Algorithmic
underwriting.
underwriting.
Smarter underwriting. Instant decisions.
Algorithmic underwriting combines advanced data science, machine learning and expert human oversight to transform how follow capacity is delivered in the Lloyd’s market.
At Ki, we’ve built a digital-first underwriting platform designed to assess risks in real time, providing brokers with capacity decisions in seconds rather than days. Every submission is analysed against multiple data sources, underwriting appetite and portfolio considerations, enabling fast, consistent and data-driven decision-making.
What makes algorithmic underwriting different?
Traditional underwriting relies heavily on individual experience and manual processes. Algorithmic underwriting captures underwriting expertise within a sophisticated machine learning model that can analyse thousands of data points simultaneously.
This allows risks to be assessed consistently, efficiently and at scale, while remaining under the oversight of experienced underwriting professionals.
How it works
When a broker submits a risk through the Ki platform, our underwriting algorithm evaluates:
- The characteristics of the individual risk
- Relevant third-party and market data
- Ki’s underwriting appetite
- The wider portfolio context
The result is a real-time underwriting decision informed by more data than any individual underwriter could reasonably process alone.
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