Effective Underwriting Policy Development
Case Studies / FinTech / Predictive Underwriting
Complex set of underwriting rules had been built over time with limited traceability into the impact of each rule.
Opportunity
Simplifying the underlying rules would reduce complexity for managing the existing rules and adding new underwriting rules. Also, opportunity to eliminate sub optimal rules could yield improved Risk/reward ratios.
Qrosswalk®
For a critical partner channel, simplified a complex set of underwriting rules (over 20+ to 5) with no deterioration in losses.
Value Delivered
Delivered 25% increase in origination $ - higher approval rates while maintaining similar risk levels.
