Tag: insurance pricing

US insurance carriers are preparing for a major change to Commercial General Liability (GL) rating, with the 2026 ISO overhaul set to affect classification,...

Insurance companies are under pressure to make decisions more quickly as risk, customer behaviour and market conditions change. But according to Earnix, reducing the...

Actuaries and musicians may work in very different fields, but both rely on patterns, interpretation and judgement. At Akur8, several actuaries say their experience with...

AI is making insurance pricing models faster to build, but the time between validating a model and applying its output to customers can still...

Pricing technology is moving beyond its traditional home in actuarial and underwriting teams. Rating engines are increasingly being used by marketing, innovation and product...

RateZip, an independent US consumer rates platform that compares savings, deposit, mortgage and lending rates, has launched a live rates service inside ChatGPT, giving...

Insurers are investing heavily in artificial intelligence across pricing, underwriting, claims, risk assessment and customer engagement. Yet as AI models become more sophisticated, the...

French insurers are facing growing pressure to modernise how they make decisions as emerging risks become harder to assess and customer expectations continue to...

The prolonged hard market in North American commercial insurance has begun to ease, creating a new challenge for property and casualty (P&C) insurers as...

Insurers face a growing dilemma: machine learning promises sharper pricing, yet models must remain explainable, compliant and commercially viable. According to Akur8, the answer...