Life insurance actuarial data needs scrubbing to apply AI
Insurers lack adequate and accurate data, even finding incorrect death certificates, making it more difficult to assess underwriting risk correctly.
Insurers lack adequate and accurate data, even finding incorrect death certificates, making it more difficult to assess underwriting risk correctly.
According to Capgemini’s World Life Insurance Report 2026, 76% of customers expect advanced cloud and data capabilities but only 16% of insurers are capable of delivering.
Many businesses are overlooking the full extent of their climate risk, even after they’ve experienced the impacts of more extreme weather first-hand.
A look at insurer innovations and strategies affecting auto coverage, affordable insurance options and renewable energy programs.
Forty-three percent of homeowners insurance customers who experienced a premium increase and say they are unlikely to renew cited the rising rates as the main reason.
Consumers are so concerned about rising costs that they often forego coverage altogether, according to two separate studies from Valuepenguin and Realtor.com.
Sandy Ball, chief people officer at Aspida, spoke with Digital Insurance about hiring and retention.
Upstage, founded in 2020, recently completed a funding round with backing from Amazon, validating its customizable solution for extracting information from documents.
There were about 50 funding events in the insurtech sector in August 2025, according to a review by Digital Insurance.
Premiums for property insurance have risen over 69% since 2019, far outpacing other components of the monthly mortgage payment, ICE Mortgage Technology found.