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Supporting Underwriting, Claims Decisions With the Science of Behavioral Economics
Successful insurance product administration requires consistent, accurate decisions from the evaluation of submissions at underwriting to the adjudication of claims. Effective decision operations are ...
Estimating Climate Change Risk: Do Scientists Need a New Approach?
It has become increasingly common for the general media to say that weather-related disasters have been caused by climate change. Such headlines have largely been frowned upon by the scientific ...
From On-Demand Insurance to Slice Mind: The Evolution of an InsurTech
Tim Attia didn't have 400 years to wait for the on-demand insurance distributed by his company Slice Labs to make its way around the world. "We're focused on this new economy—digital products, ...What Is Slice Mind?
Engineers and algorithms take the place of people for the digital insurers that use the Insurance Cloud Services platform available from Slice Labs Inc. But even carriers that don't currently use ICS ...
What’s Next for Slice? Small Business Insurance and More
Having used Slice Insurance Cloud Services to set up digital insurers for the likes of AXA XL, Sompo International, The Co-operators and Legal & General, CEO Tim Attia sees a world of opportunity ...
Not Magic, But Design Thinking Works
There is so much talk about the need for the insurance industry to innovate. More and more emphasis is being put on innovation. Heck, even AM Best has decided that it needs to assess innovation as a ...
Quantum Computing Risks Overblown: Insurer Use Cases Revealed
Within financial services, quantum computing is getting a lot of attention. Recent publicity is flourishing, thanks to quantum commercialization efforts. Fears about the worst-case scenario—the ...
8 Things That Will Never Be the Same in Insurance After COVID-19
More than any human, COVID-19 is driving a digital transformation of the insurance industry. Everything about the way the industry has traditionally worked is under challenge due to the quarantine, ...