P&C Insurers, MGAs and InsurTechs are facing an increasingly complex and competitive business environment, where regulatory scrutiny and market pressure continue to build, calling for new approaches to underwriting and especially pricing. In this session, Akur8 and Milliman will explore how to use technology-enabled tools and data to swiftly bring insurance pricing front and center of strategic decisions, with maximum upside. This session will offer actionable insights from real case studies of insurance players that have made pricing a strategic pillar with tangible business impact that has propelled them into a new era.
Traditional insurers have been slow to develop and adopt new models into insurance, creating an InsureTech boom. This panel will talk about how models are being used to transform the insurance distribution process, including using models and data to automate underwriting and rating. It will share case studies including how to meet the growing insurance regulatory requirements regarding use of AI and models.