Life insurance companies use a process called underwriting to evaluate your risk factors, decide whether to approve your application and determine your premium. Traditional underwriting, which usually ...

Life insurance underwriting has long been evolving to improve insurer efficiency and the customer journey. As life insurers and reinsurers continued to wrestle with this, the COVID-19 pandemic came ...

On September 27, 2023, the Colorado Division of Insurance (the “Division”) exposed a new proposed regulation entitled “Concerning Quantitative Testing of External Consumer Data and Information Sources ...

When applying for life insurance, the underwriting process is a critical step to determine the policyholder's risk and premium. At CG Insurance, we pride ourselves on a customer-centric approach that ...

Mass volumes of data have become available since the ELD mandate started in 2017. All-at-once or gradual? Companies' approach to AI adoption and integration depends on their needs. Some businesses use ...