Data and information management

As this happens and expense ratios are driven down, only those carriers which can fully utilize analytics and data-augmented decision making in their underwriting process will be able to price effectively in the market.

Also: New data hire at Amerilife, European expansion at Insurify.

Touchless digital insurance has become a base requirement for business as people demand touchless transactions.

The industry needs high-quality data sources that can scientifically measure the threat and complement existing data elements

If a carrier’s model suggests a consumer is unlikely to bind, they can serve comparison ads from other carriers and make back some of the money they spend bringing non-converting shoppers to their website.

Robin Gordon will join on March 29.

Many insurers have a traditional, albeit risk-averse, data mindset as evidenced by their reliance on traditional data and avoidance of emerging data sources.

Not only does the quality of the data impact a carrier’s bottom line, it also affects their customers’ experience.

Branches come off it, each with its own value: analytics, reporting and forensics.

Cybersecurity is top priority for the life insurer, says tech leader.