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?
Key Issues in Simplified Issue Products (Slides)
Slides from the presentation by Robert Stout, Laboratory Director at Clinical Reference Laboratory delivered at the 2017 Spring Meeting of the Actuaries’ Club of the Southwest.
LV= Launches Pre-underwriting Tool to Give Instant Decisions
LV= has announced the launch of its new pre-underwriting tool, in partnership with UnderwriteMe, in a bid to improve the underwriting process for advisers.
What Do You Think When You Think of "Data"?
RGA's Raimondo Guerra demystifies data and discusses the future of insurance. Questions or comments?
Insurers Must Adapt to the Demands of the Information World
New, technology-driven changes in the ways people live their lives are prompting revolutions across industries. The insurance sector must adapt to these changing needs if it is to remain relevant to customers.
How Wearables can ‘Transform’ the Public Perception of Insurers
Matthew Edwards, head of mortality and longevity in Willis Towers Watson’s life insurance practice, (pictured below) explains why wearable technology presents a fascinating opportunity for insurers, and related sectors such as the private health sector.
Q&A: LexisNexis’ Elliott Wallace on New Datasets in Life Insurance Underwriting
The VP of Life Insurance for LexisNexis sees great opportunities for new startups in the life space.
Selfies and Death: Life Insurers Watching as Photos may Predict When You’ll Die
Selfies may be most keenly associated with narcissistic young millennials on social media, but they could soon have very serious implications for a person’s future. A company in North Carolina has claimed it can take people’s selfies and use them to predict their life expectancies.
Innovation in the Canadian Life Insurance Industry
The Canadian life insurance industry is seeing a wave of innovation across multiple fronts. Evolving customer expectations, shifts in distribution, emerging technologies, big data, and the threat of nontraditional entrants have insurers looking to drastically change the way they do business.
Insurers Can Predict the Future by Creating It
Backed with new capital, powered by digital technology and chained to a decentralized administration: A new model for transparent, simple and customer-focused life insurance, couldn’t be easier to visualize.