In the rapidly evolving world of insurance, the need for advanced tools to construct better pricing models is paramount. Hyperexponential introduces Custom User Interface Components (CUICs), the innovative tools that seamlessly blend into hx Renew, offering a transformative approach to pricing
The life insurance sector is facing a revolution, spearheaded by the strategic alliance between Appian and Swiss Re. This partnership signals a crucial step forward with the debut of the "Connected Underwriting Life Workbench," a joint initiative designed to refine underwriting processes
The insurance market in India is burgeoning, with digitization becoming a key factor in its remarkable growth. The momentum is especially strong in insurtech, where a staggering 34% compound annual growth rate marks significant technological strides. However, the gleaming horizon of digital
Telematics technology is quietly ushering in a new era for the auto insurance industry. On the one hand, it promises more equitable insurance rates by basing them on actual driving habits. On the other hand, the increased collection of driving behavior data triggers serious conversations about
In the intricate web of modern technology, the concept of "driver scores" is becoming as common as credit scores. However, instead of financial reliability, these scores look at the pivotal aspects of driving behavior — whether you tend to brake suddenly, speed, use your phone while d
The health insurance industry stands at the cusp of a revolution, with artificial intelligence (AI) paving the way for transformative change. As technology advances, the efficiency and precision with which insurance companies operate have witnessed unprecedented improvements. Particularly,
