Underwriting & Fulfilment
Articles
Applied adds Geo Underwriting to personal lines panel
Applied Systems, a cloud-based solution provider has launched a new product in partnership with Geo Underwriting called Geo FlexiLet. The product is underwritten by Ageas and...
Fetch! debuts searchable database of underwriting guidelines
In the US, distribution-based InsurTech called Fetch! has launched a software application which allows underwriters to search relevant underwriting guidelines on the go, ther...
Element AI brings AI underwriting to GroupAssur
GroupAssur, a Canada-based broker, has partnered with Element AI, which offers AI-based software solutions to optimise its underwriting workflows.
Element AI helped Gr...
The New Wave: Evolving pricing and underwriting models
Bridging the gap between legacy comforts and tomorrow’s requirements is a challenge for every industry. This bridge is particularly important for life and health insurers as ...
ICLAM 2019: TDI Underwriting and Claims Tech Panel
Lincoln Financial Group’s new underwriting engine delivers instant life insurance quotes
Lincoln Financial Group provides advice and solutions around retirement, insurance and wealth protection to help support its customers in their lifestyle, savings and income ...
TDI Webinar – February 2019 – The Digital Actuary – preparing for the future … Now!
The Digital Actuary – preparing for the future…Now! webinar was held on 27th February 2019. The agenda included trends & predictions about: How actuaries can prep for ...
Personalisation of Insurance: the end or a new beginning?
A Brave New World InsurTech and the personalisation of insurance is a subject I’ve written about a lot. The concept is simple. Old world methods of assessing risk are blunt ...
Knowing the risks: How to manage regulatory risks while driving innovation forward
The insurance industry is in the midst of unprecedented change. Changing customer dynamics, rapidly evolving technologies, and the growing ability to distinguish customers at ...
Risk and Regulation
Verisk’s ISO Personal Lines Program Targets $40 Billion Private Flood Insurance Market
Verisk has launched a new flood insurance program which enables insurers to enter the private flood insurance market by offering broad and flexible coverage options in a temp...
Les Wong from The Digital Insurer speaks @ Digital Insurance around the world panel session – Global LIVEFEST 2018
Watch Les Wong from The Digital Insurer speak @ Digital Insurance around the world panel session – Global LIVEFEST 2018 about Bought by Many as Global Challenger where people...
Underwriting & Claims in a digital world panel session @ Africa LIVEFEST 2018
Scroll down for the full session video below the infographic Watch the Session Recording
Joe Van Niekerk from Discovery Vitality speaks @ Africa LIVEFEST 2018 panel session -Underwriting & Claims in the Digital World
Watch Joe Van Niekerk from DISCOVERY Vitality speak @Africa LIVEFEST 2018 panel session -Underwriting & Claims in the Digital World about innovative ways to improve health ...
Oliver Werneyer from IMburse speak @ Africa LIVEFEST 2018 panel session- Underwriting & Claims in the Digital World
Watch Oliver Werneyer from IMburse speak @ Africa LIVEFEST 2018 panel session- Underwriting & Claims in the Digital World about an innovative Cloud-based centrally managed ...
Florence Nabakiibi from ICEA Life Insurance speaks @ Africa LIVEFEST 2018 panel session -Underwriting & Claims in the Digital World
Watch Florence Nabakiibi from ICEA Life Insurance speak @ Africa LIVEFEST 2018 panel session -Underwriting & Claims in the Digital World about the opportunities and ...
Thomas Gachie from Resolution Insurance speaks @ Africa LIVEFEST 2018 panel session -Underwriting & Claims in the Digital World
Watch Thomas Gachie from Resolution Insurance speaks @ Africa LIVEFEST 2018 panel session -Underwriting & Claims in the Digital World about Medical E-claims Initiatives and ...
Shaping the actuarial workforce of the future
Shaping the actuarial workforce of the future Advanced analytics and big data are fundamentally changing actuarial work. Today’s actuaries no longer have to follow the ...
Underwriting transformation in the digital era
Article Synopsis : This report from EY is based on a global survey of business and IT executives at more than 40 carrier, broker and InsurTech firms. The survey is the first to ...
Enabling the future of underwriting
Article Synopsis : With the insurance industry awash in data from a variety of sensors and devices, underwriters are under growing pressure to collect and combine just the right ...
Finalist of The Digital Insurer’s European Insurance Innovation Award 2017 – Healix
Thank you, Healix! On 19th September 2017 the final presentations for The Digital Insurer Insurance Innovation Awards were held. In this unique format four finalists presented ...
Analyze Re – applying Cap Mkts tech to bring reinsurance underwriting into the 21st century
The $500bn reinsurance industry provides insurance for the insurers. In this market it is all about premiums and risk and the relationship between them, defined as the loss ...
New rules of the road in Underwriting – E&Y Research
Article Synopsis : There is no doubt that digital advancement presents a great opportunity for insurers to leverage technology, data and analytics to achieve underwriting ...
Coming of Age for Automated Underwriting – Infosys
Article Synopsis : The business benefits of end-to-end automation and straight-through processing renders the implementation of automated underwriting solutions as one of the ...
Strategic Considerations for Automated Underwriting – RGA
Article Synopsis : A responsive and automated underwriting solution that allows quick access to critical information, offers comprehensive risk analysis, optimises costs, and ...
Streamlining underwriting – EY report
Article Synopsis : Technological innovation together with enhanced analytical capabilities is transforming the future of underwriting and insurers have started re-imagining it as ...
Winning New Technologies – Munich Re report
Article Synopsis : Improved technology, data availability and analytics tools have emerged as great enablers and now insurers are increasingly embracing automated underwriting as...
New! Coming soon
We are putting the finishing touches on our special report on Digital Underwriting and Fulfilment that we have produced in collaboration with Swiss Re. The report explores current ...
Exclusive Digital Underwriting and Fulfilment Report produced by The Digital Insurer and Swiss Re
In collaboration with Swiss Re, The Digital Insurer is pleased to reveal its exclusive Thought Leadership Report on Digital Underwriting and Fulfilment in Asia Pacific. We are ...
Technology Solutions to Complex Risk Underwriting – Accenture
Article Synopsis : Traditional underwriters are often bound by manual processes and tasks such as managing data, documentation and tracking clients/agents, which can impact the ...
Integrating real time data in the underwriting process – IBM
Article Synopsis : Insurance underwriting is on the verge of a quantum leap as an increasing number of insurers are recognizing the role of data analytics and big data in risk ...
The digital revolution – how underwriting is changing to support the mobile sales process
In this article, from guest author Glen Holmes, the role and design of automated underwriting tools are explored. The mobile advisor is arriving quickly – just in time to ...
Swiss Re Advanced Risk Management Seminar
The Digital Insurer was pleased to present to the Swiss Re ARMS conference. Digitalisation is changing the world at an extraordinary pace. What does that mean for our insurance ...
MIB Acquires Paperless Solutions Group
The acquisition expands MIB’s portfolio of solutions aimed at making the application and underwriting processes quicker and more efficient.
Omniscience Launches OmniExtract to Speed Life Insurance ...
The solution enables automated, rapid, and sophisticated life insurance underwriting decisions about new customers, regardless of whether the potential insured has a complex his...
Swiss Re’s Magnum solution adopted by FWD Fuji Life
Swiss Re has announced that its automated underwriting solution, Magnum, has been adopted by Japanese life insurer FWD Fuji Life Insurance Co. FWD Fuji
Pekin Life Integrates iPipeline Automated Underwriting wi...
The insurer’s use of the vendor’s Resonant New Business and Underwriting into its new business platform has accelerated sales during the COVID-19 pandemic.
Innoveo and HazardHub announce strategic partnership
Innoveo, THE no-code technology provider that started the no-code revolution in 2007, and HazardHub, the USA’s fastest-growing supplier of geospatial risk data, a 2020 Gartner ...
– ClearView adopts Munich Re’s new Cloud-Base...
The new digital service platform covers automated underwriting, underwriting ...
insurance Policy Administration System and a cloud-based underwriting rules ...
WIL NEXT 2020: CSAA’s Laurna Castillo
Laurna Castillo is VP, Western State Product for CSAA Insurance Group. In this role, she is responsible for nine State Product Managers managing the long-term growth of their ma...
Argo Group Adopts ACORD Transcriber to Automate Data Extr...
ACORD Transcriber automatically download, extract and populate data in various document formats, enabling direct systems integration and straight-through processing.
Trinity Underwriting Expands team with new Professional &...
TORONTO, ON, NOV. 17, 2020/insPRESS/ – Canadian MGA, Trinity Underwriting Managers has recently expanded its team of Professional services and Technology underwriters. “I am ver...
Guidewire Integration with Betterview Gives Insurers Acce...
Upgraded integration with Betterview will allow P&C underwriters to access and act on Betterview’s property data and aerial imagery directly in the latest versions of Guidewire ...
1-in-100 year global insured loss now over $300 billion: ...
The 1% aggregate exceedance probability insured loss (also the 100-year return period loss) from catastrophe events around the globe has risen to more
AbsoluteClimo updates climate catastrophe risk & fin...
AbsoluteClimo, a climate and weather modeling, forecasting and risk management firm based in Hawaii, has announced upgrades to its core service of climate
Verisk Analytics : Announces Plans to Integrate its Life ...
Verisk (Nasdaq:VRSK), a leading data analytics provider, and WOMBA,
nationally recognized as a leader in the medical data aggregation and
interoperability ...
Asia-Pacific provides climate for insurtech – REMI ...
Insurtech harnesses real-time data for quicker damage assessment and claims
payout, and the development of new property insurance products.
Munich Re Automation Solutions expands partnership with E...
Munich Re Automation Solutions, the insurtech-focused subsidiary of Munich Re Group, has expanded its partnership with ExamOne, a Quest Diagnostics
Verisk to integrate life insurance solutions with WOMBA’s...
“The pandemic has added urgency to the digital transformation long sought by many in the life industry. Our plans to integrate Verisk’s EHR Triage Engine with WOMBA’s platform w...
Commercial property insurance price rises accelerate glob...
Commercial property insurance price rises continued to accelerate higher in all regions around the globe during the third-quarter of 2020, with
Man vs. machine? How automated machine … – In...
How automated machine learning will evolve actuaries. Share! Digital Insurance
- Nov 09, 2020. The most likely outcome is that it will fuel a transformation in the ...
Is machine learning the silver bullet in … – ...
Using machine-learning to underwrite property insurance has been UrbanStat's
main focus for the last 3 years. It started as a simple Minimum Viable Product ...
IXN’s API platform enters life insurance space in tie-up ...
LifeDX platform, developed by IXN Tech, has launched into the life insurance space with Pacific Life as the first life insurance carrier onboard.
LifeDX Data Exchange Platform Through Collaboration with ...
The platform offers simplified exchange of real-time data while offering customizable experiences without drain on development resources.
Who’s using what in P&C insurance: November 2,...
Insurance technology news from Cover Genius GuideOne National Zurich North
... and machine learning, this end-to-end digital insurance solution can be made
...
Breckenridge Insurance Services Selects ClarionDoor to Mo...
As the company continued to expand operations, its leadership decided that it required a modern, digital distribution platform to streamline the quoting process.
Sompo partners with Willis Towers Watson to enhance insur...
Sompo Asia has selected Willis Towers Watson’s pricing solutions for its retail business across Asia in a bid transform its pricing operations.
How Alternative Data Could Improve The Life Insurance Und...
Life insurers are using alternative data sources like electronic health records, biometrics, and genomics to boost underwriting efficiency and accuracy.
Sompo Asia transforms and enhances its insurance pricing ...
This ranges from traditional rating structures through to complex pricing
algorithms with embedded models that take advantage of machine learning
methods, ...
ISC launches new Investor Property Insurance Program
The program will address large complex residential property schedules, providing coverage at competitive terms.
Sompo adops Emblem and Radar Base by WTW
SOMPO, which already uses Willis Towers Watson’s liability calculation tools, will initially implement Emblem and Radar in Singapore, India, Malaysia and Indonesia, before casca...
LexisNexis Risk Solutions and Arturo Team Up to Deliver t...
... and auto insurance claims and geospatially analyzed weather event data from
... of data, advanced analytics and technology for the insurance industry, and ...
LexisNexis Enhances Roof Solution with Arturo’s AI Analytics
Arturo’s imagery analytics will be used to enhance the recently developed LexisNexis Rooftop solution, to provide property insurance carriers with a roof condition solution.
LexisNexis and Arturo partner to deliver analytics-powere...
Risk Solutions, a provider of data, analytics and technology for the insurance industry, and , an AI analytics provider of...
Kettle Re – Using deep-learning to make climate-lin...
Kettle Re is launching as a reinsurance provider utilising deep-learning and artificial intelligence to create proprietary risk models and analytics that
AceInfo Secures $135M FEMA Task For Insurance System …
AceInfo Secures $135M FEMA Task for Insurance System Modernization ...
management, health IT, grants management, data analytics and machine
learning.
The Future of Underwriting, Part 3: Enabled Underwriting
Accenture’s Michael Reilly explains how intelligent tools can eliminate blind spots and supercharge expertise in underwriting.
SCOR Global Life Americas releases Velogica® 5.0
Latest Velogica aims to help protect families by facilitating easily acquired life insurance at affordable prices while integrating most advanced evidence sources digitally.
Convr Launches Convr Insider, Complimentary Underwriting ...
Using Convr Insider, commercial insurers can access insights on recent trends impacting a business, including COVID-19, supporting better underwriting decisions...
Lincoln Heritage Life goes live with FAST’s eApp
The implementation is the first step in a multi-phase legacy transformation program at Lincoln Heritage, which will also include FAST’s distribution management and policy admini...
SBLI increases coverage to $750K on fully digital submiss...
Availability for all risk classes is unique in life insurance industry.
Greater Than unveils its Enerfy Risk Portfolio Tracker
A tool that provides real-time, predictive risk insight for each policy, on any customer base.
VitalityLife underwriting process overhauled with two add...
VitalityLife has revamped its underwriting process to reduce the time take to get underwriting decisions day or night for customers.
The Future of Underwriting, Part 2: Intelligent Intake
Accenture’s Michael Reilly looks at five ways insurance carriers can revolutionize intake with intelligent tools.
reask releases Unified Tropical Cyclone (UTC), a global, ...
SYDNEY, OCTOBER 14, 2020 – Today, catastrophe risk start-up reask has released an industry first global, climate-connected view of tropical...
The Role of Blockchain Technology in Financial Engineerin...
Insurance processes cover the management and administration of insurance
business i.e., marketing, sales and distribution, the underwriting process and
claims ...
The Future of Underwriting, Part 1: Omnichannel Distribution
Accenture’s Michael Reilly begins to unpack the future of underwriting with a look at the power of omnichannel distribution.
Markel Chooses Concirrus Marine Underwriting Tool – Insur...
The platform complements Markel's strategy to examine digital data, ensuring
underwriters have a real-time view of the global market to support the provision of
...
LexisNexis Risk Solutions and ExamOne Partner on Life Mor...
The partnership combines LexisNexis’ Risk Classifier model with ExamOne’s accelerated medical solution historical lab testing and prescription information.
LexisNexis collaborates with ExamOne to improve risk iden...
The collaboration allows life insurers to more confidently expand age and policy ranges, utilize data in a more consistent, cost-effective manner, and deliver better experiences...
LexisNexis Risk Solutions and ExamOne Combine Leading ...
... Data Science to Improve Risk Identification for Life Insurance Underwriting ... a
leading provider of data, analytics and technology for the insurance industry, ...
UK MGA Manchester Underwriting Mgmt Buys Renewal Rights o...
Manchester Underwriting Management Ltd. (MUM) has acquired the portfolio renewal rights of Pinpoint Underwriting. The underwriting team at Pinpoint will
What is parametric insurance? | Swiss Re
Most people will understand how traditional commercial property insurance works – but what about parametric solutions? What it is and how it works?
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