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How Predictive Analytics is Shaping the Underwriting Process from Ohio

Underwriting, defined as the process where an insurer or financial institution extends coverage, credit, or loans to a person or a company for a fee or premium, is thought to have originated in the 1750s with Lloyds of London insuring maritime shipments. Over the years, companies providing underwriting like Lloyds would experience high profits as …
Fri Jul 23 20215 min read