The actuarial methodology powering insurance risk models is advancing faster than most carriers realize. Here is what is ...

Insurance premium modeling plays a crucial role in setting fair, accurate and competitive premiums in the industry. Actuarial teams, who specialize in risk management, use these models to predict the ...

A US-based data solutions provider has begun rolling out a unique artificial intelligence model built specifically for the insurance industry’s needs — a welcome solution for carriers struggling to ...

MSIG USA today announced it has been named a winner of the 2026 Model Insurer Award in the category of Data, Analytics, and AI by Celent, a global research and advisory firm for the financial services ...

Statistical modelling of insurance claims encompasses a suite of quantitative techniques designed to characterise, predict and manage the financial liabilities arising from insured peril events.

Data is the foundation of every industry today, powering strategic decision-making, operational efficiency and customer engagement. However, as businesses accumulate vast amounts of data, managing it ...