Underwriting plays a vital role in the insurance life cycle, but many carriers are still working with outdated, heavily manual processes. To build a modern underwriting process, insurers, especially those supporting complex commercial and specialty lines of business, are investing in digital underwriting capabilities as well as leveraging commercial underwriting workbenches to enhance their operations. Nitin Motlag dives into the “7 Key Capabilities of Modern Insurance Underwriting” in his latest blog https://hubs.ly/Q02SbnJX0 #InsuranceUnderwriting #DigitalUnderwriting #UnderwritingInnovation #InsuranceTechnology #ValueMomentum
About us
ValueMomentum is a leading solutions provider for the global property and casualty insurance industry, supported by deep domain and technology capabilities. We help insurers stay ahead with sustained growth and high performance for enhancing stakeholder value and fostering resilient societies. Trusted by over 100 insurers, ValueMomentum is one of the largest services providers exclusively focused on the property and casualty. ValueMomentum is headquartered in Piscataway, NJ, with state-of-the-art delivery centers in Piscataway, NJ; Hyderabad, Pune, and Coimbatore in India; Toronto in Canada; and London in the United Kingdom.
- Website
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https://www.valuemomentum.com/
External link for ValueMomentum
- Industry
- IT Services and IT Consulting
- Company size
- 1,001-5,000 employees
- Headquarters
- Piscataway, NJ
- Type
- Privately Held
- Founded
- 2000
- Specialties
- Digital Engagement Platform, Digital Engagement, Application Services, Quality Assurance & Testing, App Development, Cloud & Infrastructure Services , Data Platform Modernization, BI, Insights & Analytics, Core Implementation, Customer Communication Management, Quality Engineering, Digital Testing Services, Core Upgrade, ITSM Automation, Data Management, Core Systems Testing Service, Digital Testing Services, Core Application Management Services, Core Advisory, Enterprise Data Advisory, Integration Services, Core Platforms Testing Services, Digital Testing Services, Data Patronage, and Data Analytics
Locations
Employees at ValueMomentum
Updates
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#ITCVegas is coming up in just two weeks! We're excited to be a sponsor for this event, which brings together innovative members of the insurance ecosystem to connect and shape the future of the industry. If you're attending, come find us at booth 1644. Find out more about how ValueMomentum's exclusive focus on P&C insurance enables us to help insurers achieve underwriting transformation, expand digital distribution, enhance claims experience, and deliver product innovation. https://hubs.ly/Q02RRtG_0 #Insurance #Innovation #ITC #ValueMomentum #InsuranceInnovation #InsuranceTech
ITC 2024
resources.valuemomentum.com
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We’re excited to welcome Kapil Daga, our new VP - Advanced Analytics, to the ValueMomentum family! 🎉 With over 17 years of experience in AI and analytics, Kapil has made impactful contributions as a leader in both enterprise software and pure play analytics firms. We’re thrilled to have Kapil on board as we continue to drive transformation and innovation across our organization. Here's to new ideas and greater achievements ahead! #WelcomeToTheTeam #AI #Analytics #ValueMomentum #welcometoteamvaluemomentum
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Modern carriers need to leverage more than just traditional insurance distribution models to ensure success. Our latest blog explores four key distribution models insurers are using to drive growth: embedded insurance, API marketplaces, insurance aggregators, and agency channels. Explore key strategies to expand into these distribution channels here: https://hubs.ly/Q02Rm-qS0 #ValueMomentum #InsuranceTech #InsuranceDistribution #InsuranceInnovation
Insurance Distribution Models Driving Growth Across the Industry - ValueMomentum
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Application engineering is helping insurers build the flexible, scalable architecture they need to drive business growth. Read Director of Application Engineering Lakshman Nanduri's blog, "3 Ways to Drive Business Growth With Custom Application Engineering," to find out how three insurers have leveraged custom application engineering projects to: - Expand their digital distribution capabilities and improve engagement - Accelerate the rollout of new products - Optimize front-end processes Dive into each use case in his blog here: https://hubs.ly/Q02m_xk80 #Insurance #ApplicationEngineering #Scalability #Cloud #API #ValueMomentum
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ValueMomentum reposted this
Thank you, ValueMomentum and V S Prasad Guntupalli for the back-to-back Annual Awards! Emphasis on "back-to-back" - this speaks volumes about the work culture here. If you put-in the efforts, you will duly be recognized and appreciated. #annualaward #madeadifference #fy24 #backtoback #grateful #guidewiredeveloper
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AI is nothing new for insurers; they have been using it to simplify processes and improve efficiency for years. With the adoption of generative AI gaining steam, insurers are finding ways to augment these types of processes even further. In our latest infographic, we have compiled some key use cases for generative AI in underwriting for insurers to look into. This infographic covers: Key use cases for generative AI in underwriting The business benefits of each use case Download the infographic: https://hubs.ly/Q02QMtJQ0 #AIinInsurance #UnderwritingInnovation #InsurTech #ValueMomentum
Generative AI in Insurance: Underwriting Use Cases: Underwriting Use Cases - ValueMomentum
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To succeed, insurers need innovative user experiences, consistent service, and relevant products backed by flexible technology infrastructure. How can insurers ensure scalability? By using a configuration-driven approach to application engineering. In his blog, Lakshman Nanduri covers: Key components of scalability The benefits of a configuration-driven approach How it reduces coding and improves consistency Learn more: https://hubs.ly/Q02lDVq60
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To succeed, insurers need innovative user experiences, consistent service, and relevant products backed by flexible technology infrastructure. How can insurers ensure scalability? By using a configuration-driven approach to application engineering. In his blog, Lakshman Nanduri covers: Key components of scalability The benefits of a configuration-driven approach How it reduces coding and improves consistency Learn more: https://hubs.ly/Q02lDVq60 #Insurance #ApplicationEngineering #Scalability #Cloud #API #ValueMomentum