big data

The center questions the use of factors such as employment class and education level in marketing, underwriting and pricing.

Munich Re assessed the effectiveness of Milliman Irix® Risk Score 2.2 in stratifying the mortality for the U.S. insurance applicant population.

This two-part article aims to review some of the important concepts and considerations for insurers wishing to use data and technology to become a partner rather than just a payer for their policyholders. These include ethical considerations, understanding exactly what data is, the implications of data misuse and of ethical intelligent data use, and the importance of integrating data from various sources, ultimately enabling us to grasp the true potential of data.

This two-part article aims to review some of the important concepts and considerations for insurers wishing to use data and technology to become a partner rather than just a payer for their policyholders. These include ethical considerations, understanding exactly what data is, the implications of data misuse and of ethical intelligent data use, and the importance of integrating data from various sources, ultimately enabling us to grasp the true potential of data.

Brooks Tingle, president and chief executive officer, John Hancock Insurance, said the organization wants to promote engagement with insureds by partnering with a growing range of tech and service providers. Tingle spoke with AM BestTV at InsureTech Connect 2019, held in Las Vegas.

Top industry analysts discuss AI and the life insurance industry
 

Underwriting practices today are a world away from those commonplace 20 years ago, but the biggest evolution is yet to come.

There are few things that contribute more to building an appreciation for different roles than sitting in someone else’s shoes.

Cardiorespiratory fitness (CRF) is a measure of the body’s ability to supply oxygen to muscles, including the heart, during sustained levels of exercise. Whether or not you believe the hype that just sitting around poses a significant health risk, the truth is most people could do with exercising more.