Easier Approach to Risk Profiling By Peter Blackmore The absence of risk profiling in most commercial insurance transactions globally leads to under-insurance or non-insurance.
How Actuaries Can Be Faster, More Efficient By William Freitag Faster actuarial answers are needed to meet the growing demand for quick product development, testing and rollout.
Improve Reputations By Peter Blackmore Profiling clients’ risks before recommending insurance reduces conflict-of-interest perceptions surrounding issues like sales commissions.
How to Lose $7 Billion a Year By Peter Wells Bad valuations cost underwriters $7 billion a year on business interruption insurance -- but third-party data can end the problem.
Underwriters Need Some Power Tools By Michael de Waal By automating parts of the process, you can help human underwriters deal with information overload and do their jobs more efficiently.
New Products and Combined Approaches By Kyle Nakatsuji New insurance experiences can combine “Insurance 2.0” distribution and structural and product innovation and have a dramatic impact.
Next Generation of Underwriting Is Here By John Belizaire Insurers are able to leverage modern underwriting workstations to offer the best coverages or exclusions at the right price.
How On-Demand Economy Can Prosper By Tim Attia On-demand platforms have eliminated barriers to self-employment. But people need to be protected when operating as businesses.
Auto Insurance in an Existential Crisis By Stephen Applebaum Alan Demers The 125-year-old, $300 billion U.S. auto insurance industry is caught between runaway inflation and strained consumer wallets.
The Promise of Continuous Underwriting By Bill Deemer Bobby Touran Typically, a risk is underwritten, bound... and forgotten. But new streams of data and automation allow for continuous underwriting.
Convergence and the Insurance Ecosystem By Stephen Applebaum Alan Demers Companies must anticipate the future, innovate beyond their core and transform their capabilities as rapidly as technology allows.
Lemonade's 'Synthetic Agent' Nonsense By Matteo Carbone Desperate for growth, Lemonade produces another howler: A lender receiving a 16% interest rate is presented as a (synthetic) agent.