AI is becoming a standard part of underwriting. Pulling data from messy submissions, scoring risks, flagging inconsistencies, and helping teams move faster. But as AI grows more capable, the industry keeps asking the same question: Where should the line be drawn between AI automation and human judgment in underwriting? It’s the right question, because underwriting […]
Insurance runs on data, but most teams store that data in different tools and systems that don’t integrate. These gaps create data silos, and those silos slow everything down. They erode trust, delay quotes, and make simple tasks feel more difficult than they should be. In 2025, data silos are a leading cause of breakdowns […]
Specialty lines are growing faster than almost any other part of the industry. E&S, cyber, marine, contractors, environmental, and professional liability are all expanding as new risks emerge and traditional markets pull back. That growth brings opportunity, but also brings something else: pressure. More submissions, more documents, more filings, more endorsements, more exceptions, and more […]
Insurance operations have relied on outsourcing for many years. Business Process Outsourcing (BPO) helped teams scale quickly and cut costs, making it a primary choice for many business strategies. Today, outsourcing alone can’t support the needs of modern insurance teams. The future looks different. It is faster, wiser, and focused on keeping knowledge inside the […]
At the 25th Annual Target Markets Program Administrators Association (TMPAA) Summit in Scottsdale, it was clear that the insurance industry is entering a new era of program business. For many MGAs, carriers, and partners, the biggest challenge with modernizing is rewiring legacy processes to enable operational growth. The idea and mission OIP Insurtech brought to […]
Once considered a niche segment focused on hard-to-place risks, specialty lines has become the most dynamic and profitable part of the market. By 2030, it will likely more than double in size, growing from roughly $110 billion in 2025 to over $215 billion, outpacing the broader commercial P&C market with a compound annual growth rate […]
Bottlenecks in underwriting don’t always surface as significant issues. In fact, most of the time, they start appearing as a few extra clicks, a missing document, or a task that sits in someone’s inbox for a few days. Over time, these minor delays add up and slow down the entire operation. Performing a full underwriting […]
When most underwriters think of possible risks in insurance, they refer to unusual claims, shifting exposures, or risk management. Although these could all pose a threat to your operations, a hidden risk that’s silently impacting your business is your legacy system. Specialty underwriters deal with complex risks all the time. Underwriters depend on data and […]
At this year’s WSIA 2025 conference in San Diego, one theme stood out above the rest: the MGA market is booming, and the winners will be those who combine technology, partnerships, and human judgment to move faster and underwrite smarter. That’s precisely where OIP Insurtech is placing its bets. As Chief Operating Officer, Miloš Petrović, […]
Managing General Agents (MGAs) play a significant role in the insurance world. They act as a bridge between carriers and agents. They take on underwriting, policy management, claims handling, and distribution. Running a managing general agency and its operations is not easy. Costs continue to rise, and the competition is stronger than ever, yet clients […]