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Underwriting Manager

Handle authority referral from a team member

Enhances✓ Available Now

What You Do Today

An underwriter brings you a risk that exceeds their binding authority — large premium, unusual exposure, or requested coverage deviation. You evaluate and decide.

AI That Applies

Referral intelligence — AI pre-analyzes the referral, benchmarks against similar risks in the portfolio, and provides a pricing recommendation so you review with context.

Technologies

How It Works

For handle authority referral from a team member, the system analyzes the referral. The analytics engine aggregates data across sources, applies statistical analysis to identify significant patterns and outliers, and presents the results through visualizations that highlight what needs attention. The output — pricing recommendation so you review with context — surfaces in the existing workflow where the practitioner can review and act on it.

What Changes

You receive the referral with a data package: comparable risks, loss history, pricing range, and portfolio concentration analysis. Decision-making is faster and more informed.

What Stays

The underwriting judgment — weighing factors the model can't capture, reading between the lines of the submission, and managing the producer relationship.

What To Do Next

This section won't tell you what your numbers should be. It will show you how to find them yourself. Every instruction below produces a real, verifiable result in your organization. No benchmarks, no projections — just the steps to build your own evidence.

1

Establish Your Baseline

Know where you are before you move

Before adopting AI tools for handle authority referral from a team member, understand your current state.

Map your current process: Document how handle authority referral from a team member works today — who does what, how long it takes, where the bottlenecks are. You need this baseline to measure improvement.
Identify the judgment points: The underwriting judgment — weighing factors the model can't capture, reading between the lines of the submission, and managing the producer relationship. These are the boundaries AI won't cross.
Assess your data readiness: AI tools for this area need data to work. Check whether your organization has the historical data, integrations, and data quality to support Verisk tools.

Without a baseline, you can't measure whether AI actually improved anything. You'll adopt tools without knowing if they're working.

2

Define Your Measures

What to track and how to calculate it

Time per cycle

How to calculate

Measure how long handle authority referral from a team member takes end-to-end today, then after AI adoption.

Why it matters

The most visible improvement is speed. If AI doesn't save time, question whether it's adding value.

Quality of output

How to calculate

Track error rates, rework frequency, or stakeholder satisfaction scores before and after.

Why it matters

Speed without quality is just faster mistakes. Measure both.

When to check: Check after 30 days of consistent use, then quarterly.
The commitment: Give new tools at least 30 days before judging. The first week is always awkward.
What NOT to measure: Don't measure AI adoption rate as a KPI. Adoption follows value — if the tool helps, people use it.
3

Start These Conversations

Who to talk to and what to ask

your chief underwriting officer or VP Underwriting

What data do we already have that could improve how we handle handle authority referral from a team member?

They're setting the AI strategy for risk selection

your actuarial lead

Who on our team has the deepest experience with handle authority referral from a team member, and what tools are they already using?

They build the models that AI underwriting tools are measured against

a senior underwriter with deep book knowledge

If we brought in AI tools for handle authority referral from a team member, what would we measure before and after to know it actually helped?

Their judgment is the benchmark — AI should match it, not replace it

4

Check Your Prerequisites

Confirm readiness before you invest

Check items as you confirm them.