Insurance Underwriting Header

Insurance

Underwriting

with Snowflake

Leverage more data to better assess risk, optimize pricing and policies, and launch new products with data science & ML-enabled automation.

The Financial Services Data Cloud enables insurers to use data science and machine learning to automate traditionally routine tasks in underwriting workflows, monitor portfolios, and provide teams with easy access to new and alternative sources of data.  

WHY SNOWFLAKE?

A Single

Data Platform

Scale multiple workloads, from risk assessment and advanced pricing to application triage and processing – all off a single copy of data.

3rd Party

Data

Integrate third-party alternative datasets, including weather, demographic, and media data from the Snowflake Data Marketplace. 

POWER

DATA SCIENCE

Leverage machine learning to automate the underwriting workflow, power predictive analytics, and generate real-time personalized policy pricing. 

Underwriting and

Product Development

insurance underwriting diagram