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The Race to Find the Next Insurance Credit Score (or How, Maybe, to Reinvent P/C Insurance Pricing) | Insurance Blog

The race is on to find the next insurance credit score—and the winners (if there are winners) will gain a pricing (and underwriting) edge.
There are only two requirements to enter in this race.

You have to forget about all the kinds of data and information that insurers have been using to price and underwrite risks.

You have to use your digital imagination to find some new data and models which provide the same or better lift as the old data and models which you have just thrown out the window. (Lift is the increase in the ability of a new pricing model to distinguish between good and bad risks when compared to an existing pricing model.)

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The Race to Find the Next Insurance Credit Score (or How, Maybe, to Reinvent P/C Insurance Pricing).