Data modeling

The future of insurance AI is open

Even the most-sophisticated scientific models fail to capture all the risk factors or properly account for the increasing impact of climate change.

Bloomberg Green found in an exclusive analysis that risk models often disagree with each other on fundamental assessments of vulnerability.

Applying AI to insurance claims processing improves its predictive analytics, use of predictive models and control of costs.

Digital Insurance reached out to several insurance professionals to gain insight into what parametric insurance is, when it's triggered and how access to data plays a role.

Insurance industry leaders must proactively develop risk mitigation strategies in order to optimize the use of Gen AI for insurers and their customers, alike

Climate change presents uncertainty for insurance companies but also creates opportunities for technological innovation

Chief underwriting officer finds ways to do more with technology and coverage of risks.

Digital Insurance spoke with three actuaries about emerging technologies and the challenge of explainability within complex models.

AI-powered catastrophe and risk models use varied sources, including aerial imagery.