Legal & General has made a series of underwriting improvements in an attempt to simplify the application process. These ...
Over the last few years, the life insurance industry has undergone one of the biggest transformations in its long history. The introduction of accelerated underwriting has brought with it a world of ...
Our team collected more than 60,000 sample quotes from life insurance companies using unique user profiles to give readers an accurate view of pricing across competitors. We gather quotes for ages 18 ...
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What is mortgage underwriting?
Mortgage underwriting is the process a lender uses to determine whether to approve your mortgage application. During underwriting, a mortgage underwriter — who works for the lender — verifies and ...
Admiral is a rare example of an insurance company with a narrow economic moat. Its durable competitive advantage is built on its proprietary technology intangible assets. Admiral’s investments in ...
Like many legacy markets poised for change, the insurance industry has already seen its first wave of innovation. Similar in many ways to the initial novelty of opening a bank account online, ...
Underwriters often point out in conversations with the business that they typically use between seven and 15 different systems and data sources when assessing a single risk. According to Accenture, on ...
On July 11, 2024, the New York Department of Financial Services (“NYDFS”) released Insurance Circular Letter No. 7, which establishes guidelines on the use of artificial intelligence systems (“AIS”) ...
On July 11, 2024, the New York Department of Financial Services (“NYDFS”) issued Circular No. 7 Re: Use of Artificial Intelligence Systems and External Consumer Data and Information Sources in ...
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