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ForMotiv Behavioral Analytics for Insurance

WebForMotiv captures hundreds of these unique digital behavioral cues, comprised of thousands of behavioral micro-expressions, while a user is actively filling out a form or application. …

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How Do Insurers Predict The Increase of Individual Risks

WebHow Do Insurers Predict Risk? Finding new tools to automate risk analytics and assessment are a hot topic in the insurance industry. Since day one, the need to predict risk …

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How it Works ForMotiv

WebPredicting User Intent with Behavioral Data Science. ForMotiv invented a way to collect and process thousands of unique behavioral “micro-expressions” while users engage with …

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Insurance Analytics Use Cases The Rise of InsurTech Analytics

WebThe present is marked by the ability to process vast amounts of data in real-time, allowing insurers to adapt their strategies on the fly. One of the key use cases of insurance …

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The Complete Guide to Behavioral-as-a-Service ForMotiv

WebIn 2022, ForMotiv analyzed over a BILLION insurance applications. In this eBook, we discuss how we got to where we are, where we're going, and what we've learned along …

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5 Predictive Analytics Techniques That Eliminate Human Error

WebThis is a cloud solution that combines business intelligence, predictive analytics, and planning capabilities all in one place. They market themselves as the analytics layer of …

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Current State of the InsurTech Industry ForMotiv

WebThe use of technology in the insurance industry has been on the rise in recent years, and this trend is expected to continue in 2023. Insurance carriers are using technology to …

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Unlocking the Power of Intent Data in Insurance

WebIntent data is a type of behavioral data that indicates a person’s propensity to take a specific action. This data is generated from a variety of sources, such as web searches, social …

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Data Science in the Digital Insurance World ForMotiv

WebData Science in Insurance. Data science in insurance has come a long way from the days of punch cards and floppy disks to the modern data collection capabilities of analyzing …

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Automated Underwriting System in Insurance ForMotiv

WebDepending on the type of insurance, an application form could have anywhere from 20-150+ questions, so the carrier receives 20-150+ data points upon submission. Only by …

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Predictive Analytics in Insurance Top 6 Use Cases for 2024

WebThe use cases for Behavioral Data Science and artificial intelligence especially in applications and claims are seemingly endless. According to LexisNexis Risk Solutions, …

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The Complete Guide to Behavioral-as-a-Service ForMotiv

WebAs carriers shift focus from growth to profitability, there is a newfound urgency to acquire first-party intent data to help make better underwriting, marketing, and claims decisions. …

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First-Party Intent Data is the New Gold Rush for Insurance Carriers

WebFirst-Party Intent Data is the New Gold Rush for Insurance Carriers. Never before in history has customer’s digital data been so accessible. Where we go on the internet, what we …

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Commercial Insurance Solutions ForMotiv

WebForMotiv’s Commercial Insurance Solutions Build using data from 100,000,000 commercial insurance applications…

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Life Insurance Solutions ForMotiv

WebSolutions Purpose-Built for Life Insurance Based on learnings from over 100,000,000 life applications.

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ExamOne and ForMotiv Announce New Strategic Relationship

WebExamOne and ForMotiv collaborate to offer behavioral analytics technology in online personal history questionnaires. ExamOne, a leading provider of risk assessment …

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1H 2023 Life Insurance Trends Examined ForMotiv

Web1H 2023 Life Insurance Trends Examined Current Trends Facing the Life Insurance Space: Navigating a Changing Landscape. Last week we examined the 2023 P&C Trends we’re …

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Yes, Insurers Need B2B Intent Data and Here's Why ForMotiv

WebThe next step forward in insurance analytics, however, is using real-time intent scoring to intuitively interact while a customer is engaging with their platforms. And guess what, …

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Top Behavioral Solutions to Predict Insurance Fraud in 2022

WebInsurance fraud costs companies billions of dollars every year. In fact, the Coalition Against Insurance Fraud estimates that it has grown to $80 billion a year, and that figure …

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Top Real-Time Data Providers for Underwriting ForMotiv

WebHere are a few of the most common real-time data providers: LexisNexis Risk Solutions is a prominent provider of data-driven solutions for P&C insurance. For example, they offer …

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ForMotiv Welcomes Sue Tyler as Newest Board Member ForMotiv

WebPhiladelphia, September 2023 — ForMotiv, a leader in Behavioral Data Science, is thrilled to announce the appointment of Sue Tyler as the latest addition to its esteemed board of …

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Top 3 AI Insurance Fraud Solutions ForMotiv

WebThe Coalition Against Insurance Fraud pegs the yearly cost of life insurance fraud at $90 billion and P&C insurance at fraud at $45 billion and both numbers are expected to grow. …

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