Third-party data, analytics and regulation - How Long Term Care Insurers are delivering in-force value in an evolving regulatory setting

Market:  

USA

Product:  

Long Term Care

Webinar duration:

48 min

Description

As Long Term Care insurers explore how they can make use of third-party data and Ai-driven analytics to unlock greater value in their in-force programs, the regulatory environment continues to evolve concerning how far this data can be used to drive decisions.

This webinar will touch on the current state of in-force management programs, how regulators are keeping up with the impact of these new approaches, and map out the key steps for insurers to get this right. 


Key Points

  • Why adoption of third party data and AI has been low in LTC - and how to address it
  • What are the risks of implementing data analytics and wellness based programs and getting it wrong?
  • Regulators are keeping pace with Big Data and AI, why it’s important LTCI providers work hand in hand with them  
  • Bringing it to life: How carriers can get people in the organization to buy into use of data-driven decisions when the first exercises may not get it right

Speakers

Speaker headshot

Vince Bodnar

Partner
Oliver Wyman
Speaker headshot

Geoff Keast

CEO
Montoux
Speaker headshot

Nick Gerhart

Chief Innovation Officer
Homesteaders Life

Why LTCI carriers must prioritize data & analytics

How AI technology and third party data can reduce risk and improve capital reserves for long-term care carriers