Which of the following is NOT a benefit of technology in underwriting?

In the context of life insurance underwriting, technology plays a vital role in enhancing the overall efficiency and effectiveness of the underwriting process. The choice indicating "Greater dependency on personal judgement" accurately points out a limitation rather than a benefit of technology in underwriting.

Technology in underwriting typically aims to automate and streamline processes, which reduces the reliance on personal judgment. This reliance on data-driven algorithms and statistical analysis helps ensure that underwriting decisions are based on objective criteria rather than subjective opinions. By minimizing personal judgment, technology can lead to more consistent underwriting decisions, improved accuracy, and ultimately fairer pricing for policyholders.

The other options reflect the true benefits of technology in underwriting. Increased data accuracy comes from leveraging advanced data analytics tools that can analyze large amounts of information with precision. The reduction in processing time is achieved through automation of tedious tasks, allowing underwriters to focus on more complex cases. Enhanced risk prediction capabilities arise from sophisticated modeling techniques that help assess risk more accurately than traditional methods could allow. Together, these benefits underline how technology transforms underwriting into a more efficient, reliable, and data-driven process.