Manit Labs Unveils Game-Changing Underwriter Dashboard at ITC Vegas 2024

As underwriters and insurers gathered at the recent ITC Vegas to explore the latest in insurance technology, Manit Labs introduced its Dashboard for Underwriters. This powerful tool was developed to meet the growing demand for real-time insights in underwriting. By delivering a new standard in underwriting technology, Manit Labs is helping reshape how the industry tackles complex risk environments, while addressing the industry’s critical needs for operational agility.

Manit Labs’ Dashboard for Underwriters offers a suite of capabilities that equips underwriters with real-time performance metrics. This data-driven decision-making support is essential for navigating today’s fast-paced, complex risk environment. As insurance carriers are increasingly focused on reducing claims processing times and improving operational efficiencies, this solution provides an accessible interface to monitor productivity, enabling quicker and more accurate risk assessments.

Meeting Industry Needs for More Dynamic Risk Assessment

Mikhail Grishin, CEO of Manit Labs, remarked: “The needs of underwriters and insurers are evolving. Our Dashboard for Underwriters is about adapting to these needs with technology that enables carriers to see the big picture and make granular decisions on the go. By giving underwriters real-time insights and a second-opinion system through AI, we are enhancing underwriting capabilities to meet the industry’s demands in today’s risk landscape.”

Manit Labs expects the demand for streamlined and intuitive underwriting platforms to accelerate as insurance carriers face an environment characterized by economic pressures, unpredictable natural catastrophe risks, and heightened regulatory expectations. The Dashboard for Underwriters provides insurers with essential tools to navigate these challenges, reducing the time and costs associated with complex claim processes.

Innovating with AI for Enhanced Underwriting

At the heart of the Dashboard’s appeal is its capacity to support underwriters through advanced AI-driven insights, providing them with critical analysis for more informed decisions. In an interview with FF News, Grishin shared perspectives on how AI is transforming traditional reinsurance. He noted that: “AI is reshaping the role of underwriters, moving beyond conventional analysis to serve as a decision-enhancing partner. It’s essential not only for efficient workflows but also for establishing more accurate risk pricing in an evolving market.”

As insurers increasingly turn to AI to address complex risk environments, Manit Labs’ Dashboard for Underwriters stands as a crucial tool, equipping teams with the insights needed to maintain a competitive edge while meeting evolving industry demands.