Author: AyushSood

Insurance companies can identify and meet market needs with new products. During the pandemic, many insurance companies discovered that customers wanted to purchase policies. To fulfill these requests, they rapidly... Read More

The purpose of underwriting is to accept liability for possible losses to the customers of the insurance business. The process aims at estimating the risk involved with insuring a potential... Read More

Some factors that affect personal auto insurance premium calculation may broadly be categorized as Driver/Insured attributes, Vehicle attributes, and the Risks covered, as below. Driver/Insured Attributes Driving Record: A driver’s past performance... Read More

Rating is a core function of a carrier’s business and directly impacts its revenues. Rating involves the implementation of complex algorithms as required by the actuarial and product management groups.... Read More

UBI is present in the market for quite a few years now, but the usage-based insurance market is relatively niche. However, the COVID-19 outbreak has disrupted the entire automotive industry... Read More

Elysian is the latest version of the Guidewire cloud release. Guidewire brought its cloud-based platform GWCP back in 2019 and gradually improved the cloud platform in the versions namely Aspen,... Read More

Commercial business insurance is coverage for businesses and corporations, generally designed to cover the businesses, its employees, and ownership. Since there are so many types of businesses, commercial insurance also... Read More

Commercial auto insurance will financially protect your vehicles when you drive a car, truck, or van for business purposes. Personal auto insurance isn’t enough and won’t cover the vehicle if... Read More

A good design system provides a library of components that are easily configurable at the guidewire. Here is one such design system called JUTRO. Jutro is Guidewire’s design system and UI... Read More

A design system is a collection of UI components built together by design principles. It provides the ability to develop products that are consistent in how they look feel and... Read More