Insurance fraud is a serious problem. Not only does it cost the insurance industry billions of dollars every year, but it also negatively impacts consumers. For...
Insurance fraud is a significant challenge that costs the insurance industry $308 billion annually. Fraudulent activities range from individuals exaggerating...
Despite underwriting artificial intelligence (AI) being such a useful tool in the insurance industry, consumers are not fond of artificial intelligence when it...
The insurance sector continues to grow while simultaneously experiencing challenges aggravated by multiple factors, including the pandemic. These challenges...
Artificial Intelligence (AI) has evolved and has become one of the ways organizations use to streamline their operations. With AI, insurers can apply data...
The life insurance industry has long struggled with challenging fundamentals. Intense competition erodes value across the board, and only a few industry leaders...
For a long time, life-term underwriting has grappled with a dwindling baby boomer generation and growing millennial customer base. Amidst these circumstances,...
A primary concern among all insurers is how to adequately and accurately assess their clients’ various risk factors. In this pursuit, social media and insurance...
