Insurance
5 Ways Algorithmic Underwriting Can Improve Efficiency and Accuracy
The use of algorithmic underwriting is increasing across the insurance industry. With enhanced decision-making and improved risk assessments, an algorithmic approach to ...
How to Achieve a 12-15% Expense Ratio: Four Key Strategic Directions
Navigating the Competitive P&C Personal Lines Insurance Market The global P&C personal lines insurance market, which historically saw premium growth at 3%, ...
How to Build Real Customer Loyalty: Moving Beyond Premiums and Perks
Personal lines insurance is notably price-sensitive. As previously discussed, maintaining a 20+% expense ratio is unsustainable for insurers. Beyond pricing, what truly ...
AI and Automation: The New Frontier of Business Efficiency and Innovation
In recent years, the use of Artificial Intelligence (AI) and automation has skyrocketed, transforming industries, enhancing productivity, and reshaping the ...
What Happened in 2023: Major Events, Trends, and Key Takeaways
As we bid farewell to 2023, it’s time to reflect on the major events, trends, and stories that shaped the ...
