Technology & Analytics
Florida’s Homeowners Crisis Requires Insurance Stability, Legislative Reform and Smart Technology
Even before Hurricane Ian, Florida's home insurance market was hobbled by fraudulent claims, pricey lawsuits and financial mismanagement by some insurance firms. Floridians pay the highest annual ...
Avoiding the Black Box: How to Apply Machine Learning to Actuarial Pricing
Applying machine learning to pricing and actuarial workflows is becoming easier due to advances in technology and increasingly accessible platforms. These complex algorithms will not replace business ...
Planck: Mining Data Gold for Small Commercial Insurers
Elad Tsur, the co-founder and chief executive officer of Planck, takes his inspiration to answer a question about the future of commercial insurance underwriting from the movie "Minority Report." ...
100% Digitized: Coterie Insurance Underwriters Create Their Digital Clones
InsurTech Coterie Insurance is on a mission to bring speed, simplicity and service to small business insurance—and it's accomplishing that with a 100 percent digital underwriting process. Does that ...
Unlocking the Value of Intelligent Automation for Actuarial Ratemaking
Back in the day doesn't mean what it used to. In most cases, that phrase refers to a time many years ago. But with the world changing as quickly as it is, back in the day can refer to just a few ...
Underwriters of the Future: 100% Digitized or Super Human?
At Coterie Insurance, an MGU on a mission to bring speed and simplicity to small business insurance, a 100 percent digital underwriting process is in place. Coterie Insurance's underwriters are ...
How Federato Solves Underwriters’ Problems—and Lowers Reinsurance Costs
Lower reinsurance costs aren't the most talked-about benefit of introducing AI and automation tools to the desks of property/casualty insurance underwriters, but with chatter about harder reinsurance ...
Making Commercial Underwriting Transformation Happen: Meet the Technology Players
Carriers and MGUs like QBE NA, Nationwide and Coterie Insurance aren't going it alone as they carry out their missions to transform commercial insurance underwriting. Coterie Insurance and Nationwide ...