Underwriting in the Real World: Comparing Traditional Proxies with Journey-Based Models

https://reliabless.com/how-a-single-commute-rewrote-the-rules-of-business-van-insurance/

Insurance underwriting used to be simple in one sense: use a handful of hard proxies and make a call. Postcode, job title, vehicle type - these were the signal variables underwriters trusted. They still work in many cases, but the world has moved on