ALU Survey Group

The Survey Group’s mission is to poll underwriters on topical areas of interest using current technology. Results of these inquiries are then shared with the study participants and the industry.

For more information regarding ALU surveys, contact Donna Melfi at DMelfi17@MassMutual.com.

Please click here for highlights from the 2017 Underwriter Census.

Click on the links below to read about the various surveys.

 

2016 ALU Underwriter Census

 

2016 Underwriting Automation and the Underwriter Role

The ALU Survey Group recently conducted a survey to determine how companies are using automated systems, what requirements and products are being evaluated by automated systems, and how automation will impact the underwriter role. The survey was sent to chief underwriters at direct carriers, reinsurers and retrocessionaires. This article details the survey results, provides insights into how companies are currently using automation, and highlights skill sets and training which may be necessary for future underwriters.

2015 Underwriter Training and Continuing Education Survey

The ALU Survey Group conducted a survey to determine how many companies are training underwriters to prepare for the retirement of approximately 23% of underwriters within 5 years. The survey also inquired into the extent of company continuing education programs to fill the potential knowledge gaps. The survey results provides insights into company resource priorities in training and continuing education.

2014 Underwriter Census Survey

Thank you to all who participated in the Underwriter Census for the U.S. and Canada… we received 2309 responses!

The goals of the census:

  • Discover the age of the underwriter population and help us assess if we are developing enough underwriters
  • Gauge experience, education level and development needs
  • Determine how many underwriters work remotely

2014 Forum Group Survey – Underwriting in the world of E-cigarettes and legalized marijuana

The Forum Group conducted a survey among those underwriting professionals attending the 2014 ALU Forum in September 2014. The survey topic contained questions regarding Underwriting in the World of E-cigarettes and Legalized Marijuana.

2013 Survey – Underwriting Audits 

A survey was conducted in Feb. 2013 to identify common practices for internal underwriting audit programs. The goal of the ALU survey is to:

  • Support quality assessment in our underwriting profession
  • Identify common industry practices so leaders can benchmark their own program
  • Further industry insights and knowledge

Over 100 companies from the US and Canada responded, with representation from direct carriers, reinsurers, retrocessionaires and providers of underwriting services. Please click the link below to view a summary of the study.

 

For more information regarding ALU surveys, contact Donna Melfi at DMelfi17@MassMutual.com.