AI and process automation in claims can administer appropriate responses to resolve both high and low-level claims
As EVs continue to be an increasingly common sight on UK roads, data will be crucial in understanding this evolving motor risk landscape.
While the UK faces exceptionally high temperatures, prolonged periods of hot and dry weather could increase the risk of subsidence.
Unusual storms serve as a reminder that claims history alone won't always provide a complete view of exposure.
Knowing how much contents cover is appropriate in a home policy is a challenging endeavour for both insurers and their customers.
Automated underwriting in China is expected to grow substantially following the announcement of new regulations in 2022.
Global supply chain crunch and labour challenges create perfect storm of disruption
Risk pricing is challenging when you do not have historical data as claims are random events with uncertain frequency and severity.
Motor insurers may struggle to process the data around existing ADAS features in a vehicle and turn it into useful underwriting information.
The upcoming reforms have caused many insurers to re-evaluate their approaches to pricing home and motor policies.
Learn about cross-class clash, it's potential impact to your organization and how Verisk solutions can help you address it.
Reliable data is an indispensable resource for actuaries, whether they are novices or seasoned practitioners.