Why ‘Big Data’ Will Force Insurance Companies to Think Hard About Race
The controversy surrounding the political consulting firm Cambridge Analytica’s use of personal data harvested from social media accounts without the users’ permission is among the first of what likely will be a long series of public debates about how the use of “big data” can shape our lives. And one of the most obvious battlegrounds where we should expect such fights to play out soon is in the insurance industry.
Consumers, Insurers and Genetic Information
The United Kingdom may have come up with a good, practical compromise.
The Amazonization of Life Insurance
In theory, it is the depersonalization of the consumer experience and process in search of the cheapest and easiest alternative in doing business. Life insurance is unfortunately one of those entities subject to these forces, whether by Amazon or by other methods insurers are now using to amalgamate the process.
This Life Insurer Harnessed the Power of the Selfie
Legal & General America, a top player in the U.S. term life market, has found a secret passage into U.S. consumers’ wallets: selfies.
What Happened to Life Application Activity in March Might Shock You
MIB Group Inc. says life insurance application activity was either pretty good in March or terrific, depending on the yardstick used.
Adopt a Correlation-based Underwriting Approach to Drive Efficiency
Why “We have always done it this way” is not an ideal approach for insurers today.
SCOR Housecalls: Chronic Granulomatous Disease
What is Chronic Granulomatous Disease, and what are the mortality implications?