With the Lemonade (LMND) IPO, the excitement around remaking the Insurance Business has been highlighted. A few, interesting companies have started with a blank sheet of paper to target insurance consumers directly. But, the Life Insurance industry is very large, getting bigger, and made up of some of the most interesting companies in the world. …
Exactly what is being computed in “Computational Insurance™”? Fundamentally, it is computing the decisions required to maximize business value while handling the vast amount of input from the many sources that exist today. In order to optimize your organization, a set of equations is needed that define business value. These equations can be thought of …
The new human-centered Computational Insurance approach enables organizations to elevate their teams and experts to use their experience in a far more impactful way. Industry leaders of the future leverage the unique capacity of the human mind: enabling expertise to be focused on strategic guidance and provide oversight to a computational system that makes the …
At Omniscience we have seen the world, our customers and large insurance companies change fundamentally in the last few years – accelerated even more dramatically by the events of 2020. The world is faster and much more complex. Across industries, there are growing expectations that every decision must have a positive impact on the company …