Drawing the link between #datascience and #decisionmaking offers insurers an opportunity to refine company strategy and better align it with long-term goals.

In #lifeinsurance, there will always be a necessary space for person-to-person interaction, particularly in more sensitive areas like claims. But outside of that, can #AI improve the experience for customers and insurers? https://t.co/awkyV8hhIx

Engaging through #wellnessprograms is one of the more proactive ways life insurers can deliver value to customers in a post-COVID reality - so long as they're implemented holistically.

According to @KPMG, #financialservices is adopting #AI at a faster rate than any other industry - an increase of over 37% per year. How can insurers play their part to ensure they're doing so responsibly?

New technologies, largely spearheaded by #insurtech, are leading to what Deloitte calls 'hyper-personalization' in the #lifeinsurance sector.

In the race for #telehealth marketshare, insurtechs' focus on #customerexperience and tech-oriented solutions may give them an edge against more established providers.

As life and health insurers expand their use of #AItechnologies, it's vital they do so in a way that's both responsible and has a positive impact on the end consumer. #DecisionScience provides an opportunity for this to happen.

Global insurance and #insurtech companies raised over $1.8 billion through eight IPOs in Q1 2021 - the highest recorded since Q1 2016. The largest was @OscarHealth's $1.42 billion #IPO, which debuted in March.

As risk becomes more dynamic, weaknesses in traditional insurance underwriting and operating models become even more apparent. Can dynamic insurance, spearheaded by new insurtechs, and innovative approaches to data right the balance? https://t.co/afN8XVBMj5

Chief Data Officers play an important role for life and health insurers creating secure, sustainable, and insightful #data practices that inform decision making. Who are some innovative people you know in this role? How do they add value? #cdo

The issue of #fairness and ethicality in #AI and #machinelearning technologies is a complex conversation. It's also a vital one to have as many #insurers begin to embrace these technologies.

As some insurtechs begin to drop off as competition gets fiercer, VCs are eyeing those left standing - and pouring even more money into their growth. #insurtech #VC

Thrilled to be collaborating with Vince Bodnar and @OliverWyman to help #LTC insurers tackle their challenges with #decisionscience and industry expertise. #longtermcare

AI technologies have tremendous potential across the #insurance value chain, whether that's claims, distribution, underwriting, pricing, marketing, and more. #ai

COVID-19 set the #insurance industry back in many ways - but in some it gave it a shove forwards. Despite financial setbacks, insurers across numerous global markets are committing to expanding their #techbudget between 2021 and 2024.

French #insurtech @ZelrosAI recently raised $11 million in a #SeriesA funding round to expand its AI-powered #insurance distribution software to North America.

Leading enterprise no-code platform @unqork recently announced a new solution for #lifeinsurance and annuity products called Life Origination, which enables accelerated and automated underwriting in a #nocode environment.

Insurtech @LeaseLock recently closed its Series B #funding round of $52million, which will allow it to expand its lease #insurance product into the first #AIpowered financial technology platform for enterprise #realestate.

As many insurers struggle to adopt a #digitalfirst mindset, #nocode technologies offer an opportunity to address this and break down silos across organizations.

The @naic recently shared its #2021 priorities, including #COVID19, safe use cases for AI and #bigdata, #climate resiliency efforts, addressing #LTCI concerns, and protecting #consumerprivacy.