InsurTech
Adverse Risk Selection May Affect Insurers That Do Not Innovate
A significant majority of insurers understand that innovation is increasingly becoming a differentiator in the global marketplace, according to an A.M. Best survey of its rated entities. Read More
AI and Captive Insurance: What Does the Future Hold?
Artificial intelligence (AI) and captives-what does the future hold? A look at current trends in the use of AI by financial services and specifically the insurance industry. We explore how these trends may affect different segments of the captive industry. Read More
Innovation and Productivity in Captive Insurers
Are captive insurers participating in the innovation and productivity changes reshaping the insurance industry? We discuss some recent trends and look at three key technologies impacting the insurance industry. Read More
Parallel Cloud Computing: Making Massive Actuarial Risk Analysis Possible
Machine learning is spreading quickly across many industries, including the insurance sector with applications in actuarial analysis, and is showing promising results for making better predictions and automating manual tasks. Advances in cloud computing provide the ability to speed up the time it takes to do so. Read More
Parametric Coverage: A New Spin on an Old Product
Parametric coverage is not an indemnification product. Instead, with parametric coverage, a benefit payable is determined in advance of the policy purchase by estimating the loss as accurately as possible, subject to certain conditions being satisfied. The policy cost is based on a predetermined trigger. Read More