Underwriting

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.