12 December 2024
Artificial General Intelligence (AGI) can be characterized as "highly autonomous systems that outperform humans at most economically valuable wo…
Insights
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13 November 2024
Despite economic headwinds, the Life insurance industry is pursuing a strategy of growth. But to do so in the current macroeconomic environment…
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12 November 2024
Despite economic headwinds, the P&C insurance industry is pursuing a strategy of growth. But to do so in the current macroeconomic environment r…
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27 September 2024
Pricing models need to change because new hazards are emerging, and some existing hazards are becoming more severe. Pricing models also need to…
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26 September 2024
The emergence of insurtechs in the 2010–2015 period marked a new stage in the evolution of MGAs. The value propositions of many insurtechs cente…
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1 September 2024
In January, this year I peered out my office window, and saw a Waymo vehicle navigating the roadways in my townhouse complex. I live in Menlo Pa…
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21 July 2024
This report assumes that expense reductions and improved underwriting results are still critical factors in Life and Annuity. Based on that: F…
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27 June 2024
This report makes the assumption that the battle for rate adequacy will be won in a foreseeable future. And when that happens: In the short r…
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25 June 2024
Traditional types of data used in commercial lines underwriting have typically been accessed from submissions, public records, and various datab…
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21 June 2024
Since the emergence of widely available Gen AI (aka Generative AI) solutions (OpenAI’s ChatGPT, Google’s Gemini, Anthropic’s Claude, Meta’s Meta…
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11 April 2024
For many years, personal auto insurers have been using credit-based insurance scores as inputs to pricing algorithms. The insurers1 state that t…
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29 March 2024
Today the insurers of manufacturers have a somewhat similar opportunity as auto insurers had nine or ten years ago. The insured automobiles prod…
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21 March 2024
Maintaining acceptable levels of persistency in employee benefit programs presents multiple challenges. Unum’s Project Trident provided solution…
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20 March 2024
An insurer at the start of a modernization journey has to make a series of choices: which systems, or which features and functions within system…
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6 March 2024
Claims, often referred to as the "moment of truth," represent the fulfillment of an insurance policy's promise to indemnify and make customers w…