Improving GLM models in insurance and banking

Generalised linear models (GLMs) remain a core tool in insurance and banking analytics, but building accurate, interpretable models is not always straightforward. One of the biggest challenges is handling hierarchical categorical data—common in insurance tables, such as Location. Using the wrong level of detail can lead to overfitting, multicollinearity, slow training, and unstable coefficients.

Improving GLM models in insurance and banking

October 20, 2025

Generalised linear models (GLMs) remain a core tool in insurance and banking analytics, but building accurate, interpretable models is not always straightforward. One of...

Zego, a leading insurtech company transforming motor insurance with flexible, data-driven policies, has renewed its partnership with Clearspeed, the global leader in voice-based risk assessment technology.

Zego and Clearspeed renew partnership to speed up motor claims

October 9, 2025

Zego, a leading insurtech company transforming motor insurance with flexible, data-driven policies, has renewed its partnership with Clearspeed, the global leader in voice-based risk...

Geico appoints Arianna Orpello as new CMO

October 9, 2025

Geico, one of the largest auto insurance providers in the United States, has appointed Arianna Orpello as its new chief marketing officer (CMO), effective...

Canada’s auto lending sector is facing a period of transformation. While dealer reserves continue to be a core part of the market, rising vehicle prices, higher interest rates and growing regulatory scrutiny are challenging traditional lending models. This shifting environment is pushing lenders, dealers and borrowers to rethink long-standing practices and explore more transparent and efficient ways to balance profit with credit access, according to Earnix.

Canadian auto lenders turn to AI amid affordability crunch

October 6, 2025

Canada’s auto lending sector is facing a period of transformation. While dealer reserves continue to be a core part of the market, rising vehicle...

Zurich Insurance Hong Kong has joined forces with YAS Insurance, an AI-driven InsurTech platform, to introduce a new insurance programme tailored for electric and hybrid taxi drivers in the region.

Zurich and YAS launch AI insurance for taxi drivers

September 30, 2025

Zurich Insurance Hong Kong has joined forces with YAS Insurance, an AI-driven InsurTech platform, to introduce a new insurance programme tailored for electric and...

Zego, the InsurTech leader known for digital-first insurance solutions, has launched a Rest feature designed to address the risk of driver fatigue.

Zego launches Rest feature to tackle driver fatigue

September 23, 2025

Zego, the InsurTech leader known for digital-first insurance solutions, has launched a Rest feature designed to address the risk of driver fatigue. The product aims...

Qover, a leading InsurTech company focused on building a global safety net through insurance, and Helvetia, a Swiss insurer with a strong international presence, have announced an expanded collaboration to strengthen their joint offerings across multiple product lines and markets.

Helvetia and Qover strengthen collaboration in Europe

September 19, 2025

Qover, a leading InsurTech company focused on building a global safety net through insurance, and Helvetia, a Swiss insurer with a strong international presence,...

Qover, a European InsurTech platform provider, and Helvetia, a Swiss insurance group with international operations, have expanded their collaboration to move beyond automotive insurance into multiple product lines and new markets.

Qover and Helvetia target embedded insurance growth

September 17, 2025

Qover, a European InsurTech platform provider, and Helvetia, a Swiss insurance group with international operations, have expanded their collaboration to move beyond automotive insurance...

Zego, the UK’s first InsurTech unicorn, has unveiled plans to change the way drivers think about car insurance by moving away from traditional “black box” models and introducing an app-based telematics system.

Zego aims to reshape car insurance with telematics app

September 17, 2025

Zego, the UK’s first InsurTech unicorn, has unveiled plans to change the way drivers think about car insurance by moving away from traditional “black...

Paris-based Seyna, a pioneering InsurTech company, has raised €10m in a funding round led by 115K, with participation from White Star Capital and Elaia, taking its total funding to €57m.

Parisian InsurTech Seyna bags €10m funding round

September 16, 2025

Paris-based Seyna, a pioneering InsurTech company, has raised €10m in a funding round led by 115K, with participation from White Star Capital and Elaia,...