Orchestrates Which underwriting overrides need senior review before binding?
Underwriting Override Review
Strategic workflow diagnosis
- Purpose
- Make sure the overrides that matter most get senior scrutiny before they bind.
- Owner
- Chief Underwriter
- Trigger
- An underwriter proposes an override to the standard pricing rules.
- AI options considered
- A model could flag override patterns that have historically correlated with poor loss ratios -- it would flag for review, not decide.
- Human roles involved
- Senior underwriters review flagged overrides and retain full authority to bind or reject.
- Current state
- Every override is recorded, but reviewed only in periodic audits, well after it has already bound.
- Future state
- Overrides matching historically poor-performing patterns are flagged for senior sign-off before binding, not after.
Information assets involved
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