Tag: insurance pricing

Actuaries and music: a mathematical connection

Actuaries and musicians may work in very different fields, but both rely on patterns, interpretation and judgement. At Akur8, several actuaries say their experience with...

Why insurers can build models faster than they can use them

AI is accelerating insurance pricing, but insurers still face a slower challenge: turning model outputs into decisions that can actually reach the market. An insurance...

Why insurers’ rating engines now answer to marketing

The rating engine, long the preserve of actuaries, is becoming a strategic tool for a much wider group of insurance teams. Marketing, innovation and...

Why insurers can’t turn AI insights into action

Insurance companies are investing heavily in artificial intelligence to improve risk assessment, pricing, underwriting, claims and customer engagement. Yet having increasingly sophisticated models does...

AI and global shocks put pressure on insurance pricing

Global economic and geopolitical shifts are forcing insurers to rethink how they assess and price risk, with commercial lines facing particular pressure as new...

Has the hard market ended for commercial insurers?

The prolonged hard market in North American commercial insurance has come to an end, forcing property and casualty (P&C) insurers to rethink how they...

The hybrid actuarial role reshaping insurance pricing

Insurers face a growing dilemma: machine learning promises sharper pricing, yet models must remain explainable, compliant and commercially viable. According to Akur8, the answer...

Over 80% of MGAs modernising pricing, Optalitix finds

Optalitix, an underwriting and pricing InsurTech, has released independent research showing that MGAs need to overhaul their pricing and underwriting operations to stay profitable...

Optalitix bets on agentic AI to reshape insurer pricing

Optalitix, a London-based InsurTech specialising in pricing and underwriting software, has upgraded its Optalitix Quote platform with agentic AI capabilities designed to help insurers,...

Earnix bridges the gap between ML accuracy and regulation

The most predictive model an insurer builds is often the one it can never put into production, according to InsurTech pricing specialist Earnix. Machine learning...

120,000+ FinTech leaders get exclusive industry stories delivered every week