Antimicrobial Resistance – Taking Stock
A recent UK report estimated that, in the absence of any progress in combating antimicrobial resistance, there would be a staggering 10,000,000 deaths globally in 2050, compared to 700,000 today. To provide some perspective for this number, antimicrobial resistance would cause more deaths than cancer. The economic cost would be US$100 trillion. The implications for the insurance industry are potentially very damaging.
Emerging Trends in Life Insurance Claims – What’s Next?
As life claim professionals we must continually be aware of changes and emerging trends within the life insurance industry that may affect claim operations. This article takes a high level look at a few of these trends, focusing on three areas: technology, resources and policies.
The Retirement Challenge (LOMA Resource)
How can insurance companies help solve the retirement challenge? What is your company doing to serve the retirement market?
Livestream AHOU 2017
Can't make it to San Diego for AHOU 2017? You don't have to miss out on the underwriting industry event of the year - AHOU is offering six sessions via livestream.
Do Health Apps Threaten the Privacy of Sensitive Data?
The growing use of smartphone apps and wearable devices to generate personal health and lifestyle data poses a dilemma for privacy. While individuals have much to gain using apps to help them manage ongoing health concerns, including better understanding of their health, the privacy of the data itself may be at risk.
The Great AI Race in Insurance Innovation
The rise of artificial intelligence is the great story of our time. Leaving the laboratory after decades in the making, artificial intelligence, or AI, is infusing itself into many aspects our daily lives – from homes and phones to cars and offices. Machines are now able to perform tasks that previously required human intelligence across various industries. Insurance, once perceived as highly resistant to change, has now accelerated the race for innovation.
Mystery and Insurability: Unraveling the Challenge of Multiple Sclerosis
It may become even more challenging to underwrite applicants with Multiple Sclerosis (MS), and that is positive news for patients. Medical advances are outpacing mortality data so swiftly that, within the decade, it could be possible for the majority of applicants to be prescribed medications for which there are currently no long-term experience studies.
2017 Perspective: The Insurance Industry’s Growing World of Data
Data. Those of us in the insurance industry have always collected data, had access to it, and analyzed it to the best of our abilities. But the amount we are collecting, where it’s coming from, and the way that we collect and manage it, has catapulted us into a whole new stratosphere over recent years. In this new world of harvesting data from an ever-growing number of categories of data and the types of devices generating it, we must focus on the trends that are transforming our industry, and come up with a formula to analyze and make the data actionable for our business.