Can Big Data Spell the End of Uncertainty?
Big data applications are increasingly shaping our everyday lives, making trends more transparent and patterns more predictable. Like insurance, science, notably medicine, is equally subject to the novel possibilities and demands resulting from big data. Will risks gradually decline as trends and patterns become more predictable in healthcare and for behavior? Are the days of insurance and science as we know them numbered?
Impaired Risk Review: First Class Mail
Throughout the years in our columns, I get both regular mail (yes, it still exists) and emails with a variety of questions. This month would be a good time to share some of these questions (and perhaps make this an occasional column) to address some pertinent things in the current. After all, questions some of you ask, often many of you have as well…
How Changes in Neurological Disorder Treatments Can Affect Claims
Brain disorders contribute significantly to disability figures throughout the world, adding more Disability-Adjusted Life Years than HIV or ischaemic heart disease.
The Changing Face of Underwriting
Facial analytics may play a key role in calculating future life insurance premiums thanks to a North Carolina technology firm claiming its platform returns lifespan estimates more accurate than traditional methods.
A Novel Cardiovascular Risk Biometric: Aortic Pulse Wave Velocity
This article introduces aortic pulse wave velocity (aPWV) and explains how this new biometric could help underwriters to predict major cardiovascular events and mortality.
How Haven Life uses AI, Machine Learning to Spin New Life out of Long-Tail Data
Haven Life is leveraging MassMutual's historical data to give instant life insurance approvals. Using AI and machine learning to derive new value from old data could become an enterprise staple.
Underwriting Presentations from the 2017 SEHOUA Meeting
Slides from presentations delivered at the 2017 Southeastern Home Office Underwriters Association have been posted at the SEHOUA site. Presentations include:
- Analytics – Mind versus Matter
- Pharmacogenetics: Relevant or Not?
- Give Credit Where Credit is Due – The Value of Credit in Life Underwriting
- The Underwriting Profession at Risk: 4 Steps to Manage Career Morbidity
- Underwriting the High Mileage Applicant
- The Meaning of Underwriting
- Life after Bariatric Surgery
- Mental Illness Update
The Impact of Big Social Data (Thinking Out Loud with LIMRA Podcast)
Jennifer Golbeck, Director of the Human-Computer Interaction Lab at the University of Maryland speaks with LIMRA’s Eric Sondergeld about “Big Social Data” and how to balance the need by industry for insight with the desire for privacy by consumers.