Skip to content

Inside Insurance Analytics: Ethical, Methodological, and Risk Management Best Practices

Vikram Kamath; Michael Barnett; Jonathan Clark 5/11/2021

LIMRA asked analytics leaders in the life and retirement industries about their best practices for handling ethical, methodological, and other analytics-related risks. Here are our findings.

Summary

LIMRA’s Emerging Technologies Executive Task Force recently conducted a survey of member company analytics leaders. This paper discusses their responses and identifies industry trends, particularly with regard to common best practices for ethics, methodology, and risk management.

Download Your Reports

No part of any report may be reproduced or translated without written permission from LIMRA. Please contact Customer Service for further information.

Related Research

Predicting and Preventing Fixed Indexed Annuity Surrenders

LIMRA’s analytics team examines the factors that cause customers to surrender fixed indexed annuities.

Analytics Practices in the Life and Retirement Industries

LIMRA interviewed analytics leaders at member companies to learn about their analytics use cases and practices. Here are our findings.

Making Insurance Easy to Buy: The InsurTech Perspective

How are InsurTech companies making insurance easy to buy, and what can industry incumbents learn from them?

2024 Insurance Barometer Study

The Insurance Barometer is an annual study that tracks the perceptions, attitudes, and behaviors of adult consumers in the United States, with a particular focus on life insurance.

Securing the Future

New data from the 2024 Insurance Barometer Study — 42% of American adults say they need (or need more) life insurance, representing a life insurance need-gap for about 102 million adults.

Meet the Project Director

Vikram Kamath
Vikram has been Director of the LIMRA Center of Excellence for Analytics since it was founded in August 2017. Prior to joining LIMRA, he spent five years working at Travelers Insurance, most recently as a data scientist in the bond division, where he led analytics research projects and built predictive models to help executives set business strategy. Vikram holds a Master of Science degree in Business Analytics from the University of Connecticut School of Business, and an undergraduate degree from Cornell University.

Senior Data Scientist and Director Of Analytics
LIMRA
vkamath@limra.com


For more information, please contact vkamath@limra.com.

You May Also Like...

Center of Excellence for Analytics

Identify risks and opportunities by tapping into LIMRA’s predictive analytic expertise and community.

LIMRA Data Exchange (LDEx) Standards

Making the process faster with standards. The LIMRA Data Exchange (LDEx) Standards are for insurance carriers and benefits administration technology companies looking to reduce errors, improve customer experience, and increase speed to market.

FraudShare

The neighborhood watch for financial services enables companies to defend against account takeover (ATO) schemes with easy, secure, real-time access to incident and threat indicator data with real-time email alerts.

Did you accomplish the goal of your visit to our site?

Yes No

Ⓒ Copyright 2024, LL Global © Copyright 2024, LL Global, Inc. Unauthorized use, reproduction, or reprinting of this material (or any portion thereof) for any purpose, including use with any current or future form of an Artificial Intelligence tool or engine, without express and written permission from LL Global (LIMRA and LOMA) is strictly prohibited.