Can Taking a Selfie Get You A Realistic Life Insurance Quote?

Can Taking a Selfie Get You A Realistic Life Insurance Quote?

Insurtech. It’s taking an ancient industry down some brand-new pathways and into uncharted territory.  Now a small number of life insurance companies are testing “facial analytics” and “facial recognition” aimed at estimating your life expectancy and the current state your health. Here’s the idea: A potential customer looking for life insurance coverage takes a selfie, uploads it an insurance company, and then facial analysis software compares thousands of sectors on your face to arrive at…

Read More

Information Security Key to Success and Customer Confidence for Insurtechs Like LifeQuotes

Information Security Key to Success and Customer Confidence for Insurtechs Like LifeQuotes

SOC 2 is a certification established by the American Institute of Certified Public Accountants (AICPA) to evaluate companies regarding their Trust Services Principles and Criteria. The process involves testing companies for security, availability, processing integrity, confidentiality and the privacy of their data management systems. It’s become an industry standard for cloud-based technology companies and the certification is held by such tech heavy-hitters as Amazon Web Services and Google, and it validates the security of their…

Read More