The world of life insurance underwriting is shifting fast, with new challenges emerging on multiple fronts. From artificial intelligence reshaping risk assessment to ever-evolving regulations and complex financial considerations, underwriters must stay ahead of the curve. In Part Three of our series on the 2025 Pacific Life Underwriting Symposium, we bring together industry experts for three engaging discussions: one exploring the power and pitfalls of accelerated underwriting and AI, another tackling the regulatory hurdles shaping the market, and a third evaluating business and f...
The 2024 Pacific Life Underwriting Symposium took place recently with an excellent slate of discussion topics and life insurance industry representation. Most platform discussions were in a panel format with Pacific Life, Distribution, Reinsurance, Retrocessionaire and Technology representatives contributing and participating. It's not often that we have the opportunity to pull together important life industry players to exchange views on critical and relevant underwriting topics that impact our businesses. Congratulations go to Susan Ghalili and her team at Pacific Life for being ...
Artificial Intelligence (AI) is top of mind today in the business community and elsewhere, and if estimations are correct will continue to be so in the future. It has been described in terms such as "transformative" and "next level," and promises to be just that. And since computer systems perform tasks, it is predicted to offer a myriad of efficiency, productivity, complex problem solving and other important benefits. The uses of AI are potentially limitless, especially in the life insurance industry where business is based upon knowledge and data. To better understand AI and what the future ...