Underwriting Third-Party Best Practices

This training session explores the growing impact of third-party data on the underwriting process, focusing on how insurers use external sources—such as medical reports, motor vehicle records, and other information —to enhance risk assessment, pricing accuracy, and decision-making. Participants will gain an understanding of the types of third-party data commonly used, how it is integrated into underwriting workflows, and the benefits it brings in terms of efficiency, fraud detection, and personalized coverage. The session also addresses the limitations and challenges of relying on external data sources.