Life insurance underwriting is the behind-the-scenes process that plays a pivotal role in shaping your policy. This methodical evaluation delves into your personal and health details, considering ...
Mass volumes of data have become available since the ELD mandate started in 2017. All-at-once or gradual? Companies' approach to AI adoption and integration depends on their needs. Some businesses use ...
A panel of state insurance regulators is getting back to work on accelerated underwriting guidance for states to consider. Created during the National Association of Insurance Commissioners' 2019 ...
iA Financial Group has implemented FICO® Platform to scale and enhance its underwriting process. Already a leader in Canada with over 50% automation, iA aims to achieve 80% automation by 2030, ...
RLI Corp FY2025: 83.6% combined ratio, $403M net income, and strong dividend growth. See why I rate the RLI stock a Buy.
However, concerns about data security and privacy issues and resistance to change and legacy systems within some insurance companies are anticipated to hamper the growth of global market. On the ...
If you plan to buy medical insurance, remember that the proposal you sign is the source document for this review. Keep it ...
The upgraded workflow is powered by MAUDE, which Manulife originally launched in 2018 as Artificial Intelligence Decision Algorithm, or AIDA. Since then, the company has iterated the engine into a ...