Tag: Underwriting

Specialty insurance classes pose some of the most intricate pricing challenges in the insurance industry. Their rapidly evolving dynamics, coupled with their long-term nature, demand prices capable of standing the test of time. Gathering sufficient data for these specialty lines often proves difficult due to the nascent stage of many of these books and the inherent complexities in data collection.

Understanding and effectively applying pricing decision intelligence is pivotal in improving profitability for insurers. Despite its significance, the industry grapples with successfully transforming their...

Sixfold, a groundbreaking InsurTech startup, is introducing the first generative artificial intelligence (AI) specifically designed to tackle the most complex challenges faced by the insurance industry.

Chelsea Avondale, a pioneering home insurance group renowned for its underwriting using scientific risk models, has secured series C funding from an ensemble of prominent investors.

Managing General Agents (MGAs) are becoming increasingly instrumental in the global insurance market by targeting niche or underserved sectors. With approximately 600 MGAs in...

Qatar-based insurance organisation QIC Global has partnered with hyperexponential, a SaaS pricing platform for insurers. Within the first 100 days of using the technology, QIC Global has experienced a four-times reduction in time to adjust models.

hyperexponential has released a new ebook on how its Renew solution helps underwriters modernise their operations.

Underwriting is one of the most important parts of insurance. Improving this process will help an insurer better evaluate risk and offer better prices. The key to this is correctly leveraging the magnitude of data that now exists.

RiskGenius, which us AI technology to automate the underwriting process, has closed a $1m investment from FM Global.