Designed with underwriters' needs in mind, Digital Follow will go through a round of testing in the Whitespace sandbox with a select set of customers prior to a wider launch later this year.

It is intended that this will provide workflow automation solutions that are customized to underwriters' and brokers' needs.

With Whitespace's newest product, Digital Follow, brokers and underwriters may automate follow lines at the quotation or firm order stage.

This automation increases overall productivity, decreases the amount of human review procedures, and streamlines the underwriting workflow. Furthermore, Digital Follow gives users the autonomy to run and maintain automations, which improves the Whitespace platform's usefulness even more.

The first of a planned range of workflow automation products from Whitespace, which also includes Auto Decline and Appetite Matching, is Digital Follow.

By automating common business use cases, these solutions hope to improve the Whitespace platform's functionality and offer complete digital insurance procedures. The platform's importance in propelling the insurance market's digitization is highlighted by its ability to integrate with other systems through the use of APIs.

The launch of our workflow automation solutions with Digital Follow is something we are thrilled to announce, according to Lee Timms, head of scaling and integration at Verisk's Whitespace. This demonstrates once more the potential of Whitespace APIs and how they enable businesses to anticipate and customise solutions to meet the needs of their clients in addition to meeting market expectations.

Verisk Specialty Business Solutions' chief digital officer, Reid Stanway, continued, saying, "I'm really happy we can provide Digital Follow to our customers. Verisk is in the market to be able to offer a solution that further simplifies how users interact with our Whitespace platform naturally. I have no doubt that brokers and underwriters will rapidly find Digital Follow to be a valuable resource and that it represents a significant advancement in the field of digital placement innovation.