That specificity has made it harder for commercial insurers to keep pace with evolving customer needs. AI can help fill that ...
Understanding how and why insurer make decisions could improve your chances of getting the policy and price you want Written By Written by Insurance Writer, Buy Side John is a staff writer at Buy Side ...
The age-old insurance underwriting model worked well for a traditional environment of slower and more predictable change, with similar processes and risk evaluation methods across insurers. Today, the ...
The world of insurance underwriting has been a steady and unchanging force for over four centuries. It's a domain where risk assessment and pricing are deeply rooted in historical data, often locked ...
InsuranceNewsNet sat down with three top providers of insurance AI solutions to understand where AI developments are headed in the industry.
Data scientists know that artificial intelligence and predictive modeling leads to some bias in underwriting. What they don't always know are the ways and the extent of the negative impact. More ...
Discover how insurance companies manage current liquidity to cover liabilities with liquid assets. Learn the significance of ...
When applying for life insurance, the underwriting process is a critical step to determine the policyholder's risk and premium. At CG Insurance, we pride ourselves on a customer-centric approach that ...
Without an investment mindset, underwriting risks losing relevance as automation and portfolio strategy redefine how insurers ...
The insurance industry is adapting to the rise of generative artificial intelligence (AI) by incorporating it into its underwriting processes amid looming cyber threats, some of which may also utilize ...
Life insurance underwriting is the behind-the-scenes process that plays a pivotal role in shaping your policy. This methodical evaluation delves into your personal and health details, considering ...
Life insurance companies use a process called underwriting to evaluate your risk factors, decide whether to approve your application and determine your premium. Traditional underwriting, which usually ...