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Technology That Creates Flood of Data Can Also Help Actuaries Make Better Decisions
than just premium discounts. The J.D. Power 2020 U.S. Auto Insurance Study found 39 percent of auto insurance ... insurers closely align premiums with each customer’s driving behavior and actual miles driven. For example ...- Authors: Dennis Winkler
- Date: Aug 2021
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: News Direct
- Topics: Predictive Analytics; Technology & Applications>Analytics and informatics; Technology & Applications>Artificial intelligence & machine learning; Technology & Applications>Automation; Technology & Applications>Telematics
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Consumers Drive Change
1990s), which is now the largest generation in the U.S. According to the 2018 LIMRA Insurance Barometer ... ReMark shows that 40 percent of respondents in the U.S. currently own a wearable device that gives information ...- Authors: Richard De Sousa
- Date: May 2019
- Competency: Strategic Insight and Integration
- Publication Name: News Direct
- Topics: Life Insurance>Product development - Life Insurance; Life Insurance>Marketing and distribution - Life Insurance; Technology & Applications>Analytics and informatics; Technology & Applications>E-commerce; Technology & Applications>Software; Technology & Applications>Artificial intelligence & machine learning