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The use of rent data in credit models is allowing people with low credit scores or thin credit files to get loans. But consumer advocates warn the use of that data could harm the very people it’s supposed to help.
July 11 -
Also: Polly integrates with six mortgage providers; Roostify teams up with Covered.
May 31 -
The Personal Lines Insurance Shopping Report suggests consumers are overcoming fears of surveillance to reduce premiums.
May 24 -
The partnership allows for the new integration of a more efficient digital mortgage process.
May 17 -
Current actuarial techniques are good at quantifying in the aggregate – but less so in the detail.
May 12Willis Towers Watson’s -
Freddie Mac researchers led by Ajita Atreya found that homes directly exposed to projected sea-level rise command no discount over those that aren’t.
April 4 -
Keeping track of frequent changes to homes has become a complex issue for many insurers. With limited resources and rising customer expectations, many insurers are moving beyond traditional forms of customer outreach – emails, phone calls, and on-site inspections— to obtain the latest underwriting data about the properties in their portfolio.
March 17Verisk -
Despite an influx of potential rental insurance customers, carriers must innovate to cut through the noise and connect with their best prospects on a personal level to ultimately turn them into a client. With so much competition, simply reaching out at the right time may not be enough. Insurers need to understand these consumers on a deeper level.
March 11AnalyticsIQ -
In 2020, natural disasters, excluding COVID-19, caused a total of $76 billion in insured losses, as opposed to the $7 billion in man-made insured losses. Companies must prepare to meet the demands of an increased customer base, including facilitating an easy claims process and expanding digital access.
February 1Capco -
Mobile Appraiser Pro uses photo capture technology and AI-powered mobile estimation and valuation tools to provide nearly real-time insight to field appraisers.
January 27