Underwriting

The life and annuity insurer is banking on accelerated, data-driven underwriting in a strategic shift inspired by the proliferation of insurtech companies in its vertical.

The Iowa-based insurtech mentoring program, directed by Brian Hemesath, welcomes eight nascent companies for its fourth iteration.

Carriers enter the new year with a sense of urgency to deploy faster, higher-impact capabilities aimed at enhancing underwriting, claims and customer interaction, says Aite Group.

Vendor will integrate new claims, billing and distribution management tools into its existing cloud-based platform.

Artificial intelligence continues to be top off mind for insurance carriers, as they work collect new forms of data and interact with customers using smarter digital channels.

incumbent carriers turned to insurgent startups for telematics, big data and health and wellness initiatives, among others.

During a whirlwind year for the industry, readers were captivated by stories of new insurtechs and established players alike transforming the business.

Tom Bolt is charged with helping the company improve pricing decisions using data and analytics.

The insurtech will collect data on driver smartphone interaction, which will be analyzed to predict future underwriting losses.

A November report finds consumers prefer that carriers determine premiums based on driver behavior, rather than traditional factors.

Home insurers have an opportunity to revolutionize their business like health and auto companies have with the Internet of Things.

The move has enabled the reinsurer to develop a new underwriting system, leading to faster product launches and enhanced data analytics.

The emerging technologies are equally dependent on each other for best results, Novarica says

With today’s digital tools and platforms, the technology can be applied to various aspects of the insurance value chain.

The business unit, created last year, leverages data science and extensive third-party data to price small business risk.

Australian insurer will leverage startup's machine learning platform to automate commercial underwriting.

The usage-based insurance startup believes that driving frequency is a crucial data point for carriers.

Data and analytics company is partnering with life insurers to develop products to automate the application and underwriting process.

New products announced by startups this week show companies expanding their portfolios to manage more kinds of risk.

Emerging AI technologies will allow insurers to make more nuanced, on-demand decisions and expand their product portfolio.