Unlocking the Power of Intent Data in InsuranceMay 24, 2023Unlocking the Power of Intent Data in Insurance In today’s hyper-connected digital world, business success…
Premium Leakage in Auto Insurance: Causes, Effects, and SolutionsApril 24, 2023Premium leakage is a major issue in the insurance industry, causing billions of dollars in…
The Dark Side of Digital Insurance ApplicationsMarch 27, 2023As insurance carriers continue rolling out digital applications, it is now evident that they come…
Top 3 AI Insurance Fraud SolutionsMarch 14, 2023Insurance Fraud Detection Software | Top 3 AI Insurance Fraud Solutions Innovative insurance fraud solutions…
First-Party Intent Data is the New Gold Rush for Insurance CarriersMarch 7, 2023Never before in history has customer’s digital data been so accessible. Where we go on…
Auto Insurers…it’s shopping season.February 14, 2023After a few tough years, 2023 looks like it will be a better year for…
Data Privacy Changes & the Impact on 3rd Party DataJanuary 17, 2023What’s new with data privacy? Globally, we are experiencing a frenzy of data privacy changes.…
2023: The Year of “Real-Time Intent Data”January 4, 20232023: The Year of Real-time Intent Data in Insurance Having closed out a very successful…
Current State of InsurTech IndustryDecember 20, 2022Safe to say, it’s been a rocky year for the InsurTech industry. According to CB…
Why Are Auto Insurance Costs Rising?December 6, 2022If you’ve recently shopped for or renewed your car insurance, you probably noticed a price…
The Hidden Cost of “Soft-Fraud”November 22, 2022When was the last time you told a white lie? To a spouse, to a…
Impact of Climate Change on Property InsuranceNovember 14, 2022The impact of climate change on property insurance is incredibly costly. Natural disasters are affecting…
Predictive Analytics in Insurance – Top 6 Use Cases for 2023October 1, 2022As the use cases for data science and predictive analytics in insurance grow, let’s highlight…
Did Lemonade Kill the Loss Ratio? Not so fast…September 18, 2022Lemonade’s Loss Ratio: Why Insurance Carriers Should, and Shouldn’t, Be Worried… Over the past few…
Top 5 InsurTech Companies Disrupting the Insurance IndustryAugust 11, 2022The Insurance Landscape is Changing You can’t mention the top InsurTech companies without mentioning Lemonade.…
Behavioral Economics & Insurance Underwriting are Better TogetherJuly 11, 2022Behavioral economics in insurance underwriting is becoming more prevalent, especially with the rapid adoption of…
Lead Prioritization Models for InsuranceJune 11, 2022Many carriers still rely on “first-in-first-out” lead prioritization models or methods, but is this the…
How to (Easily) Detect Insurance Claims Fraud with Intent DataMay 16, 2022As carriers automate processing, detecting insurance claims fraud with intent data is more pressing than…
ForMotiv Welcomes Sean Parenti as the New Chief Data Officer!May 3, 2022ForMotiv, the leading Behavioral Data Science platform, is proud to announce the arrival of our…
How Do Insurers Predict Risks?May 1, 2022Finding new tools to automate risk analytics and assessment are a hot topic in the…
5 Predictive Analytics Techniques that Eliminate Human ErrorApril 26, 2022What are the best predictive analytics techniques being used today? Let’s explore…Not long ago, underwriters…
Detecting Insurance Application Fraud in the Digital WorldApril 25, 2022Detecting insurance application fraud in a digital-first environment is a challenge. Applicants lie about smoking,…
Are Your Methods of Collecting Behavioral Data Outdated?April 7, 2022There are a handful of methods of collecting behavioral data. We’re going to discuss if…
Insurance Risk Analytics | What’s in store for 2023?March 30, 2022The insurance industry has been utilizing risk analytics for decades to better understand and mitigate…
Yes, Insurers Need B2B Intent Data, and Here’s Why…March 22, 2022Why do insurers need B2B intent data? For starters, it’s a great time to be…
Zero to One: Insurance Clickstream Data EditionMarch 15, 2022As users engage with your online forms and applications they leave behind behavioral breadcrumbs. But…
What is Predictive Analytics and What Does it Mean for Insurers?March 8, 2022If you’ve found yourself here, you’ve likely asked, what is predictive analytics? In its simplest…
Top Behavioral Solutions to Predict Insurance Fraud in 2022March 1, 2022Insurance fraud costs companies billions of dollars every year. In fact, the Coalition Against Insurance…
What Comes Next? Improving Customer Experience in InsuranceFebruary 22, 2022When thinking about improving the customer experience in insurance – where should one even start?…
Top 5 Intent Data Providers and Who They ServeFebruary 15, 2022While intent data can be worth its weight in digital gold, intent data providers are…
What is Intent Data?February 8, 2022What is intent data? And what does it mean for the insurance industry? These are…
AI and Underwriting: Yes, They Are Better TogetherFebruary 1, 2022Online applications, consumer-completed applications, accelerated underwriting, algorithmic underwriting — it doesn’t matter what you call…
Sealing Off the Cause of Claims Leakage in InsuranceJanuary 29, 2022If preventable mistakes cost an industry millions of dollars, we’d do something about it, right?…
How To Catch Insurance Agent Fraud & Prevent GamingJanuary 24, 2022How To Catch Auto Insurance Agent Fraud & Prevent Gaming Insurance agent fraud is nothing…
Why is capturing digital body language so important for insurers?January 19, 2022Digital body language is online user behavior that can predict intent, indicate fraudulent behavior, and…
Life Insurance Fraud Detection from Online ApplicantsJanuary 13, 2022Insurance fraud is nothing new. In fact, examples of insurance fraud can be traced all…
ForMotiv welcomes Meg Ledonne as new VP of Product!January 11, 2022ForMotiv, the first Behavioral Science Platform available for financial service companies, is proud to announce…
Data Science in the Digital Insurance WorldJanuary 5, 2022Data science in insurance has come a long way from the days of punch cards…
Is Fluidless Underwriting Here to Stay?December 21, 2021Life Insurance Underwriting isn’t Changing, it’s Changed. 5 years ago I purchased a life insurance…
ForMotiv Raises $6M Seed+ Round on the Heels of 500 Percent Growth in 2021September 28, 2021ForMotiv’s Behavioral Intelligence Platform is Trusted by Fortune 500s to Analyze Digital Behavior, Improve Customer…
Major Themes from Reuter’s Events: “Insurance AI & Innovative Tech”September 23, 2021Last week we attended Reuter’s Events: “Insurance AI & Innovative Tech” which included hundreds of…
Predictive Analytics in Life InsuranceJune 2, 2021Predictive Analytics in Life Insurance Predictive analytics in Life insurance isn’t exactly a new concept.…
Credit Scores May Lose Some Power After COVIDMay 27, 2021Bloomberg came out with an interesting article last week discussing the impact of COVID on…
ForMotiv Expands Senior Leadership Team with New Chief Technology OfficerMay 11, 2021Welcome, Bill! ForMotiv, a leading Behavioral Intelligence solution, is proud to announce the arrival of…
Solving the Risk vs. Customer Experience ChallengeApril 6, 2021Risk vs Customer Experience, a battle as old as time… Army vs. Navy…Greece vs. Troy…Risk…
Behavioral Analytics to Predict New Account Opening FraudApril 1, 2021How is Behavioral Analytics Used to Predict New Account Opening Fraud? New account opening fraud…
Smoker’s Amnesia? There’s a solution for tobacco usage nondisclosureFebruary 17, 2021Stop letting tobacco usage burn your bottom line Tobacco usage nondisclosure is consistently one of…
How “Intent Data” and MotivScript are Changing the Game for Behavioral AnalyticsFebruary 10, 2021Cutting-Edge Datasets for Financial Service Digital Transformations I hate to be the one to break…
Behavioral Intelligence Company ForMotiv Raises $1mm as Application Volume Explodes to over 100mJanuary 7, 2021ForMotiv, a leading Behavioral Intelligence solution that helps insurance carriers and other financial service providers…
Behavioral Intelligence, Meet SlackDecember 9, 2020Salesforce is in the news again! As digital transformation spend continues to heat up and…
Press Release: ForMotiv and Unqork Announce Strategic PartnershipOctober 6, 2020ForMotiv and Unqork Announce Strategic Partnership to Deliver Digital Behavioral Intelligence Technology to No-Code Customers…
P&C Insurance Carrier Agent Monitoring Case StudyOctober 6, 2020ForMotiv Case Study: Property and Casualty Insurer Monitors Agent Behavior with Behavioral Intelligence ForMotiv engaged…
Why Classic ML vs Deep Learning is a Trump vs Pelosi ArgumentSeptember 18, 2020Why Classic Machine Learning vs. Deep Learning is a Trumpian vs. Pelosian Argument Politics is…
APIs are the new GUIs and why that should matter to you…September 14, 2020APIs are the new GUIs and why that should matter to you… Felt compelled to…
Moving from Descriptive to Prescriptive AnalyticsAugust 25, 2020Prescriptive Analytics in Insurance A simple Google search on the different phases of Analytics returns…
Eliminate Application “Speed Bumps” with Behavioral Intelligence. Here’s how…August 19, 2020Understanding User Behavior is Crucial to Improve User Experiences “Solve a problem for yourself and…
Insurer Uses Behavioral Intelligence to Improve Risk Prediction 10%August 11, 2020ForMotiv Insurance Case Study: Insurer Uses Behavioral Intelligence to Improve Risk Prediction 10% ForMotiv engaged…
2020 First Half HighlightsJuly 27, 2020Some thoughts… Like everyone else, COVID threw us a nasty curveball. We were suddenly forced…
FinTech Company Case Study: Reducing Malicious Charge-offsJuly 24, 2020FinTech Behavioral Analytics Use Case Success: Predicting Fraud and Reducing Charge-offs ForMotiv engaged with fraud…
Behavioral Analytics | The Digital Transformation’s Impact on Banking and InsuranceJune 1, 2020Behavioral Analytics and the Digital Transformation’s Impact on Banking and Insurance In the past 15…
How did Moneyball impact insurance analytics?May 22, 2020The digital transformation has unlocked an unimaginable amount of data and with that – population…
Automated Underwriting System in InsuranceApril 28, 2020Automated Underwriting: What Yogi Berra and antidepressants can teach you about automated insurance underwriting… Yogi…
Behavior Analytics Software | The Ultimate Guide to Behavior-as-a-ServiceApril 16, 2020User Behavior Analytics Software| The Ultimate Guide to Behavior-as-a-Service In this article, we’re going to…
Algorithmic underwriting is the future, here’s how to stay protected…April 10, 2020Algorithmic or Accelerated Underwriting is the Future Algorithmic underwriting, accelerated underwriting, automated underwriting, doesn’t matter…
How has COVID-19 impacted fraud rates?April 7, 2020How has COVID-19 impacted fraud rates? We’ve witnessed a 10+ year bull market deteriorate in…
The Impact of Behavioral Analytics on the Banking IndustryMarch 26, 2020Behavioral Analytics and the Banking Industry The advances in artificial intelligence and machine learning has…
Customer Journey Analytics – An AI Approach using Dynamic Time WarpingMarch 25, 2020An Introduction to Analyzing Customer Behavior using AI and Dynamic Time Warping Online fraud is…
ForMotiv Forum: Interview with Ask Kodiak Co-Founder Allan EgbertMarch 9, 2020It feels like just yesterday I was arriving to Agencyport headquarters in Boston’s Seaport District…
Quiz: Can You Spot The Fraudster?January 24, 2020Quiz: Can you spot the fraudster? Let’s play a game…the rules are very simple. Below…
ForMotiv Forum, Episode 2: Q&A with Bob Frady, CEO & Founder of Hazard HubJanuary 3, 2020Raise your hand if you’ve heard something like this… “Artificial intelligence is the key driver…
ForMotiv Forum: Interview with Breathe Life CEO & Co-Founder Ian JeffreyDecember 17, 2019In our last few articles, we have discussed what led to the rapid onslaught of…
To Build or to Buy, that is the question.December 5, 2019To build or to buy, that is the question. As we discussed in our insurance…
Insurance Analytics Use Cases | The Rise of InsurTechsNovember 18, 2019Insurance vs. InsurTech…How did we get here and where are we going? As the proliferation…
ForMotiv Voted Best Tech Startup at Tech in Motion’s 2019 Timmy AwardsOctober 24, 2019ForMotiv Voted Best Tech Startup at Tech in Motion’s 2019 Timmy Awards Announced Live: Best…
Employee Fraud and Risk PreventionAugust 21, 2019Risk comes from all sides, even the inside. Assessing risk is the most important decision…
Behavioral Intelligence to Improve Employee ExperiencesAugust 19, 2019Agents are customers, too. Digital Behavioral Intelligence (DBI) for Agents and Employee Experiences Understanding the…
Banking and Insurance Compliance, meet Behavioral IntelligenceAugust 15, 2019Why Behavioral Intelligence is Crucial for Banking and Insurance Compliance GDPR, Equifax, CapitalOne – turn…
What is Digital Behavioral Intelligence?June 24, 2019“Face-to-Face” is now “Faceless”… So, what is Behavioral Intelligence? The explanation is simpler than you…
Minority Report, Black Mirror, and Digital Behavioral Intelligence June 24, 2019Why Understanding Digital Body Language is Imperative in Business Today If you were walking through…
4 Reasons Charles Darwin Thinks A/B Testing SucksMay 16, 2019Charles Darwin, UX Design and 4 reasons why A/B testing sucks People say that what’s…