insuretech Archives | Verikai

insuretech Posts

Verikai Launches Med/Rx to Give Insurers Robust Insights on Medical Claims & Prescription Data

SAN FRANCISCO, September 6, 2022 – Insurance technology startup, Verikai, launches Med/Rx to build on their existing product base and further optimize the underwriting process for their carrier clients. Verikai uses... Read More

Verikai Through the Lens of a Former Actuary

Actuaries play an integral role in the underwriting process for any insurance carrier. Their ability to mix data with insights is imperative to keeping books of business afloat and underwriting new and profitable policies. So,... Read More

Employee Spotlight: 12 Questions with Justin Smith-Sellinger, Cloud Architect at Verikai

In this month’s employee spotlight, we’re highlighting our expert Cloud Architect, Justin Smith-Sellinger. He’s relatively new to Verikai, being here just shy of 3 months, and is already making great strides.... Read More

Understanding the advantages of self-funded health insurance plans

What is a Self-Funded plan? More and more employers are looking to move to self-funded health insurance plans. While fully insured plans certainly have some advantages, self-funding gives more control and flexibility to the... Read More

How Behavioral Data Should Impact Underwriting

At Verikai, we’re using data to transform the insurance underwriting process and ultimately provide our customers with the right tools to better analyze their clients’ risk.  When explaining Verikai to a new... Read More

The IMQ process is flawed. Here’s how alternative data is the solution.

Most underwriters can admit that individual medical questionnaires (IMQs) are neither efficient nor accurate in predicting future insurance claims. What’s wrong with IMQs? For starters, no one particularly likes them. Employees... Read More

Breaking into the field of Data Science with Jessica Yu

At Verikai, we consider our team culture a top priority, and a huge part of building an inclusive and innovative culture is the value we place on diversity. So today, we sat down with our very talented Data Scientist, Jessica Yu,... Read More

The Age of Insurtech for Insurance Brokers

Today’s world has been redefined by technology. Even when you look at a traditionally slow-moving industry like insurance, the pandemic and new enhancements in data have changed the “if it ain’t broke,... Read More

Verikai Awards & Recognitions

Forbes “Innovative Technology Leaders” Forbes recognizes 10 innovators leading the way in technology developments. Verikai is featured as #3 on the list as an innovative leader in insurance technology. The Silicon... Read More

Health Insurance Challenges and Trends to Watch in 2022

The workplace has changed drastically since the arrival of COVID-19, which continues to fast-track digital transformation initiatives. As the insurance industry responds to rapidly evolving employee needs, the demand for... Read More