A US-based data solutions provider has begun rolling out a unique artificial intelligence model built specifically for the insurance industry’s needs — a welcome solution for carriers struggling to ...

Insurance premium modeling plays a crucial role in setting fair, accurate and competitive premiums in the industry. Actuarial teams, who specialize in risk management, use these models to predict the ...

ARLINGTON, Va., Dec. 13-- The Casualty Actuarial Society issued the following news release: Most actuaries know that predictive modeling -- the harnessing of enormous data sets to do everything from ...

California's Insurance Commissioner Ricardo Lara has announced a new "Sustainable Insurance Strategy" that will allow insurance companies to use catastrophe modeling to determine wildfire risk and set ...

Data is the foundation of every industry today, powering strategic decision-making, operational efficiency and customer engagement. However, as businesses accumulate vast amounts of data, managing it ...

Explore how accelerated underwriting and AI-driven automation transform life insurance policy issuance, as led by industry ...