SAS' new approach to MRM streamlines your compliance and review process by delivering real-time model reporting and statistical outputs.
SAS' new approach to MRM streamlines your compliance and review process by delivering real-time model reporting and statistical outputs.
Learn how parametric insurance works and why synthetic data could make models more accurate.
With strong governance, data quality and thoughtful integration, agentic AI can transform insurance underwriting.
SAS is transforming the motor insurance claims process by integrating of tools - blending data management, ML, and UX into 1 complete system.
Health care fraud, waste, and abuse (FWA) cost the industry billions each year—but what if we could outsmart it? Enter SAS Payment Integrity for Health Care: Detect and Prevent, a groundbreaking solution that is redefining how we can tackle FWA. As the first to offer models-as-a-service in a Commercial Off-The-Shelf
Agentic AI in insurance has potential to transform insurance. Read four use cases.
AI is revolutionizing insurance by tackling talent gaps, boosting efficiency and driving innovation.
Learn how SAS and cloud computing can help insurers realize operational and business benefits.
Going forward, insurance will be based on data and AI – with a predict-and-prevent approach.
International Women’s Day is an opportune moment to celebrate the achievements of women, specifically those combating climate change with technology. Among the inspiring stories is the women-led team of data scientists known as the StaSASticians, winners of the insurance track of the 2023 SAS Hackathon. No beginner’s luck, just accessible
SAS, 권위 있는 Chartis RiskTech 100®에서 2위 기록 새롭게 선보인 ‘행동 모델링’ 및 ‘금융기관을 위한 인공지능’ 포함 7개 부문 수상 AI 및 분석 부문 선두기업 SAS가 리스크 기술 공급업체 상위 100대 기업을 평가하여 순위를 발표하는 Chartis RiskTech 100(차티스 리스크텍 100)에서 종합 2위를 차지하는 동시에, 7개 주요 부문에서 수상하는 쾌거를 거두었습니다.
As insurance continues to evolve, the link between analytics, AI and organizational success has never been more apparent. Marvin Pestcoe serves on the boards of Hamilton Insurance and Catalina Insurance. He is a fellow of the Casualty Actuarial Society. In short, he understands the connection between analytics, AI and insurance
In summer 2020, we launched our strategic partnership with Microsoft, announcing our plan to work together to help our customers. With world-class data and analytics, we are helping them solve their most critical business challenges using SAS® Viya® on Microsoft Azure. In just three short years, we’ve made tremendous strides toward our
What if, 12 months ago, someone bet you that a technology was coming in the next year that would cause great excitement and great fear in all businesses, industries and geographies? Would you have taken that bet? Of course, now we know that the technology is generative AI. Popularized by
In the competitive and highly regulated insurance industry, it’s easy to see why firms are hungry to unlock the value of their data. From tackling claims inflation and fraud to developing innovative new products and pricing strategies, they know that being able to make sense of this data quickly is
Leaders from businesses and governments across the world continue to show progress on a range of critical environmental topics, addressing climate resilience and taking actions to ensure a more sustainable and thriving planet. Advancements and innovations continue to open new avenues for environmental leadership – and the use of data
The relationship between insurance companies and their clients has always been tricky due to several factors. But just like any other sector today, insurance organizations are transforming with digital technologies – and these solutions are customer-centric. What’s in store for customer relationships in the insurance industry? Keep on reading to
We are getting used to seeing banks considering climate risk. After all, it is closely related to other types of risks that financial institutions mitigate and manage. There are two main types of risks associated with climate: Physical risk of financial losses directly related to climate change-related extreme weather events. Transition
An ideal quartet formation of a rock band consists of a voice, an electric guitar, a bass, and a drum kit. What else do we need to enjoy our favorite tunes and get inspired? There's another great quartet that could bring you fresh ideas and that is the insurance industry.
Within both the business world and our personal lives, data is becoming increasingly intrinsic to everything we do. Whether it’s picking which restaurant to order from, a tailored advert or figuring out the quickest route home, data is a part of our everyday decision making. For businesses, the value of
The pandemic has hit insurers hard. Despite lower claims volumes due to reduced crime and fewer cars on the road, the sheer financial and reputational cost of COVID-19 has been enormous for the industry as a whole. Since March 2020, Lloyd's of London has made a loss due to GBP
Analyzing climate change business risk helps companies choose the most effective actions.
A solid business strategy addresses insurance accounting standards and much more.
Economic, tech and regulatory trends are shifting asset liability management strategies.
I’ve never seen so much evidence from within the insurance industry that we’re on the cusp of a fundamental change. Given the disruption we’ve witnessed over the last 12 months, and the level of uncertainty that persists, it’s very difficult to generalise and predict how the industry will change as
Many countries in Europe have in previous years experienced increased price competition for general insurance products. Especially in Southern Europe, the competition has been very fierce, fueled by online price comparison websites. In Spain, Portugal and Greece, there has been a substantial drop in average premiums for products like motor,
Learn how SAS and Microsoft can help insurers accelerate digital transformation efforts.
Digitalization, big data and AI are changing the role of insurance and, therefore, the role of actuaries. A lot of reports – like McKinsey’s Insurance 2030, Deloitte’s “The Exponential Actuary," or the Big Data and Insurance report by the Geneva Association (a leading think tank of insurance CEOs) depict aspects
Learn how SAS and Microsoft aim to meet FinServ’s evolving analytics demands through a new strategic partnership.