How did Moneyball impact insurance analytics?
The digital transformation has unlocked an unimaginable amount of data and with that – population “averages” that have been used to price policies for years are quickly becoming obsolete. Let’s use a baseball analogy, if you were making a trade but the only information you had from the other team was that the entire roster […]
Automated Underwriting System in Insurance
Automated Underwriting: What Yogi Berra and antidepressants can teach you about automated insurance underwriting Yogi Berra once famously said, “Baseball is 90% mental. The other half is physical.” There’s no question the math used in professional sports these days is different than it used to be. Rewind 20 years ago and you had baseball scouts […]
Behavior Analytics Software | The Ultimate Guide to Behavior-as-a-Service
User Behavior Analytics Software| The Ultimate Guide to Behavior-as-a-Service In this article, we’re going to cover a number of topics ranging from the evolution of user behavior analytics software and the rise of behavior-as-a-service to the future of Behavioral Intelligence and BaaS. Table of Content: Without SaaS, there would be no BaaS… User Analytics 2.0: […]
Algorithmic underwriting is the future, here’s how to stay protected…
Algorithmic or Accelerated Underwriting is the Future Algorithmic underwriting, accelerated underwriting, automated underwriting, doesn’t matter what you call it, simple fact is with the rise of the internet, improved data sources, and big data, the insurance space is moving towards the credit card model with instant decisioning. While we’ve seen it for years in the […]
How has COVID-19 impacted fraud rates?
How has COVID-19 impacted fraud rates? We’ve witnessed a 10+ year bull market deteriorate in a matter of weeks as a result of COVID-19. Short of the sun not rising and the world not spinning on its axis, it has felt pretty close to the end of time. Now despite unemployment skyrocketing to historic highs […]
ForMotiv Forum: Interview with Ask Kodiak Co-Founder Allan Egbert
It feels like just yesterday I was arriving to Agencyport headquarters in Boston’s Seaport District for my first ever summer internship. Who would have thought that nearly ten years later I would bump into my then bosses Allan Egbert and Michael Albert at the Dig.In conference in Austin. As it turned out, Allan and Michael […]