Insurance is an established and heavily regulated industry. Because of this, insurers have been slower to accept technological development (such as automated...
Insurance companies provide clients with financial protection and compensation if the risk insured occurs. One crucial function that helps life insurance carriers
How AI in Insurance Revolutionizes Actuaries and Underwriters In insurance practice, as with any other business, more data means we can make better decisions....
As of 2019, life insurance industry revenues rose as high as $44.7 billion dollars, more than an 18% gain from the previous year. The volume of life and...
Use of Alternative Data in Underwriting: Insurance Regulations Insurers can use alternative data to accurately price life insurance, offer personalized and...
Exploring the Use of Alternative Data in Underwriting The growing pressure from consumers for faster and accurate underwriting processes has pushed insurance...
Many assume Fintech is a recent development in the financial world. Believe it or not, modern FinTech was first introduced in the 1950s when the first credit...
