Why is capturing digital body language so important for insurers?
Digital Body Language – Everything You Need To Know Digital body language is online user behavior that can predict intent, indicate fraudulent behavior, and reveal nuances that are shaping customer experiences. More and more insurance leaders are prioritizing access to digital body language. Are you? In this article, we uncover why digital body language is […]
Life Insurance Fraud Detection from Online Applicants
Life Insurance Fraud Detection from Online Applicants Insurance fraud is nothing new. In fact, examples of insurance fraud can be traced all the way back to 1862 in what’s now called “The Phantom Ship” scheme. Life insurance fraud is no exception and as companies continue their digital transformations and move their applications/experiences online, the problem […]
Data Science in the Digital Insurance World
Data Science in Insurance Data science in insurance has come a long way from the days of punch cards and floppy disks to the modern data collection capabilities of analyzing thousands of gigabytes per second. Paired with the right software, insurers can use advanced data science to score risk in real-time, increase profit, and improve […]
Is Fluidless Underwriting Here to Stay?
Fluidless Underwriting in Insurance Life Insurance Underwriting isn’t Changing, it’s Changed. 5 years ago I purchased a life insurance policy. Last week, my friend bought a life insurance policy. My experience took over 30 days. His took under 30 minutes. Here was my experience: Financial advisor convinced me to buy Phone call with his admin […]
ForMotiv Raises $6M Seed+ Round on the Heels of 500 Percent Growth in 2021
ForMotiv’s Behavioral Intelligence Platform is Trusted by Fortune 500s to Analyze Digital Behavior, Improve Customer Experience, and Ultimately Reduce Risk and Fraud PHILADELPHIA – September 28, 2021 – ForMotiv, the leader in digital behavioral data capture and predictive analytics solutions used by Fortune 500 insurance carriers and financial institutions carriers globally, today announced its $6M […]
Major Themes from Reuter’s Events: “Insurance AI & Innovative Tech”
Last week we attended Reuter’s Events: “Insurance AI & Innovative Tech” which included hundreds of experienced insurance executives in addition to thousands of other insurance professionals. The event was jam-packed with informative keynotes, live Q&As, and fireside chats that spanned over 3 days. Knowing not everyone who wanted to attend could, we figured we’d give […]