The Big Data Dive for Life Insurance

The Big Data Dive for Life Insurance

If your clients need life insurance, they don’t always have to wait for the results of invasive medical tests. New policies can be turned around within days, regardless of complexity, according to an analysis by Independent Life Brokerage.

For that, thank “predictive modeling,” or using algorithms to crunch hundreds of variables, including a person’s medical, social, geographic, personal and financial history. Using massive data sets unavailable a short time ag

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