A 2025 GlobalData poll shows 50% believe AI will impact underwriting and risk profiling in insurance. Allianz launches BRIAN, an AI tool for commercial underwriting, saving 135 working days since January 2025. AI streamlines processes, aids decision-making, and provides consistent responses, benefiting junior underwriters and improving efficiency.

GlobalData’s Q3 2025 poll on Verdict Media platforms indicates confidence in AI’s potential to enhance underwriting and risk profiling in insurance. The poll reveals that 45.8% of participants see AI as a tool to streamline decision-making processes and improve pricing accuracy, highlighting its value in the industry.

Allianz’s BRIAN, an AI-powered tool for underwriting, is operational after a successful pilot phase, saving 135 working days and providing accurate responses. The tool benefits junior underwriters, accelerating their learning and fostering consistency in decision-making. AI alleviates manual processes, enabling underwriters to focus on high-value tasks like risk analysis and pricing refinement.

The implementation of BRIAN by Allianz demonstrates how AI can improve efficiency in underwriting processes. Other insurers should consider adopting AI tools to enhance productivity and competitiveness in underwriting and customer service. Experimenting with AI in high-impact areas can lead to measurable gains and successful scaling of solutions.

Read more at Yahoo Finance: Underwriting and risk profiling as a key insurance area poised for AI advancement