Clean, structured data feeds rating and product teams instantly, cutting new‑form roll‑outs from quarters to weeks.

What Changes in the “New Way”

Technology is useful only when it rewires daily behaviour. These three shifts show exactly how Shape and
the Workbench replace yesterday’s spreadsheet grind with tomorrow’s data‑first discipline.

1. From Chaos to Clarity

Submissions arrive in any format; Shape ingests and standardises them instantly, flagging gaps and conflicts before a human ever looks.

2. From Manual Triage to Algorithmic Focus

Each file is scored against appetite, conversion likelihood and portfolio impact, ensuring high‑value opportunities hit the top of the queue.

3. From Gut‑Check to Guided Decision

Every account comes bundled with a live digital risk profile—assets, controls, vulnerabilities—so underwriters analyse, not assemble, information.

Why Throughput Equals Growth

Speed, consistency, insight: master those three and top‑line expansion follows. The points below link
operational velocity directly to broker share, pricing precision and compounding portfolio advantage.

  • Speed wins distribution. Brokers reward the carrier that answers first with more submissions the next time around.
  • Consistency builds trust. Transparent, rule‑based decisions keep referral loops tight and audit teams happy.
  • Scale feeds insight. The more data Shape consumes, the sharper its segmentation becomes—compounding advantage over time.

With the right system, one underwriter can deliver the premium of five—without compromising discipline.

Amplifying Human Expertise

Secondsight isn’t automating underwriting out of existence; we’re putting underwriters back where they add the most value: evaluating complex edge cases, shaping portfolio strategy, and deepening broker relationships.

The manual burden drops. Revenue capacity climbs. That is the new way.


Ready to see it in action?

Schedule a demo—or ask us for the detailed ROI model behind these numbers.

 

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