Underwriting & Fulfilment
Articles
In-depth: The global race in embedded insurance, and why insurers must move from an ‘egosystem’ to ecosystem mindset
Embedded Insurance has emerged as the insurance industry comes under sustained pressure to reform. It increasingly needs to revolutionise the way it conducts business, treats ...
In-depth: Underwriting innovation
Key points: Traditional underwriting approaches are hindering effective data gathering, especially in the aftermath of incidents, as outlined by Guidewire When gathering ...
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
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
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 ...
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! 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 ...
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...
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 ...
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 ...
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...
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 ...
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...
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 ...
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 ...
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 ...
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 ...
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...
Library: WTW – New satellite data reveals increasing proportion of population exposed to floods worldwide
August 2021 featured report: The impact of climate change is all around us. Wildfires have been raging in parts of the US, Europe, and Australasia over the past year. Flooding ...
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 ...
McKinsey & Company – Rewriting the rules: Digital and AI-powered underwriting in life insurance
Executive summary : To many consumers, buying life insurance can be painful. Despite insurance companies’ substantial investments over the past several years in digitising ...
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 ...
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 ...
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 ...
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 ...
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...
Automation accelerates in small commercial lines underwri...
The initiatives at the top of insurers' agendas in 2022 include those involving data and analytics.
Two Sigma IQ enters next phase with SubmissionIQ
Underwriting technology company shifts focus to workbench product
Markel expands in Hong Kong with new office, underwriting...
Moves demonstrate firm's commitment to Hong Kong
Introducing MetaRisk Live
MetaRisk Live enables clients to evaluate instantly the impact of changes to their reinsurance structure.
Trio of new health insurance offerings from Allianz Partners
Customers to have more health insurance policy options
FM Global opens experiential risk management facility in ...
The Centre is also home to the company’s Asia operations.
MEMIC Selects Gradient AI to Improve Underwriting Capabil...
The artificial intelligence-driven software features a large dataset that will allow the insurer to underwrite claims more quickly and accurately.
Nationwide partners with Human API for faster underwriting
The partnership will provide Nationwide with access to electronic health data.
What preventive measures can break data bias barriers
AI and ML can find patterns in data, but when they're trained on biased data, they can compound the issues and perpetuate a self-confirming data bias cycle.
CSAA Insurance taps ZestyAI for wildfire risk assessment
CSAA Insurance Group has partnered with ZestyAI, a climate and property risk analytics solutions provider, for wildfire risk assessment.
CSAA Adopts ZestyAI’s Z-FIRE
The insurer plans to integrate the solution into its underwriting and rating processes for homeowners’ insurance.
Send Technology Solutions raises £9 million
As part of the funding, Breega and Mercia have taken a stake in Send and Breega VC Principal, Maxence Drummond, has joined Send’s board.
Dale Underwriting Partners enters Marine Reinsurance market
Dale Underwriting Partners is an independent, owner-managed underwriting business.
UK Insurtech, Send Technology, Raises £9 Million to Expan...
Send Technology Solutions Ltd., the London-based insurtech, announced it has closed a Series A funding investment of £9 million ($10.7 million). The round
Tokio Marine Highland Deploys Akur8 to Strengthen Pricing...
The solution will improve the underwriting agency’s pricing process while improving the governance of the rate making process to deliver a safer, more consistent and traceable o...
QBE North America Names Laura Coppola Chief Underwriting ...
Coppola joins the company with more than 25 years of technical underwriting experience in property casualty insurance.
Understanding the Risk Factors of Your Business Forms
Every insurance business today is concerned with risk, yet something seemingly mundane that often flies under the risk radar is present in every insurance operation: forms. Know...
UK’s iprism buys Metier Underwriting
iprism has closed the acquisition of specialist underwriting agency Metier Trading Limited (MTL), which is trading as Metier Underwriting.
UK insurtech Send eyes expansion with Series A raise
British insurtech Send Technology Solutions has raised £9m in a Series A funding round led by venture capital firm Breega.
Guy Carpenter establishes new reinsurance optimisation tool
New offering enables more efficient work processes for clients
Iprism buys Metier Underwriting
Managing general agent Iprism has struck its first deal buying specialist underwriting agency Metier Underwriting for an undisclosed sum, Insurance Age can
Markel launches new offering for life sciences industry
US-based financial services firm Markel has launched a new specialised offering aimed at the life sciences industry.
Hourly.io teams up with Great American Insurance to expan...
Hourly.io has extended its partnership with Great American Insurance Group to reach out to small businesses across the US.
Ambac Acquires New Jersey Commercial Auto MGU and Marine ...
Financial services holding company Ambac Financial Group, Inc. announced that it has acquired majority stakes in both All Trans Risk Solutions, LLC and
Ambac boosts MGU, brokerage networks with new deals
Ambac Financial Group has purchased majority stakes in All Trans Risk Solutions and Capacity Marine Corporation.
SCOR falls to P&C underwriting loss on catastrophes,...
Global reinsurance company SCOR has reported a net loss for the first nine months of 2022 across its business of EUR -509 million, with its P&C
FM Global inaugurates APAC experiential risk management f...
Six-storey building houses interactive simulation labs and learning spaces
FM Global’s first experiential risk management facility i...
Berkshire Hathaway delivers P&C reinsurance profit d...
Warren Buffett’s conglomerate and re/insurance company Berkshire Hathaway has reported a huge $3.4 billion of pre-tax losses from hurricane Ian, but still
Best of Both Worlds: Combining Digital Distribution with ...
Will customers buy without the ease of the digital purchasing journey AND the comprehensiveness of fully underwritten coverage? PolicyMe, Canadian Premier; and RGA Canada, ask t...
Specialty Program Group Acquires Texas’ Catapult
Specialty Program Group, an operator of specialty insurance brokerages and underwriting facilities, announced the acquisition of the assets of Catapult
FCCI Insurance Group Selects Akur8 to Streamline Underwri...
The solution will let FCCI’s predictive modeling team to collaborate seamlessly, strengthen buy-in from internal stakeholders, and drive efficiencies to allocate resources to hi...
Alliant Acquires New Jersey’s Trivedi Capacity Asso...
Alliant Insurance Services has acquired New Jersey-based Trivedi Capacity Associates, further expanding its reach in the community association and
American Farmers and Ranchers Insurance Selects Bettervie...
The Oklahoma-based multiline insurer will use the platform to to improve underwriting efficiency and reduce premium leakage.
Converge, CyberCube team up to bolster underwriting ecosy...
Converge has teamed up with cyber risk analytics platform CyberCube to provide deeper data and risk solutions to customers.
Asia-Pacific reinsurers face mounting downside risks
Region's reinsurance players see moderate growth prospects amid global headwinds
How can Property Intelligence Help You Manage Risk?
The Betterview Property Intelligence and Risk Management Platform helps your manage risk with flagging, automation, and risk spotlights.
Bestow and North American break-up agency-channel ties
Based on information we received from multiple sources, the relationship between Bestow and its carrier partner North American Company is coming to an end.
Artificial Labs adds Ascot founder Martin Reith as Chairman
Artificial Labs, a UK insurtech providing algorithmic underwriting technology to the commercial and specialty insurance market, has announced the
Chubb reports $1.2bn of cat losses for Q3, reinsurance pa...
Global insurance and reinsurance group Chubb reported almost $1.2 billion of catastrophe losses for the third-quarter of 2022, with $975 million coming
Gradient AI acquires the analytics unit of Prognos Health...
Gradient AI is a Boston-based enterprise software provider of AI solutions in the insurance industry.
Gradient AI acquires Prognos Healthcare
Gradient AI is a Boston-based enterprise software provider of AI solutions in the insurance industry.
USAA’s Jennifer Kyung aspires to ‘seamless...
Chief underwriter also works to encourage more diverse representation in the underwriting organization.
Swiss Re and Indonesia Re enhance data accessibility thro...
Swiss Re looks to support Indonesian insurers to make the country more resilient through digital solutions, beyond traditional risk transfer.
SecondSight launches AI-driven platform for underwriting ...
SecondSight has announced the launch of an AI-driven platform for "inside-out" underwriting, alongside an "oversubscribed" $3 million seed round of
SelectQuote introduces SwiftTerm Select
Policies will be issued by Symetra.
How can Property Intelligence Help You Score Risk?
Property intelligence empowers P&C insurers to score risk, increasing efficiency and clarity using artificial intelligence and predictive analytics
Pen Underwriting Limited revenues in UK rise as it target...
Pen Underwriting Limited’s turnover in the UK rose by 1% in 2021 as it remained on course for its £1bn gross written premium target, according to year-end
Legislative Action Aims to Ease Florida Homeowners Insura...
With the market facing contractions of more than 10 percent, DeSantis and the legislature went back to the table after the regular session to address some of the underlying fact...
MS Amlin Underwriting names Andrew Carrier as CEO
MS Amlin Underwriting has appointed Andrew Carrier as CEO, he is currently chief underwriting officer and will take up the role on 1 January 2023, subject to
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