Underwriting Analytics: Time for Action
October 19, 2015 by Madison Jacobs
Even as the U.S. economy improves, insurers continue to face a host of challenges, including long-term low-level interest rates, which dampen earnings and the commodification of insurance products, increasingly sold online at a discount — all of which erode profit.
In the face of these challenges, insurers as diverse as AIG, Swiss Re, Progressive, Falls Lake and others are looking to leverage the power of analytics and big-data sources to be more selective about the risks they assume...
Read more on Insurancenetworking.com.