Core Insurance, Risk Management

Reducing insurance waste & abuse

November 30, 2022

Reducing insurance waste & abuse
In June 2022, nearly two dozen people were charged with defrauding various life insurance carriers – to the tune of more than $25 million. Those involved conspired to apply for numerous bogus life insurance policies, then collect on them by intentionally deceiving carriers with the assumed identities of deceased individuals.

Spotlight

Arch Mortgage Insurance Company (Arch MI)

Arch MI leads the industry with innovation, bringing mortgage lenders unique solutions that leverage the latest technology and are backed by our financial strength and risk management expertise. Explore new, profitable opportunities when you partner with us. Take advantage of our advanced tools, products and services to stand out in the marketplace: - RateStar is the leading risk-based MI pricing solution, ensuring you receive our most competitive rates for your borrower’s loan.

OTHER WHITEPAPERS
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Three paths for core system modernisation

whitePaper | October 19, 2022

The insurance landscape continues to evolve & market leaders understand the need to accelerate transformation to facilitate growth. Insurers still face a myriad of challenges, one of the most common is the impact of managing legacy technology.

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Decoding Insurance Distribution with Embedded Insurance

whitePaper | August 12, 2022

In 2021, massive vaccine deployments and the lifting of pandemic-related limitations were the key catalysts in helping individuals and companies regain trust in the insurance industry while also boosting economic growth. However, the COVID-19 concerns, paired with cyber and climate shifts, and disruptive market dynamics, continue to remain uncertain. Despite the increase in regulations, rising inflation, decreasing interest rates, and changing consumer preferences, insurers anticipate a gamechanging scenario in the insurance industry in the year 2022.

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Improving Insurer Combined Loss Ratios with Next-Gen Technology & Payment Optimization

whitePaper | July 12, 2022

The insurance industry is feeling the impact of high inflation. Supply shortages and higher material prices have been raising insurer repair and replacement costs and increasing the severity of losses on auto and homeowner insurance claims. Interchange fee increases, rising labor costs, and fuel price hikes are only adding to carriers’ financial pressures.

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How Bond Insurance Delivers Value for Investors: In The Pandemic And Beyond

whitePaper | July 31, 2022

The Covid-19 pandemic spurred new demand for insured municipal bonds, and the strong interest appears poised to continue as investors team with states and local governments to help execute the largest wave of U.S. infrastructure investment in a generation. Amidst the uncertainty surrounding municipal fiscal stability and an increase in taxable debt issuance immediately following the outbreak, wrapped bonds offered investors stable ratings, increased liquidity and less volatility. Since then, the market has faced more prolonged volatility brought on by questions about the outlook for inflation, economic growth, and other factors like climate change. Insurance remains a valuable tool for investors and issuers to maintain reliable, affordable capital markets access and peace of mind.

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How can data enrich the property claims journey from FNOL to payments?

whitePaper | December 13, 2022

A recent roundtable hosted by Insurance Post in association with LexisNexis Risk Solutions saw an expert panel discuss how data enrichment can be used from a post-loss perspective and what this change could mean for the future of property claims. This article provides a summary of the discussion.

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Key Features of the The Life Insurance Policy within the Prudential ISA

whitePaper | June 14, 2022

If you invest in a PruFund Fund in the Prudential ISA through the Life Insurance Policy, the assets will be held in trust on your behalf by Link Financial Investments (Nominees) Limited in its capacity as the ISA Plan Manager’s nominee. You don’t hold any direct rights under the Life Insurance Policy.

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Spotlight

Arch Mortgage Insurance Company (Arch MI)

Arch MI leads the industry with innovation, bringing mortgage lenders unique solutions that leverage the latest technology and are backed by our financial strength and risk management expertise. Explore new, profitable opportunities when you partner with us. Take advantage of our advanced tools, products and services to stand out in the marketplace: - RateStar is the leading risk-based MI pricing solution, ensuring you receive our most competitive rates for your borrower’s loan.

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