Underwriting

The global value of insurance premiums underwritten by AI have reached an estimated $1.3 billion this year.

New Spectra tool is designed to be used by advisors and applicants together.

Insurer will use capabilities to identify roof composition, shape and material, among other items.

Partnering with iPipeline, the life insurance company’s goal is to drop its policy processing time.

The key challenge is to accelerate the process without sacrificing the value traditional underwriting adds, writes CIO of Prudential's individual life and annuities unit.

A new study finds that within the next two years, all large and midsize carriers will use predictive analytics in their group life operations, while nearly half of small insurers will deploy similar capabilities.

Consumers report broad concerns about the fairness and acceptability of using computers for decision-making in situations with important, real-world consequences.

Partnership gives life insurance customers insight into the testing process for underwriting.

Technology platform uses third-party data to reduce the amount of input required of agents.

While information on customers is readily available, danger scenarios are also changing rapidly, says insurer's personal insurance leader.