Technology

Fukoku Mutual Life Replaces Office Workers with Artificial Intelligence

Insurance firm Fukoku Mutual Life Insurance is making 34 employees redundant and replacing them with IBM’s Watson Explorer AI

Capturing the Millennial Middle Market with Smart Analytics

By integrating data and advanced analytics into their processes, life insurers can capture one or more lucrative niches, including millennials in the middle market, before the competition does.

New Report Finds Health Wearable Devices Pose New Consumer and Privacy Risks

Personal health wearable devices used to monitor heart rates, sleep patterns, calories, and even stress levels raise new privacy and security risks, according to a report released today by researchers at American University and the Center for Digital Democracy.

Priorities for Innovation, Automation and Transformation

In 2016 our industry went from one that was slow to adopt emerging technologies to one that is well on its way toward digital transformation. With increasing disruption in the form of innovation and new market entrants, we’ve moved more quickly toward progress than any time in history.

NU Panelists Explore Innovations in Underwriting

What will the insurance underwriter's job look like in three or five years?

The Revolution in Impaired Risk Underwriting

Insurers have developed mathematical algorithms to determine where they can speed up the underwriting process

Preparing for the Digitally Immersed Customer (LOMA Resource)

Rapid advancements in technologies such as IoT, wearables and AI is changing consumer behavior and expectations. How can you prepare for the customer of the future?

LexisNexis Shifts Life Insurance Underwriting into High Gear

Company is betting that data analytics will prove transformative to the market.

Harnessing the Power of Digital: Are Life Insurers up to the Task?

It's long been understood that life insurers have lagged other sectors in digitizing their business processes and directing money to new technologies to try to gain a competitive edge. The only question is, how much have they underinvested?

Accelerated Underwriting Opportunities: New Data Sources, Technology Improve Process

Opportunities for point of sale underwriting are increasing as new data sources become available and processing techniques are developed. Risk scores are being analyzed by SCOR’s R&D Center for impacts to underwriting and mortality assessment.

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